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Arizona CDFIs: Funding Community Growth & Local Impact! #shorts

24 Jun 2026 · 1 min

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0:42

In this brief YouTube short, the speaker outlines the community development financial institutions (CDFIs) operating in Arizona, naming Chris Stamos CDFI, the Local Initiatives Support Corporation (LISC), and Growth Partners/Clearinghouse CDFI. The narration explains where these CDFIs obtain their capital—primarily from the U.S. Treasury Department, banks seeking Community Reinvestment Act (CRA) credits, philanthropic foundations, and institutional impact‑investment funds. Because their funding is tied to public and impact‑oriented sources, the speaker emphasizes that these CDFIs prioritize community improvement over profit, directing resources to targeted community‑development projects.

Chapters

here in Arizona, Arizona CDFIs, we should know we've got Chris Stamos CDFI, very active in Arizona. We've got the Local Initiative Support Corporation. They're another one. We got Growth Partners of Arizona Clearinghouse CDFI. And so this is where the CDFI gets their money. This is really important to understand. This is why they have these programs set up to be more about improvement than about profit is because they receive their money from the Treasury Department, banks that need CRA credits, foundations, and institutional impact funds. So they are required to put those into targeted areas for, for community development.