In FY 2005 alone, Community Development Financial Institutions:

• Leveraged each appropriated Financial Assistance (FA) dollar with $27 in private and other non-CDFI Fund dollars, in effect using $51 million in FA disbursements to leverage $1.4 billion private and non-CDFI Fund dollars.
• Opened more than nearly 14,000 accounts for the previously unbanked.
• Financed the construction or rehabilitation of nearly 27,000 affordable housing units.
• Financed businesses that created or maintained more than 14,000 full-time equivalent jobs.

As of February 15th, 2007 New Markets Tax Credit allocatees had raised $7.1 billion to invest in Low Income Communities. In FY 2005 alone, the allocatees:

• Invested $1.9 billion in Low Income Communities, with 98% at better rates and terms than those offered in the prevailing market.
• Financed businesses that are projected to create 9,000 full-time equivalent jobs.
• Financed commercial real estate developments that are projected to develop or rehabilitate 15 million square feet of commercial real estate and generate 38,000 construction jobs.

• New Markets Tax Credit Performance Data Through FY 2004 - August 31, 2006
• Remarks about CIIS by Ben Bernanke in a speech - April 20, 2006
• Remarks about CIIS by Alan Greenspan in a speech - March 18, 2005
• National Public Radio Story on CDFI Fund - December 10, 2003