For over 20 years, CDFIs have been making financial services accessible to underserved communities and populations across the country. Among their many achievements, CDFIs have financed improved access to affordable housing, critical community facilities, and schools. They have financed small and growing businesses. Through their efforts, millions of dollars have been leveraged for investment in communities often left out of the economic mainstream, creating jobs and opportunities. Below are some of their stories.
Part of the Solution
The Model Mill
Some of our customers receive support for all "Three Roots". This redevelopment in Johnson City included Tax Credit Financing, Senior Debt, Coaching around New Markets Tax Credit Structures, Connections to multiple consultants and co-investors.
Job Creating Loans to a Rural Manufacturer
Three Roots Capital provided multiple loans totaling $3 million to a manufacturer in McCreary County, Kentucky. The loans were made over a period of several years (2016 – 2020) to support a critical employer in a poverty-stricken county.
Rocky Mountain Community Reinvestment Corporation
Through sustainable direct lending, technical assistance and community collaboration, Rocky Mountain Community Reinvestment Corporation (RMCRC) will facilitate the development and preservation of safe and clean affordable housing and community facilities that serve low- to moderate-income individuals, families and underserved communities throughout the Rocky Mountain region.
Blades Barber Shop
Learn how CLIMB Fund was able to assist Blades with the relocation.
Higher Expectations
A new Community Recreation Center
Esperanza Health Centers
Raza Development Fund is proud to create the Comunidad Sana Fund to dedicate $100 million investments toward Federally Qualified Health Centers like Esperanza Health Centers. Esperanza is a home, a source of healthcare and hope, to many on the Southwest side of Chicago.
Optus Bank’s Customer Story: Carolina Concessions LLC
Carolina Concession, LLC was founded by Herbert and Sandra Sims in November 2012 in Columbia, SC. Their business concept has been made possible through developing a banking relationship with Optus Bank. These concepts include: Sky Café and Bar, Riverbanks Bar and Grill, Sunrise Cafe’, Carolina Sub and the Bar B Que Pitt.
Optus Bank’s Customer Story: Dr. Jermaine Johnson, Owner & CEO of Dream Team Consulting LLC.
In this captivating video, we bring you the incredible journey of Dr. Jermaine Johnson of Dream Team Consulting LLC., a valued member of our community. This story is a testament to the unwavering commitment that we have at Optus Bank to empower and uplift our customers. Join us on this remarkable adventure, as we delve into the heartwarming narrative of resilience, growth, and achievement.
NeighborWorks Pocatello New Home Owner Interview
NeighborWorks Pocatello helps people become home owners.