CDFI Connect Community Discussions

Subscribe to CDFI Connect Community Discussions feed CDFI Connect Community Discussions
View RSS Feed from Opportunity Finance Network
Updated: 47 min 51 sec ago

RE: HR Tracking Systems

Fri, 2021-02-19 17:30
From : Communities>>Open Forum
We are just wrapping up our first full year using Fidelity WORKS HRIS. We're fully using some functions and will be implementing more of the platform features in the next year. It's been a big step up from a cobbled together payroll and various manual systems. It's more efficient and gives employees a lot more access to their information and options. Happy to connect you with our CFO if you want to learn more. ------------------------------ Kate Barr President Propel Nonprofits Minneapolis MN 612.278.7182 [More]

HR Tracking Systems

Fri, 2021-02-19 15:29
From : Communities>>Open Forum
We're interested in exploring online HR tracking systems to help manage hiring, employment agreements, PTO, etc.  I would love to hear what people are using and their experiences.  Feel free to respond to this thread or to me directly, tthetford@justinepetersen.org. Thank you kindly! Tamra Thetford Chief Program Officer Justine PETERSEN 314-215-8024 (cell) tthetford@justinepetersen.org ------------------------------ Tamra Thetford Chief Program Officer justine PETERSEN St. Louis MO (314) [More]

RE: Reporting Small Business payment history to credit bureaus

Thu, 2021-02-18 09:44
From : Communities>>Open Forum
Hello Lesli, Credit Builders Alliance is happy to work with nonprofit lenders around the country to help you report your borrowers to the bureaus to build their personal credit history. We work with David on this same thread and many other CDFIs within the network! I'd love to see if we can chat with you and your team about how that process to set up and maintain reporting looks for you and what kind of reporting will help you support your borrowers short and long term.  You can reach me by email [More]

RE: Does your loan fund offer investment opportunities for individuals?

Thu, 2021-02-18 09:08
From : Communities>>Open Forum
Thank you, Pam. Yanki Tshering , Executive Director Accompany Capital (formerly BCNA) 120 Broadway, Suite 230 New York, NY 10271 212-898-4112 phone / 646-365-3194 fax www.accompanycapital.org

RE: Credit Reporting Policy for Small Business Loan Fund

Wed, 2021-02-17 13:36
From : Communities>>Open Forum
Hi Janet, My organization Credit Builders Alliance works with nonprofit lenders to report their loans to the consumer and business bureaus and provides hands-on customer service and technical assistance to CBA Reporter members. https://creditbuildersalliance.org/ I'll also connect with you via email. Best, Brooke Cain Bureau Services Specialist Credit Builders Alliance brooke@creditbuildersalliance.org 202-644-9071 ------------------------------ Brooke Cain Bureau Services Specialist Credit Builders [More]

RE: Reporting Small Business payment history to credit bureaus

Wed, 2021-02-17 10:23
From : Communities>>Open Forum
Hello Leslie,  We do report payment history on the owners' personal credit report.  David ------------------------------ David Castillo Portfolio Manager Prestamos, CDFI, LLC Phoenix AZ (602) 257-6750 ------------------------------

RE: Does your loan fund offer investment opportunities for individuals?

Wed, 2021-02-17 09:24
From : Communities>>Open Forum
As promised, I am pleased to share this briefing on Loan Funds that accept investments from individuals.  You will see 60 Loan Funds listed!  Isn't that amazing?  It has been a pleasure to work on this labor of love for the CDFI field with my fellow members at Social Venture Circle.  We are eager to highlight the great work of CDFIs and showcase opportunities for individuals to put their money to work for impact.  Full disclosure: this represents a snapshot in time, and recognize there will be modifications [More]

Files Attached Document
RE: Does your loan fund offer investment opportunities for individuals?

Reporting Small Business payment history to credit bureaus

Wed, 2021-02-17 09:10
From : Communities>>Open Forum
Hello everyone, Do any of your organizations report small business loan payment histories on the owners' personal credit reports? Since one of our mission goals is to help borrowers become bankable and to build credit, our loan committee is discussing this as one way to help facilitate that. Thank you, Lesli Pintor Growth Partners Arizona ------------------------------ Lesli Pintor Executive Director Growth Partners Arizona Tucson AZ 520.382.9218 ------------------------------

Defining & Mapping Coronavirus Economic Vulnerability in U.S. Neighborhoods

Tue, 2021-02-16 14:28
From : Communities>>Open Forum
Hi Elizabeth I wanted to invite OFN members to an event we are hosting for practitioners, capital providers and business support service providers on ways to identify localized targeted interventions needed and the neighborhoods. Hopefully the members will find the resource-filled session helpful. Please let me know if you need additional details. Thank you very much! - Sonia As r esource and capital providers working to strengthen the local and national entrepreneurship ecosystem, I invite you [More]

RE: NBC News article highlighting CDFIs!

Mon, 2021-02-15 10:22
From : Communities>>Open Forum
Congrats to Opportunity Resource Fund and Christy. How wonderful that you were there to provide needed funds to Mr. Miller and his landscaping business in Port Huron. Great job! ------------------------------ Belinda Turner-DuBois CEED Lending Program Manager Loan Officer CEED Lending-Great Lakes WBC Livonia MI Great Lakes Women's Business Council ------------------------------

NBC News article highlighting CDFIs!

