CDFI Connect Community Discussions

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Updated: 18 min 53 sec ago

RE: Strategic Planning RFP

2 hours 39 min ago
From : Communities>>Open Forum
I'd love to help.  We do quite a bit of strategic planning and I'd be happy to share our standard proposal process and pitch decks so that you can reverse engineer the process for vetting a consultant.  I'm know this post is from April, so I'm hoping you might have already solved this challenge :) FYI, we use a lot of strategic planning materials from Gazelles.  It's a great starting point if you're not already familiar with the Scaling Up resources:  https://gazelles.com/ ------------------------------ [More]

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RE: Strategic Planning RFP

RE: Tracking and Reporting Metrics

2 hours 46 min ago
From : Communities>>Open Forum
Hi Becka! We love jumping into the report design and data analysis process.  We are normally asked to focus on customer acquisition and marketing focused activities.  We haven't worked with Implan before so that might be a small hurdle.  Here are a few articles I wrote that might help as well. ------------------------------ Paul Bresenden President 454 Creative Irvine CA 9492991120 ------------------------------

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RE: Tracking and Reporting Metrics

Succession Planning

Wed, 2019-07-17 11:13
From : Communities>>Open Forum
Greetings All, We are in the process of developing a Succession Plan, I was hoping our CDFI family might be able to share there template with us. We would greatly appreciate any assistance. TIWA LENDING SERVICES Herr Kam! (Thank you), Sheila Herrera Executive Director Office (505) 916-0556 Fax # (505) 869-7596

RE: CDFI Capital Magnet Fund questions

Wed, 2019-07-17 10:23
From : Communities>>Open Forum
Hi Emily - great questions.  Submitting a service request will have no bearing on the scoring of your application.  I have attached some resources for you, including our project eligibility checklist, a description of our AMIS workbook, which replaces and improves upon the one the Fund eliminated, and a link to the webinar we conducted on CMF.  In our experience in obtaining CMF awards for our clients, two things are a must: (1) at least 3 and preferably 5 years experience in undertaking projects [More]

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RE: CDFI Capital Magnet Fund questions

CDFI Capital Magnet Fund questions

Wed, 2019-07-17 09:23
From : Communities>>Open Forum
Hi there everyone, I hope this is an appropriate place to post this. We are a newly-certified CDFI with a great deal of established connections in our community. We want to use those connections along with our own resources to bring true meaningful change to areas experiencing distress. Specifically, we believe we can achieve this through the Capital Magnet Fund. The challenge is, we (myself and my colleague, a financial analyst) don't have much experience applying for grants. We are both extremely [More]

Interview Questions for Loan Officer/Lending Relations

Tue, 2019-07-16 14:34
From : Communities>>Open Forum
Hello Forum! We are super excited to be hiring a Lending Relations Manager aka Loan Officer and we would love to know if you have some great questions to ask candidates. Thanks in advance for sharing! Sincerely, Heather Heather Gurewitz Executive Director Economic Development & Financing Corp 208 B. South Oak St. Ukiah, CA 95482 (707) 234-5705 http://www.edfc.org

RE: Red Flag Warnings and Bank Secrecy Act/Anti-Money Laundering Policy

Tue, 2019-07-16 13:24
From : Communities>>Open Forum
good afternoon, We have created a Red Flags Policy and have had to incorporate BSA/AML policy.  I am willing to chat and see how I can be helpful.  Please feel free to reach out to me directly. Cydney ------------------------------ Cydney Dodge Chief Administrative Officer New Hampshire Community Loan Fund Concord NH (603) 224-6669 Chief Administrative OfficerChief Administrative Officer ------------------------------

RE: Webinar: Is Your Project Eligible for CMF Funding?

Tue, 2019-07-16 12:44
From : Communities>>Open Forum
Hi Jason, is this webinar available to be viewed online? Thank you! ------------------------------ Emily Olsen Administrative Assistant to the VP of Accounting and Finance University of Michigan Credit Union Ann Arbor MI 734-662-8200 ------------------------------

RE: Red Flag Warnings and Bank Secrecy Act/Anti-Money Laundering Policy

Tue, 2019-07-16 10:46
From : Communities>>Open Forum
Thank you for your response. I would love to see a copy. Gary Anderson Lending Manager ( 509) 456-SNAP x4122 500 S. Stone | Spokane, WA snapwa.org

RE: Red Flag Warnings and Bank Secrecy Act/Anti-Money Laundering Policy

Tue, 2019-07-16 09:58
From : Communities>>Open Forum
We adopted a red flags policy several years ago.  Happy to send you a copy.  Bank secrecy is a new one on me. ------------------------------ Kim Jacobs President/CEO Community Capital New York Elmsford, NY 914 747 8020 ------------------------------

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RE: Red Flag Warnings and Bank Secrecy Act/Anti-Money Laundering Policy

