Community Development Financial Institutions

Community Development Financial Institutions (CDFIs) are specialized organizations that provide financial services to underserved communities and individuals who may struggle to access traditional banking. They offer loans, grants, and financial education to support economic growth, home ownership, small businesses, and community development. CDFIs aim to foster financial inclusion and empower communities by investing in local projects and initiatives, helping to create jobs, affordable housing, and overall economic resilience. Their mission is to promote social and economic equity in areas that often face barriers to financial services.