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Updated: 25 min 52 sec ago

Panelists Needed for Conference: Financial Equity for Makers

Sat, 2021-04-03 01:21
From : Communities>>Open Forum
Sequoyah Fund is sponsoring the make/SHIFT Conference, a National Association of Community College Entrepreneurship conference focused on building maker ecosystems. We are hosting a discussion on May 5 called "Fiancial Equity for Makers." If you work specifically in the maker ecosystem to finance women and minority-owned ventures, I'd love to have you participate in this 45-minute virtual session. Each CDFI will host their own breakout room where they will share a maker-financed success story. This [More]

CMF 2021 - Dates?

Fri, 2021-04-02 12:04
From : Communities>>Open Forum
Hello everyone,  Does anyone have any insight into when the Capital Magnet Fund NOFA will be released this year? The information on CDFIfund.gov for CMF is just showing the dates from 2020. It has an "Announcement Date" of February 22, 2021, but I looked through my emails and I never saw an announcement or a NOFA notification about CMF. I also cannot locate it on the CDFI website. Our organization is interested in applying for CMF again this year, and we're very understaffed right now so we're trying [More]

RE: CDFI Professional Development in 17 minutes

Thu, 2021-04-01 13:23
From : Communities>>Open Forum
thank you Jason! ------------------------------ Belinda Turner-DuBois CEED Lending Program Manager Program Manager Livonia MI CEED Lending-Great Lakes WBC ------------------------------

RE: CDFI Professional Development in 17 minutes

Wed, 2021-03-31 12:38
From : Communities>>Open Forum
Great share. Thanks! ------------------------------ Micha Josephy Executive Director Cooperative Fund of New England Watertown Massachusetts 617.910.8065 mjosephy@coopfund.coop ------------------------------

RE: CDFI Professional Development in 17 minutes

Wed, 2021-03-31 11:22
From : Communities>>Open Forum
@Jason Friedman , love it! Who do we give credit when posting? ​ ------------------------------ Justin Straight COO LoanWell Durham NC ------------------------------

RE: CDFI Professional Development in 17 minutes

Wed, 2021-03-31 09:45
From : Communities>>Open Forum
Excellent resource, Jason. Thank you for sharing! ------------------------------ Steve Varnum Director of Communications and Marketing New Hampshire Community Loan Fund, Inc. Concord NH (603) 224-6669 svarnum@communityloanfund.org ------------------------------

CDFI Professional Development in 17 minutes

Tue, 2021-03-30 13:53
From : Communities>>Open Forum
Dear Colleagues -  This is a 'must-see' animated video for community development finance professionals.  'Segregated By Design' examines the forgotten history of how our federal, state and local governments unconstitutionally segregated every major metropolitan area in America through law and policy.  Pay it forward and put it on your social media channels. Thanks. ------------------------------ Jason Friedman CEO Friedman Associates (319) 341-3556 jasonj@friedmanassociates.net www.friedmanassociates.net [More]

"Reimagining Mission-Oriented Banking" Virtual Conference

Tue, 2021-03-30 11:53
From : Communities>>Open Forum
Please plan to attend the NCIF Virtual Conference on April 19-22.     https://ncif.org/connect/conferences  Some highlights: · Keynotes and key presenters include:  FDIC Chair Jelena McWilliams, Jim Sorenson (Sorenson Impact Foundation), John Rogers Jr. (Ariel), Fran Seegull (US Impact Investing Alliance), Jodie Harris (CDFI Fund Director), Annie Donovan, Donna Gambrell and Sultan Meghji (Chief Innovation Officer, FDIC). [More]

Loaning to CBD businesses

Mon, 2021-03-29 16:24
From : Communities>>Open Forum
Hello everyone, I'm interested in learning whether other CDFIs are loaning money to small businesses that sell CBD and CBD-infused products.  Thank you, Lesli Pintor Growth Partners Arizona lesli@growthpartnersaz.org ------------------------------ Lesli Pintor Executive Director Growth Partners Arizona Tucson AZ 520.382.9218 ------------------------------

RE: Member Monday

Mon, 2021-03-29 13:15
From : Communities>>Open Forum
In this week's Member Monday , we would like to highlight the work of Women's Economic Ventures. Renya Chavez is the owner of Scrubs on the Run, a local small business that provides affordable and unique medical uniforms and accessories. Reyna has expanded her business to three locations in Southern California with the help of WEV. "It's hard to imagine doing business without WEV by my side", Reyna said. "Over the last seven years I have grown personally and professionally because of the impact WEV [More]

RE: Information Systems Consultant - Recommendations?

Mon, 2021-03-29 12:18
From : Communities>>Open Forum
Terrific, thank you! ------------------------------ Blair Schoenborn Director of Strategic Initiatives Bridgeway Capital Pittsburgh PA (412) 201-2450 x 134 ------------------------------

RE: Information Systems Consultant - Recommendations?

