Since 1994, the U.S. Treasury’s CDFI Fund has provided financing to community development finance institutions, or CDFIs, that make at least 60 percent of their financing available to low-to-moderate income neighborhoods.
The banks, credit unions, loan funds, and venture capital providers support alternatives to gang violence in Chicago, finance business opportunities on Native lands and invest billions to kickstart job growth and affordable housing in Kentucky, West Virginia, South Dakota and other rural states.
The Opportunity Finance Network’s #CDFIsInvest campaign is pushing Congress to continue support for CDFIs, which have helped to create and maintain over a million jobs. Tweet that, @realDonaldTrump.
Photo credit: Opportunity Finance Network