CDFIs Provide Opportunity. For All. CDFIs Target underserved populations
THE ECONOMIC RECOVERY IS ENCOURAGING FOR MOST AMERICANS, BUT IN 44 STATES POVERTY RATES ARE STILL AT RECESSION LEVELS1. 1
CDFIs create tangible impact
Community development financial institutions (CDFIs) are dedicated to providing opportunities to underserved people and communities. All data referenced comes from OFN Annual Survey of Membership unless otherwise noted. Publications that include survey data include: Side by Side, Fiscal Year 2013, Sixteenth Edition.
Source: State of the States, The Stanford Center on Poverty and Inequality, 2015
Cdfis Invest In America
$3.6 billion 720,000 JOBS CREATED OR MAINTAINED Since 1985, OFN Member CDFIs have provided more than $34 billion in responsible, affordable lending across the country.
52%
73%
MINORITIES
LOW-INCOME
24%
49%
RURAL
WOMEN
Opportunity Finance Institutions: Side by Side can be found at ofn.org/publications.
1.5 MILLION HOUSING UNITS
In 2013 alone, OFN Member CDFIs provided $3.6 billion to low-income individuals and communities.
CDFIs are Performance Oriented 9,500 COMMUNITY FACILITIES
120,000 BUSINESSES AND MICROENTERPRISES
Cumulative outcomes for OFN Member CDFIs, 1985–2013