CDFIs have been critical to successfully completing community and economic development projects in distressed and under-resourced communities like Youngstown and Warren, Ohio.
CDFIs have been critical to successfully completing community and economic development projects in distressed and under-resourced communities like Youngstown and Warren, Ohio.
The purpose of CDFI funds are critical to the communities to be able to support people and programs such as affordable housing and financial literacy to improve the wellbeing of the community.
CDFIs provide affordable capital to borrowers that may not be able to access credit from mainstream financial institutions. Unlike other non-bank options, CDFI loans are affordable and transparent. And CDFIs take a holistic approach, prioritizing the wellbeing of individual clients and the borrowers that live within them.