CDFI: Strengthening Local Economies through Private Investment
Community Development Financial Institutions (CDFIs) bridge critical financing gaps in rural, urban, and Native communities that traditional lenders often overlook. With over 1,400 institutions nationwide, they play a key role in addressing economic challenges such as rising housing costs, inflation, and limited capital access for small businesses. By prioritizing local needs, CDFIs drive job creation, small business growth, and essential community services like healthcare and childcare. Their partnerships with the public sector allow them to leverage significant private investment—$8 for...