On August 31, 2017, CHSA was certified by the U.S. Department of Treasury as a Community Development Financial Institution (CDFI). CDFI’s are mission-driven private financial institutions who are committed to supporting low- to moderate-income and other underserved people and communities.
What It Means To Be A CDFI?
It means…
We invest in local communities and the residents who live there by providing critically needed financing often unavailable from mainstream financial institutions.
We are certified by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund – known as the CDFI Fund. We share a common mission of serving low-income communities. CDFIs are commonly loan funds, credit unions, community banks, or venture capital funds.
We are part of a national network promoting economic growth in America’s underserved communities by financing businesses, creating jobs, and rebuilding neighborhoods.
We put the community first and value local, economic growth.