CDFIs were a critical component to our funding stacking. Allowing us to triple our occupancy and better meet our vision of a world where every family has what they need to ensure the best health outcomes for their children.
CDFIs were a critical component to our funding stacking. Allowing us to triple our occupancy and better meet our vision of a world where every family has what they need to ensure the best health outcomes for their children.
The AZ CDFI Network supports CDFIs because they are essential drivers of economic growth and stability across Arizona. In both rural and urban areas, CDFIs provide critical access to capital, credit, and financial services for small businesses, affordable housing developments, and community facilities. As a statewide coalition of community-focused lenders, we see firsthand how CDFIs strengthen local economies, support entrepreneurs, and create jobs. Continued investment in the CDFI Fund ensures that communities across Arizona have the resources they need to grow and prosper.
I have watched how CDFIs support small business owners and home owners where banks and credit unions could not. The amount banks charge is often above what people can pay, CDFIs that are nonprofits even the playing field for them by investing in the people and not company profits.