President’s Budget Stories and Data

Quick Navigation

Meet Allison Bell, Owner of Little Things Preschool and Daycare

Canon City,
Colorado

Colorado Enterprise Fund

Rebuilding Together

Loveland,
Colorado

Impact Development Fund

Pennsylvania Assistive Technology Foundation Lending in PA District 1

Pennsylvania

Pennsylvania Assistive Technology Foundation

CDVCA Invests in Goodwrx

Las Vegas,
Nevada

Community Development Venture Capital Alliance

Load More Stories

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.

CDFI Investment Map

Mapped CDFI investment data (2005-2023), via the CDFI Coalition's partnership with CDFI Friendly America.

CDFI Advocacy App

Want more state data? Check out CDFI Friendly America's mobile-friendly CDFI Advocacy App for impacts from 2005-2023.

Testimonials

Our Native communities are very close knit and culturally dependent upon the community to hold those sacred ways in place. Our communities need the CDFIs as they better understand and serve the community members in a way that is critical to the success of home ownership, small business support and primarily teaching the outside world’s credit system and how it affects each member. We strive to strengthen the financial wellbeing of our communities where government and the outside world falls short.

Becky Albert-Breed, First Nations Community Financial, Black River Falls, WI

CDFIs are essential to ensuring all communities and residents have access to safe, affordable credit when traditional financial institutions are not able to do so. These market-based institutions know their communities needs best and leverage private sector investment. Building bridges between the public and private sectors is what CDFIs do well and we need to preserve the expertise of these organizations by ensuring a robust funding of $324 million for the CDFI Fund.

Victoria E. Stein, Otis Street Advisors LLC, Newton MA, MA

Since its inception, the CDFI Fund has been a staunch supporter of CDFIs like MEDA whose mission is focused on rebuilding and stabilizing some of the most impoverished and underserved communities across the country.

Dorothy Bridges, Metropolitan Economic Development Association (MEDA), Minneapolis, MN

The shift in business models among banks and credit unions—along with ongoing consolidation and the retreat from rural markets—has left a growing number of entrepreneurs without access to traditional financing. In response, MoFi and other CDFIs have become critical entry points for future bank customers.

Heidi DeArment, MoFi