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Mission Statement
The mission of Catalyst Development Corporation is to address the root causes of poverty and foster economic growth by providing flexible financing, education, and support for underserved small businesses, nonprofit organizations, affordable housing providers, and other economic development activities.
Our Story
Catalyst Development Corporation was created to turn vision into opportunity.
In 2016, Robert James recognized that while Carver State Bank was already serving the community as a certified Community Development Financial Institution (CDFI), many critical needs—especially affordable housing and neighborhood revitalization—required tools beyond what a regulated bank could provide.
Our Journey
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