Building the Capacity of CDFIs in Georgia
Offered by OFN with support from Healthcare Georgia Foundation, the Building the Capacity of CDFIs in Georgia program included technical assistance with capital and operating grants for CDFIs working to strengthen community development and health in rural communities in Georgia.
The program strengthened the ecosystem of CDFIs and partners ready and able to deploy capital into areas of need throughout Georgia, particularly in deeply underserved rural areas and areas of persistent poverty. The program included opportunities to share challenges, lessons learned, and build connections with partners in the health and community development ecosystem.
Diverse types of CDFIs participated, including loan funds, credit unions, and banks, all of which provided financial and development services related to social determinants of health in Georgia.
OFN awarded eight recipients with grant funds under the Building the Capacity of CDFIs in Georgia program. CDFIs finance social determinants of health such as community facilities, healthy food options, affordable housing, small business and microloans, consumer financial products and services, transportation and transit development, and technology access.
The eight CDFIs that received grants were:
- Albany Community Together (ACT!)
- Carver Financial Corporation/Carver State Bank
- Community Health Center Capital Fund, Inc.
- Georgia Cities Foundation
- National Federation of Community Development
- Neighborhood Lending Partners
- Southwest Georgia United Empowerment Zone, Inc.