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RE: Funding ADU?

Thu, 2020-10-15 10:02
From : Communities>>Open Forum
Enterprise just released this publication which may be a resource:  Are ADUs a Strategy for your Neighborhood?   Enterprise Policy Development and Research team has released a new research paper exploring opportunities and barriers to bringing Accessory Dwelling Unit (ADU) development to scale. Overcoming Barriers to Bringing Accessory Dwelling Unit (ADU) Development to Scale  is part of New Reflections on Affordable Housing Design, Policy, and Production  research series ------------------------------ [More]

Funding ADU?

Wed, 2020-10-14 22:13
From : Communities>>Open Forum
Does anyone finance additional dwelling units ADU? Or know anything about this? THANKS! Heidi ------------------------------ Heidi Pickman VP, Programs and Policy CAMEO - California Association for Micro Enterprise Opportunity San Francisco, CA ------------------------------

Data on Investments in BIPOC, Women-Owned and Immigrant Small Business

Wed, 2020-10-14 21:16
From : Communities>>Open Forum
Greetings All, I am working on an effort in the Puget Sound Region for long term recovery for small business. We are creating some aspirational goals-actionable but not easy-to inspire all types of stakeholders to contribute to these efforts. One will be dedicated to measurable increase in investment in BIPOC, women-owned and immigrant owned small businesses (and microenterprises). Does anyone have any research or data on the current investment in these sectors? Any qualitative or quantitative [More]

Happy Birthday Community Reinvestment Act of 1977!

Wed, 2020-10-14 18:17
From : Communities>>Open Forum
Dear Colleagues: CRA celebrated its 43rd birthday on October 12. President Jimmy Carter signed it into law on October 1977; Senator William Proxmire was the driving force behind Congressional passage. This year, CRA's birthday happened to fall on Indigenous People's Day. See NCRC's take on the passage of CRA here: https://ncrc.org/the-purpose-and-design-of-the-community-reinvestment-act-cra-an-examination-of-the-1977-hearings-and-passage-of-the-cra/ Best, Josh Silver Josh Silver Senior Advisor, [More]

Loan Policies

Wed, 2020-10-14 17:36
From : Communities>>Open Forum
We are a small CDFI in Portland Oregon, with multiple capital streams. We are looking to update our loan policies, would anyone be able to share their loan policies, so we can use it as a guide? Greatly appreciate and thank you in advance Nita. -- Nita Shah Executive Director nshah@mesopdx.org 503-841-3351 https://www.mesopdx.org/donate/ I am currently working remotely. My cell is 503-544-7949 Please do not read, copy, or disseminate this communication unless you are the intended addressee. This [More]

Significant CDFI leadership opportunity

Tue, 2020-10-13 18:41
From : Communities>>Open Forum
President & CEO   New Hampshire Community Loan Fund The Opportunity The New Hampshire Community Loan Fund is a federally certified, nonprofit Community Development Financial Institution (CDFI) based in Concord, NH. Its Founding President, Juliana Eades, recently retired after leading the organization for 36 years, leaving it in a very solid position. The Community Loan Fund is poised for significant, continued organizational growth with a large capital base, ample demand for its programs and [More]

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Significant CDFI leadership opportunity

CMF need in North Carolina

Tue, 2020-10-13 11:32
From : Communities>>Open Forum
We're looking to partner with anyone who might have a need for Capital Magnet Fund deployment (especially for below 50% AMI units) in North Carolina. If you have funds that can be used there please let me know. Thanks! Josh ------------------------------ Josh Earn Director of Lending Institute for Community Economics, Inc Washington DC 202.333.8931 ------------------------------

RE: Tip Tuesday

Tue, 2020-10-13 11:31
From : Communities>>Open Forum
In this week's Tip Tuesday , we will show you how to add an announcement to your community! ------------------------------ Elizabeth Specht Member Engagement Associate Opportunity Finance Network Washington (202) 618-6100 ------------------------------

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RE: Tip Tuesday

RE: Building the Capacity of White-Led CDFIs to Reach BIPOC Markets

Tue, 2020-10-13 09:11
From : Communities>>Open Forum
Thank you for posting this! I have been beating this particular drum for ages. ------------------------------ Eden Schulz Director of Administration The Working World, Inc. New York NY 917.922.3985 ------------------------------

RE: Building the Capacity of White-Led CDFIs to Reach BIPOC Markets

Mon, 2020-10-12 13:33
From : Communities>>Open Forum
Thanks, all, for the conversation on advancing CDFIs' work toward racial equity over the past week or so. Your thoughts have come into my in-box intermingled with various job postings. The combination makes me think of the push to disclose salary ranges in job postings -- a simple action that can increase equity. I recommend reading this post and this one on the topic. (I also highly recommend the blog at NonprofitAF.com if you're not familiar with it -- straightforward, insightful articles, doused [More]

RE: Building the Capacity of White-Led CDFIs to Reach BIPOC Markets

Fri, 2020-10-09 13:09
From : Communities>>Open Forum
Thanks for highlighting the work of the CDFI Racial Equity Collaborative on Education, Cathi! I'm happy to talk with anyone who wants to learn more. As we shared in the blog post Cathi linked, we have done quite a bit of learning and unlearning over the last few years. I'm also involved in staff led efforts at Self-Help that are highlighted in the FUND Consulting report.  Jason, how are you selecting the people who will create the model for CDFIs? ------------------------------ Brittany Bennett Commercial [More]