Fri, 2021-02-12 11:29
From : Communities>>Open Forum
We are very excited to share the recent NBC News publication highlighting the amazing work of The Opportunity Resource Fund, WWBIC and The Lift Fund. The Opportunity Resource Fund was able to help Michael Miller, who owns a landscaping business, receive a PPP loan when traditional banks were unable to help. To read more visit: https://www.nbcnews.com/business/business-news/community-development-funds-get-more-support-relieve-minority-businesses-n1257575 ------------------------------ Elizabeth Specht [More]

Senate Appropriations Assignments

Fri, 2021-02-12 11:22
From : Communities>>Open Forum
Good morning,  Today, the Senate Appropriations Committee released their subcommittee assignments for the 117th Congress. The Financial Services and General Government Subcommittee, which has jurisdiction over CDFI Fund appropriations will now be chaired by Senator Chris Van Hollen (D-MD). Senator Cindy Hyde-Smith (R-MS) will serve as Ranking Member. The full roster of the subcommittee is below. OFN looks forward to working with the subcommittee in support of our request for at least $1 billion in [More]

CDFI Rapid Response Program Pre-Application Webinar Scheduled

Thu, 2021-02-11 15:35
From : Communities>>Open Forum
The CDFI Fund has scheduled an informational pre-application webinar for the CDFI Rapid Response Program on Thursday, February 18, 2021. This webinar will cover how your organization can prepare for the application period for the $1.25 billion in emergency grants that was included in the Coronavirus Response and Relief Supplemental Appropriations Act which was signed into law last December.  Please see the information about how to participate in the webinar from the CDFI Fund below. Advance registration [More]

RE: NDC Releases Free Webinar Series For Small Business Owners

Thu, 2021-02-11 10:34
From : Communities>>Open Forum
This is great - thanks for posting! ------------------------------ David Beck Policy Director Self-Help Ventures Fund Durham NC 919 956 4495 david.beck@self-help.org ------------------------------

CA CDFIs: upcoming event for Black small business borrowers interested in e-commerce and how to sell on Amazon.

Wed, 2021-02-10 12:52
From : Communities>>Open Forum
Invite your small business borrowers to join the California Black Chamber of Commerce with Amazon at the Small Business Academy . Amazon Small Business Academy in partnership with The California Black Chamber of Commerce present how to get started selling in Amazon stores. Topics will include the opportunities available selling online, best practices for getting started, and a discussion of all of the resources available to your small business borrowers as they begin their Amazon entrepreneurial [More]

NDC Releases Free Webinar Series For Small Business Owners

Wed, 2021-02-10 11:15
From : Communities>>Open Forum
The National Development Council, a national leader in community and economic development training, has decided to release a training to assist small business owners who have been affected by the pandemic. In addition to increasing the flow of capital to small business owners through the  Paycheck Protection Program ,  New York Forward ,  SBA 7(a) loans , and a variety of other programs , they aim to bridge the information divide that often excludes small business owners. To that end, they are releasing [More]

Join our data and research initiative to promote equity in lending

Tue, 2021-02-09 11:57
From : Communities>>Open Forum
Dear CDFI Colleagues, Thank you to all who attended our webinar on January 26th. We are building a cross-organizational research base to redefine perceptions of risk in lending to women of color business owners. Working with CNote and several CDFIs, the project highlights the important role that CDFIs can play, and already do play, in advancing gender and racial equity in lending. We have already produced some meaningful results and are now looking for new partners and more data to grow the evidence [More]

RE: Member Monday

Tue, 2021-02-09 10:38
From : Communities>>Open Forum
Thank you to OFN and fellow members for your support while we went through our renaming and rebranding process. Liking and sharing our posts reassured us that it was okay to do this during a pandemic! Felt a little hesitant to be going through a rebrand in the middle of a crisis but thankfully some key advisors like our branding consultant Brenda Smith and Associates - please consider working with her, she did a fabulous job for Inclusiv too, which is how I learned about her; Adina Abramowitz who [More]

RE: Member Monday

Mon, 2021-02-08 10:59
From : Communities>>Open Forum
In this week's Member Monday , we would like to highlight the work of Accompany Capital. Accompany Capital (formerly BCNA) creates pathways to self-sufficiency to immigrant and refuge entrepreneurs in NYC by empowering access to affordable credit, financial education and training in best business practices and technology.  Shahin Bhuiyan owner of Eshika Printers & Sign Inc, located in Queen,NY, has served more than 200 regular clients and now has 6 employees. Shanin received $20,000 to cover expenses [More]

RE: City of Asheville NC is looking for a partner to help disburse local housing trust funds

Tue, 2021-02-02 17:27
From : Communities>>Open Forum
...I agree and wholeheartedly support Mountain Housing for this role. Season's Greeting and hopes for a wonderful New Year, Stephanie, Kamryn, Kasia and the EMSDC Board ___________________________________ eagle market streets development corporation Stephanie Swepson Twitty EMSDC, President and CEO 38 South Market St Asheville, NC 28801 Ph: 828.281.1227 Fx: 828.544.8250 https://eaglemarketsts.org/ Equity and inclusion: ...individual and community access to resources and opportunity, not based [More]

Pages