We only had a short time to accomplish the refinancing and the CDBG funds made it possible to get the job done in time.
Henry Kober, CEO of DCI, Inc.
DCI, a commercial furniture manufacturer, was unexpectedly forced to refinance its debt due to a bank request prompted by instability in the market. As a result of the CDBG funds, DCI refinanced and maintained its operations, ensuring that 197 employees retained their jobs.