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CDFI LENDERS offer funding to individuals, businesses and nonprofits that may not qualify for traditional bank financing due to credit challenges, lack of collateral, or geographic location. CDFI’s fund the development and rehabilitation of affordable housing for low and moderate income, individuals and families. This is a game changer and a great way for new investors to obtain capital because they prioritize community development, helping those overlooked by banks succeed by offering financing
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🧑‍🏫 Did you know? In January 2022, The U.S. Department of the Treasury’s CDFI Fund approved Truliant as a Community Development Financial Institution (CDFI)! 💪 The CDFI certification allows us to access grants and other federal funds to provide financial products and services for local residents and businesses in low-income communities. | Truliant Federal Credit Union
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