The CDFI Coalition’s first-annual progress report on the loans, investments, and community impact of CDFIs featured a New Hampshire Community Loan Fund borrower.

As the report makes clear, “CDFIs help households build equity, create generational wealth, and establish deeper roots in their communities.” 

CDFIs provide over $107 billion in financing for homeownership and home improvement. 

But homeownership is more than a number — it’s a fresh start. It’s pride and security. And for U.S. Army veteran John Cathcart, becoming a homeowner means giving his daughter a safe, stable environment to grow and learn. 

Read his story in the report.

FROM THE REPORT

CDFIs: Creating Pathways to Homeownership

CDFIs help make the dream of homeownership possible by expanding access to responsible, affordable mortgage products for individuals and families who may not qualify for a traditional mortgage loan. Many first-time buyers, low- and moderate-income households, and borrowers with limited credit history face difficulties in accessing affordable financing. CDFIs address these gaps by offering flexible underwriting, down payment assistance, credit-building programs, and home-buyer education that prepare borrowers for long-term success.

The CDFI approach goes beyond approving loans. They also work to ensure buyers are financially prepared and supported throughout the process. CDFIs’ counseling and technical assistance that guide prospective homeowners through budgeting, credit repair, and the complexities of purchasing a home. This hands-on support helps families build financial confidence, avoid predatory lending, and make informed decisions. By making homeownership more accessible, CDFIs help households build equity, create generational wealth, and establish deeper roots in their communities.

Homeownership remains one of the most powerful tools for building long-term financial security. The following case studies highlight how CDFIs provide flexible mortgage products, down payment assistance, and sustained counseling that make ownership attainable. From long-standing housing organizations in New Mexico helping families move from renting to owning, to innovative mortgage products reopening opportunities in Detroit, to shared appreciation programs enabling buyers in high-cost California markets to compete, these stories demonstrate how CDFIs convert determination into keys and stability into generational wealth.

Annual Impact

• CDFIs provide over $107 billion in financing for homeownership and home improvement.
• CDFIs provide homeownership counseling and technical assistance to over 160,000 clients each year.