Mercy Housing’s Post

Join us and Opportunity Finance Network in urging Congress and the White House to preserve the Community Development Financial Institutions Fund (CDFI Fund).

OFN stands with our partners and allies to ensure the Community Development Financial Institutions Fund (CDFI Fund) remains intact amid potential threats from the recent Executive Order. We can’t have “America First” without putting our communities first—which is exactly what #CDFIs have done for decades, bringing capital to underserved areas that traditional financial institutions often overlook.   Today, there are 1,432 CDFIs across all 50 states and U.S. territories, collectively managing $304 billion in loans that support small businesses, homeowners, and essential community facilities. Every $1 awarded by the CDFI Fund attracts $8 in private investment—a testament to CDFIs’ power to fuel local economic growth. Dismantling the CDFI Fund would not only cost jobs but jeopardize critical projects like affordable housing, childcare centers, and infrastructure improvements.   Join OFN and our 470+ members in urging Congress and the White House to preserve this proven engine of opportunity.    #EconomicOpportunity #CommunityDevelopment

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