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CDFI Lending Drives Growth—and Resilience—for Community-Based Organizations Posted by on 9 October, 2025 LISC research shows that after receiving a loan our borrowers gain financial stability, building on their strength to do more for their communities. LISC Senior Vice President for lending Bryan Kieler breaks down the findings. Read more →

". . .CDFIs often play a countercyclical role, leaning in when mainstream finance pulls back. During the 2008–2010 recession, CDFIs increased their lending even as traditional lenders retreated from communities experiencing foreclosure and job loss. During the COVID-19 pandemic, they again served as financial first responders, rapidly deploying federal and philanthropic capital to the small businesses and nonprofits serving the country’s hardest-hit areas.

LISC supports a range policy proposals to expand investment in CDFIs, outlined in our 2025-2026 Policy Priorities. To meet the sector’s needs, the CDFI Fund must continue to receive strong appropriations and Administration support. The Fund’s programs help CDFIs attract roughly eight dollars in private investment for every federal dollar spent—fueling housing construction, jobs, and businesses in American communities.

More research is needed to fully understand the scope and impact of CDFIs. But LISC’s new findings add to the growing evidence that mission-driven lending doesn’t just finance buildings—it builds capacity, fuels growth, and strengthens the very community builders at the heart of our work."

About the Author
Bryan K. Kieler, SVP Lending

Dr. Bryan Kieler is LISC’s Senior Vice President and Chief Lending Officer. With more than 22 years of experience in financial services and community development lending, Bryan has developed a deep expertise in community impact finance. 

• Prior to LISC, Bryan served as Senior Vice President and Michigan Market Manager for Community Development Banking at PNC Bank. He led the bank’s community development lending investment efforts, supporting nonprofits and community organizations throughout Michigan.