Tracking and Reporting Metrics

Tue, 2019-07-16 09:55
From : Communities>>Open Forum
Greetings All - We are trying to come up with new ways to track and report metrics to our board, the CDFI Fund and to the communities we serve and wanted to see if any OFN Members work with any third parties that provide these services.   What we are looking for is someone who can take an in-depth look at our total portfolio and analyze it for reporting purposes and who can also look at individual projects, probably using Implan software, to make sure we are financing the most impactful projects.  [More]

RE: Red Flag Warnings and Bank Secrecy Act/Anti-Money Laundering Policy

Tue, 2019-07-16 09:48
From : Communities>>Open Forum
Hi Gary, We've helped several CDFIs create policies that mimic the Red Flag Warnings and BSA/AML items. You can get a lot of legal opinions on this (as with any item involving legal advice), and I'm not a lawyer, but I don't think claiming or trying to actually meet the regulatory burden is in your best interest. Claiming and showing you have policies that mimic those regulations where applicable can be helpful when working with banks though. There has been increased pressure for banks to monitor [More]

Red Flag Warnings and Bank Secrecy Act/Anti-Money Laundering Policy

Mon, 2019-07-15 14:14
From : Communities>>Open Forum
Dear Members: SNAP is a registered CDFI. Recently we were examined by the Department of Financial Institutions. Although we do not take deposits we were advised to create policy regarding Red Flag Warnings a and Bank Secrecy Act/Anti Money Laundering. Have any of you formulated a policy statement that addresses these 2 items. Thanks you in advance. Gary Anderson Lending Manager ( 509) 456-SNAP x4122 500 S. Stone | Spokane, WA snapwa.org

Sustainable Buildings and Homes

Mon, 2019-07-15 13:23
From : Communities>>Open Forum
For OFN members -  GreenMoney has launched its July/Aug issue on "Sustainable Buildings and Energy," a topic so impactful to the communities where we live and work, it merits a double issue.  This World Resources Institute quote from lead article writer Sam Adams of Vert Asset Mgmt., encapsulates the issue's content and theme on buildings and homes: "The environmental impact of the built environment can be minimized with energy efficient buildings, as well as with environmentally sound siting decisions, [More]

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Sustainable Buildings and Homes

RE: If you can't relate to this......

Thu, 2019-07-11 15:04
From : Communities>>Open Forum
Clever, funny and sad....all at the same time.  Thanks for the laugh @Jason Friedman  :O)​ ------------------------------ Caprice Pratt Small Business Lending Outreach / Underwriter Spruce Root, Inc., Southeast Alaska ------------------------------

RE: minority owned CDFI consultant

Wed, 2019-07-10 15:08
From : Communities>>Open Forum
Hello.  Our CDFI is located in Puerto Rico and we have contracted Mr. Jose A. Tirado for the past 10 years.  He is Hispanic but he also speaks and writes in English. He is a certified  Planner and Economist.  All the work can be done online.   He worked with our CDFI Application as well as with our FA Applications, ​being successfully awarded.  His phone number is (787)382-1919 and his email is josean_tirado@yahoo.com.  Giovanna Piovanetti Executive President COFECC San Juan, Puerto Rico (787)756-5082 [More]

RE: minority owned CDFI consultant

Wed, 2019-07-10 11:13
From : Communities>>Open Forum
Hello. I interviewed Berdell Knowles Jr., President and CEO of the Knowles Companies, Inc. when we were looking for a consultant. I was very impressed with his company and with his professionalism. We elected to engage another firm that we had some previous history with.  While I cannot locate his contact information, he is on LinkedIn. Nicole Ridley ------------------------------ Nicole Ridley Chief Executive LCMS National Housing Support Corp ------------------------------

minority owned CDFI consultant

Tue, 2019-07-09 14:42
From : Communities>>Open Forum
We are seeking and would appreciate any connections to minority-owned CDFI application consultants. Thank you. ------------------------------ [Karen] [Klick] [Piedmont Housing Alliance] [Charlottesville] [VA] [434-817-0662] ------------------------------

Immigrant Entrepreneurship = Independence = American Greatness

Fri, 2019-07-05 14:50
From : Communities>>Open Forum
Let's give a shout out to our sisters and brothers whose doors are always open for immigrants seeking to create opportunities for their families and communities! ------------------------------ Jason Friedman Prresident & CEO Friedman Associates 319-341-3556 jasonj@friedmanassociates.net www.friedmanassociates.net ------------------------------

RE: If you can't relate to this......

Wed, 2019-07-03 12:51
From : Communities>>Open Forum
Thank you your post.  The article is spot on.  I laughed all the way through.  I will definitely share with others. ------------------------------ Linda Braunschweiger CEO Ventura County Housing Trust Fund ------------------------------

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