CDFIs are essential in supporting small businesses that are the backbone of the United States’ economy.
Thank you to our partners at Inclusive and CDBA for sharing data on CDFI Bank and CDFI Credit Union branch locations. In addition, about 100 of our CDFI Stories come from OFN’s story database.
CDFIs are essential in supporting small businesses that are the backbone of the United States’ economy.
When traditional financing felt out of reach, Access CDFI offered more than a loan. We provided the support, encouragement, and confidence to help bring her vision to life.
CDFI funds are frequently the only source of funding and lending available to small, scaled community-oriented development in Minneapolis. Without access to those opportunities companies like mine would not be able to accomplish our development goals and create mid-scale projects related to the arts and market rate affordable housing.
The impact CDFI organizations make through their lending programs helps communities by providing financing that helps create or expand a small business, create or sustain jobs, and offers communities an expanded tax base.