YWCA CDFI Map
When women succeed economically, they create a safer, healthier life for themselves, their children, and their communities. It is for this reason that YWCA USA continues to build partnerships, tools, and resources to support women’s economic growth and prosperity. One such tool is the YWCA CDFI map.
The map features 200+ YWCAs providing services and programming nationwide to over 2.3 million women, girls and their families, as well as 200+ Community Development Financial Institutions (CDFIs). YWCA USA partnered with the Opportunity Finance Network (OFN) to highlight their members’ and YWCAs’ work. The CDFIs highlighted provide financing in underserved communities nationwide for a range of projects, including affordable housing, community facilities, commercial real estate, and small businesses.
Each YWCA profile includes contact information, census tract number, New Markets Tax Credit (NMTC) census tract eligibility, and total number of women, girls, and families served. Each CDFI profile includes contact information, geography served, and lending sectors.
YWCAs, CDFIs, and economic development stakeholders can leverage the map’s data to learn about where and what types of services YWCAs and CDFIs deploy and find synergies for cross collaboration in communities nationwide.
If you have any questions about YWCA USA’s work with CDFIs, please contact Liz Lopez, Senior Director of Social Impact Investing & External Affairs.
About Community Development Financial Institutions (CDFIs)
There are over 1,000 CDFIs certified by the U.S. Department of the Treasury’s CDFI Fund with over $185 billion in total assets in 2018. CDFIs include nonprofit credit unions, as well as banks, loan funds, and venture capital funds that are nonprofit or for-profit.
CDFIs are catalysts for finance in hard to serve markets. They leverage sources of capital from the private and public sectors, including banks, foundations, corporations and government. For every $1 in CDFI Fund awards, CDFIs generate $12 in financing to low-income, low-wealth communities. Also, in many cases, CDFIs provide the gap financing that allows projects to secure financing from mainstream financial services institutions.
CDFIs are placed-based organizations with deep roots in the communities they serve. They leverage community insights and partnerships to develop tailored financial tools and services for a wide range of projects. CDFIs are also approved lenders for the Small Business Administration (SBA) Paycheck Protection Program.
- About OFN.
- CDFI Coverage Map. Map helps to measure CDFI coverage—where CDFIs are located, where they provide financing and other services, which financing sectors they serve, and how these change over time.
- CDFI Report. Showcases 67 CDFIs’ work in revitalizing rural and urban areas across the country and their success in creating economic opportunity, jobs, and services.