Job Posting - Loan Officer, Central Florida

Fri, 2020-10-09 09:31
From : Communities>>Open Forum
Florida Community Loan Fund (FCLF) is seeking an experienced Community Development Loan Officer to promote FCLF in the Central Florida area. Successful candidates will identify potential projects to benefit primarily not-for-profit enterprises, which would be funded by loans facilitated through FCLF. FCLF's Strategic Plan emphasizes significant growth over the next 4 years and we are adding staff now to keep pace with this growth. View the job posting on our website for more details and how to apply. [More]

RE: Building the Capacity of White-Led CDFIs to Reach BIPOC Markets

Fri, 2020-10-09 02:41
From : Communities>>Open Forum
THANK YOU, all! I read this string of dialogue with great interest and want to offer some observations and personal reflections out of gratitude and because I enthusiastically support this kind of work. First, some kudos: JASON: Thanks for making yourself vulnerable in this way. You reference your own "shame" and, yet, there is so much honor in making an attempt to tackle this tangled web of interrelated issues. Too few ever make the effort. Cliff: i appreciate the term self-interrogation. [More]

RE: Building the Capacity of White-Led CDFIs to Reach BIPOC Markets

Thu, 2020-10-08 20:21
From : Communities>>Open Forum
Thanks, Jason. It is encouraging to see the growing interest and efforts around strengthening racial equity, especially as an application of collective impact and commitments to community development as CDFIs.   There are a lot of resources out there and I hope we can continued to (un)learn from and with one another. I've included a few articles (including one from our CDFI peers!) that I've found helpful in my work with groups in grounding these efforts as we move from a moment to creating a [More]

Job Posting - Loan Officer

Thu, 2020-10-08 11:24
From : Communities>>Open Forum
Small Business Assistant Corp (SBAC) located in Savannah, GA is hiring for the following position: Small Business Lending Officer Position Summary: Responsible for generating a loan portfolio sourced by a variety of available loan products with loans ranging from $2,500 to $250,000 through direct sales, referrals, and marketing. Network with bankers, government and community, and business representatives to generate loans, promote SBAC, and increase client contact in and around Savannah and [More]

Criminal history policies

Thu, 2020-10-08 09:32
From : Communities>>Open Forum
NCST is piloting a fund in Baltimore that will lend to small, single-family developers rehabbing properties for homeownership within certain neighborhoods in the city. Wondering if anyone has a criminal history policy that governs lending to small business owners. Similar lenders we've spoken to handle this issue on a case-by-case basis, which could result in unequal outcomes based on the mood of the underwriter. However, we fear something like the FDIC's policy might have a disparate impact on borrowers [More]

RE: Building the Capacity of White-Led CDFIs to Reach BIPOC Markets

Thu, 2020-10-08 08:45
From : Communities>>Open Forum
Below is a link to a blog that I wrote to reflect on my experience as white CEO whose CDFI is embarking on racial equity work, both in our internal operations and to deepen our reach to BIPOC borrowers.  https://sccommunityloanfund.org/blog/risk-chip-a-letter-from-the-ceo/ Anna Lewin CEO SC Community Loan Fund anna@sccommunityloanfund.org ------------------------------ Anna Lewin CEO South Carolina Community Loan Fund Charleston SC (843) 973-7285 x404 ------------------------------

RE: Building the Capacity of White-Led CDFIs to Reach BIPOC Markets

Wed, 2020-10-07 13:08
From : Communities>>Open Forum
Hi Manjima - yes, I am familiar with this terrific research report and its contribution to the industry! Thank you for reminding me (oh, those senior moments!). We're now moving to formalize a model for CDFIs informed and developed by academics, consultants, and professionals engaged in creating a culture of racial equity. The industry leaders I have spoken with are clear that this is a multi-year process, which must be led by the Board of Directors in order to be successful.   Thanks to all of you [More]

RE: Building the Capacity of White-Led CDFIs to Reach BIPOC Markets

Wed, 2020-10-07 11:40
From : Communities>>Open Forum
Jason, it's great to hear of continued interest in equity and inclusion in the industry! We've been doing this work for over a year now, starting with research conducted in 2019 by our nonprofit FUND CI, " Advancing Equity: Diversity and Inclusion at CDFIs " which can be found on our website. Manjima Bose Partner FUND Consulting, LLC 1165 N. Clark St, Suite 608 Chicago, IL 60610 P: 773.281.8845 F: 773.442.0492 www.fundconsulting.com

RE: Building the Capacity of White-Led CDFIs to Reach BIPOC Markets

Wed, 2020-10-07 10:01
From : Communities>>Open Forum
Thanks, Jason, for stepping forward on this. While I dislike the term "interrogation" (especially, its prevalence in academic circle), I am now engaged in an exercise of self-interrogation based on my 40 years of working for, and much of the time leading, organiations composed of predominantly minority institutions. I wonder whether my generational peers--i.e., those who were among the first generation of CDFIs--have been engaged in similar exercises. I wonder, too, about how generational differences [More]

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