Community Development Financial Institutions (CDFI)

Community Development Financial Institutions (CDFIs) are specialized organizations that focus on providing financial services to underserved communities and individuals who may not have access to traditional banks. They offer loans, investments, and other services to promote economic development, support small businesses, and improve housing opportunities. CDFIs aim to foster community growth and empower people by addressing social and economic challenges, ultimately contributing to more equitable access to financial resources and stability. They play a crucial role in revitalizing neighborhoods and supporting local economies.