Author: Sierra Stoney
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CDFI innovations in consumer and small business finance
CDFIs shared innovative practices for consumer and small business finance business lines in their responses to the Federal Reserve’s 2023 CDFI Survey.
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CDFI innovations supporting housing access and stability
CDFIs shared innovative practices for supporting homebuyers, homeowners, and residential real estate developers in their responses to the Federal Reserve’s 2023 CDFI Survey.
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2023 CDFI Survey Key Findings
From April 24 through June 2, 2023, the Federal Reserve fielded the 2023 CDFI Survey. Respondents touched on demand for products and services, innovation, and impacts of rising interest rates, a tight labor market, and rising wages. Here’s what 453 CDFIs said about their financial well-being and the road ahead.