Mon, 2021-03-29 10:59
From : Communities>>Open Forum
Hello Blair, We know quite a few CDFIs that had a great experience working with the folks at ATX. They know this space and can provide an independent view of systems and process change. Here is a direct contact: Mark DiGiovanni Partner ATX Advisory Services 617-308-1871 207-370-6487 x40 mark.digiovanni@atxadvisory.com www.atxadvisory.com ___________________________ Lily H. Leavitt Community Development Practice Lead, Craftsman Technology Group P: (857) 289-2472

Information Systems Consultant - Recommendations?

Fri, 2021-03-26 15:22
From : Communities>>Open Forum
Colleagues, Bridgeway Capital is looking to engage a consulting agency to evaluate our information systems and advise us as we re-scope our systems and processes. Curious to know - have any of you worked with a consultant in this capacity that you'd recommend? I'm not necessarily asking for software vendor recommendations (though I'll take them!) in this question, but rather we'd love to hear about firms that can help us build a more integrated tech environment. Thanks in advance! ------------------------------ [More]

RE: Shopping for loan fund software?

Thu, 2021-03-25 15:57
From : Communities>>Open Forum
Hello Everyone, In response to Jason's post I just want to share a couple of things that can be useful in selecting a loan management system: A blog I wrote on this topic A list of functional considerations relevant to selecting a loan management system (see attachment - if it doesn't come through please let me know). I hope this is helpful. All the best, Lily ___________________________ Lily H. Leavitt Community Development Practice Lead, Craftsman Technology Group P: (857) 289-2472

Files Attached Document
Shopping for loan fund software? Attachments

RE: New Report on Solutions to Social Isolation

Thu, 2021-03-25 14:13
From : Communities>>Open Forum
Josh...I can't wait to read this report.  I know this is very real and have been garnering as much information/insight into this issue.  As a woman of color I have a vested interest in seeing it thwarted on every level!   Thank you for providing this report and the work you/your board do to help injustices all over the world.  I may want to connect w/the authors as suggested earlier.  I'll be back in touch if needed. Take care, jk ------------------------------ Jamie Keith Financial Business Coach [More]

California FarmLink is hiring!

Thu, 2021-03-25 09:47
From : Communities>>Open Forum
Join California FarmLink's lending team to support the prosperity of California farmers and ranchers, ensure equitable access to economic opportunity, and support environmental stewardship and vibrant local food systems. This position plays a key role in FarmLink's agricultural lending as a CDFI, providing underserved farmers and ranchers with access to capital and technical assistance. The Senior Loan Officer is a new position that will drive growth in FarmLink's small business and farmland ownership [More]

Files Attached Document
California FarmLink is hiring!

RE: New Report on Solutions to Social Isolation

Thu, 2021-03-25 09:27
From : Communities>>Open Forum
Josh -- We would like to be connected. We make car loans for precisely this purpose. Thanks in advance. Michelle -- Michelle Corson Founder+CEO 214.906.7067 (direct) ontheroadcompanies.com ** WE'VE MOVED ** Note our new address in Irving! 1500 North Loop 12 Irving, TX 75061

New Report on Solutions to Social Isolation

Wed, 2021-03-24 15:49
From : Communities>>Open Forum
CDFI Colleagues, Sharing a new report from Healthy Places by Design (where I'm a board member) commissioned by the Robert Wood Johnson Foundation exploring 5 recommendations for rooting out injustices that lead to social isolation-starting with housing, transportation & public spaces.  Link to report is here: Socially-Connected-Communities_Solutions-for-Social-Isolation.pdf (healthyplacesbydesign.org) It strikes me that CDFI's are uniquely positioned to help advance some of the solutions the report [More]

RE: TA

Tue, 2021-03-23 16:23
From : Communities>>Open Forum
@Jason Friedman ,  Thank you for the CNote shout-out.  In addition to what Jason said about the SBA program, as a former TA staff person, I can personally say that having TA support on staff reduces loan default risk. In terms of data, I would also recommend reaching out to Aspen Institute to see if they have some statistics on this topic. I would also try to connect with CDFIs that have business TA baked into their operations (WWBIC, Northern Initiatives, PCV to name a few).  Sincerely, Stacy [More]

Shopping for loan fund software?

Tue, 2021-03-23 13:45
From : Communities>>Open Forum
Dear Colleagues - tis the season for CDFI Fund TA applicants to research loan fund software to include in their application.  There are so many more options today than when I started out back in the Dark Ages in the '90s.   No matter what you land on, be a good consumer, and get under the hood with a demo.  To organize your thinking on this, check out the following: Key Areas for Review: Online application Other origination tools Target Customer  Expansion (add on modules) Underwriting [More]

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