CDFI Friendly Bloomington is a 501(c)(3) organization implementing a new strategy developed for the unique challenges of smaller communities to increase flexible and affordable financing for businesses, nonprofits, affordable housing, and community projects in Bloomington, IN, and the Indiana Uplands region.
In response to a greater need for local financing beyond what local banks could provide, a group of Bloomington entities created CDFI Friendly Bloomington to increase flexible, affordable loans in Bloomington and Monroe County for projects and businesses that banks and other conventional financial institutions cannot finance. We help bring in larger CDFIs that do not regularly work in Bloomington to help meet these financing needs in our community.