Posted August 28th, 2014 by in Grants, PATF

The Pennsylvania Assistive Technology Foundation (PATF) has just been awarded a $700,000 grant through the Community Development Financial Institution (CDFI).  The funds will be used to expand our zero percent loan program, guaranteed low-interest loan program, and financial education services.

PATF is proud of its ability to serve the needs of low to moderate income Pennsylvanians with disabilities.  It is the only consumer loan program in the state with a mission to serve people with no credit history or a negative credit history due to disability.

About the CDFI Fund

The CDFI Fund invests in and builds the capacity of community-based, private, for-profit and non-profit financial institutions with a primary mission of community development in economically distressed communities. These institutions – certified by the CDFI Fund as Community Development Financial Institutions or CDFIs – are able to respond to gaps in local markets that traditional financial institutions are not adequately serving. CDFIs provide critically needed capital, credit and other financial products in addition to technical assistance to community residents and businesses, service providers, and developers working to meet community needs. The CDFI Fund’s vision is an America in which all people have adequate access to affordable capital, credit and financial services.