CDFIs Provide Opportunity For All

CDFIS PROVIDE OPPORTUNITY, AMERICANS, BUT IN 44 STATES FOR ALL. THE ECONOMIC RECOVERY IS ENCOURAGING FOR MOST POVERTY RATES ARE STILL. AT RECESSION LEVELS'. Source: State of the States, The Stanford Center'on Poverty and Inequality, 2015 CDFIS TARGET UNDERSERVED POPULATIONS CDFIS CREATE TANGIBLE IMPACT CDFIS INVEST IN AMERICA Community development financial institutions (CDFIS) are dedicated to providing opportunities to underserved people and communities. $3.6 BILLION AN 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. 720,000 JOBS CREATED OR MAINTAINED Since 1985, OFN Member CDFIs have provided more than $34 billion in responsible, affordable lending across the country. In 2013 alone, OFN Member CDFIS provided $3.6 billion 1.5 MILLION HOUSING UNITS to low-income individuals and communities. |52%| |73%| CDFIS ARE PERFORMANCE ORIENTED MINORITIES LOW-INCOME <1% NET CHARGE-OFFS |24 |49% 9,500 COMMUNITY FACILITIES 120,000 BUSINESSES AND MICROENTERPRISES In 2013 CDFIS' results were on par with mainstream financial institutions. Like banks, their net charge-off rate was less than 1.0% RURAL WOMEN Cumulative outcomes for OFN Member CDFIS, 1985-2013 Opportunity Finance Institutions: Sice by Sice can be found at ofn. org/publications. OPPORTUNITYFINANCE| NETWORKHI We Believe in Opportunity. OFN.ORG For All.