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Registration Now Open: "Expanding the Capacity of CDFIs to Serve People with Disabilities" In-Person Training in New Orleans, LA - November 6-7, 2019

Wed, 2019-10-09 17:26
From : Communities>>Open Forum
On behalf of the National Disability Finance Coalition (NDFC) Board and in conjunction with BCT Partners, I'm sharing registration information concerning an important training program sponsored by the Community Development Financial Institutions Fund (CDFI Fund). This is a new Capacity Building Initiative training series for CDFIs interested in expanding their financial services and products to reach individuals with disabilities. The "Access for All: Expanding CDFI Impact in the Disability Community" [More]

11/5/19:

Wed, 2019-10-09 14:45
From : Communities>>Open Forum
On November 5th, Inclusiv and Community Development Bankers Association will host a webinar for CDFI credit unions on Bank Enterprise Award (BEA) deposits.  The CDFI Fund's Bank Enterprise Award (BEA) Program can be a resource for non-member deposits for CDFI credit unions serving distressed communities. The BEA Program helps to build businesses, create jobs, develop affordable housing, and promote homeownership in low-income communities throughout the country. Last year, 18 CDFI banks and 11 CDFI [More]

Seeking OFN Registration Sponsor

Tue, 2019-10-08 16:42
From : Communities>>Open Forum
Hi everyone, We are in our infancy developing a new CDFI. It would be greatly beneficial to attend the upcoming conference. (I attended in Chicago while working for another CDFI.) Is anyone willing sponsor one registration? Or if anyone is unable to attend please let me know. Thanks, Sheree 843-580-1588 Sheree E. Darien Executive Director & Founder Second Chance Community Outreach, Inc. a Division of Second Chance CDFI (Startup CDFI) ------------------------------ [More]

RE: Loan Accounting / Servicing Software - Recommendations?

Tue, 2019-10-08 00:16
From : Communities>>Open Forum
Thanks @Cindy Mittlestadt .  I look forward to seeing you in DC!​ ------------------------------ Caprice Pratt Small Business Lending Outreach / Underwriter Spruce Root, Inc., Southeast Alaska ------------------------------

CDFI Climate Crisis Working Group - kickoff meeting and brief survey

Mon, 2019-10-07 16:01
From : Communities>>Open Forum
As the climate crisis has captured international attention and demands immediate action in all sectors, a new CDFI Working Group on the Climate Crisis has formed to look at incorporating climate crisis considerations in our everyday work, especially as low income, people of color, and vulnerable groups are some of the first impacted. The climate crisis is already requiring a change to our economy and way of life, and the CDFI industry is a natural leader in building and financing equitable and sustainable [More]

RE: CDFI support of tech sector

Mon, 2019-10-07 15:11
From : Communities>>Open Forum
Hi Megan! They are not a CDFI, but I know Jumpstart ( https://www.jumpstartinc.org/ ) has a track record of supporting tech entrepreneurs across Ohio, and have worked with ECDI (big CDFI in Ohio) too. If you want an email introduction, I would be happy to make one! Sophia ------------------------------ Sophia Zisook Regional Manager, North Central Region Kiva Chicago IL 8722562375 ------------------------------

RE: Loan Accounting / Servicing Software - Recommendations?

Mon, 2019-10-07 09:40
From : Communities>>Open Forum
Hi Caprice,  Thank you so much for sharing!  I won't be able to attend OFN this year hopefully I'll be able to meet you in person in the future.  Happy Monday! ------------------------------ Lissette Paukert Program Administrator MCCI Lawrence MA (978) 258-2772 ------------------------------

GRESB

Mon, 2019-10-07 09:13
From : Communities>>Open Forum
Has anyone come across GRESB as a rating for listed real estate's environmental sustainability ratings? I'm wondering if it is seen as independent and legitimate, and if so, if it could be used as a screen/add tool for apply ESG concepts to REITs. GRESB | The ESG Benchmark for Real Assets | ESG Real Estate | ESG Infrastructure - The ESG Benchmark for Real Assets Gresb remove preview GRESB | The ESG Benchmark for Real Assets | ESG Real Estate | ESG Infrastructure - The ESG Benchmark [More]

CDFI support of tech sector

Thu, 2019-10-03 18:20
From : Communities>>Open Forum
Does anyone have resources or stats on how CDFIs have supported the tech sector? (Bonus points for anything specific to the heartland) ------------------------------ Megan Crook Advancement and External Affairs Officer AltCap Kansas City MO 816.216.1851 ------------------------------

Three Key Learnings Central to MACDC's Operations and IT Management

Thu, 2019-10-03 16:00
From : Communities>>Open Forum
Hello Everyone, I was connecting with one of my clients, John Fitterer, Director of Operations at the Massachusetts Association of Community Development Corporations (MACDC), and he shared with me his blog post: Three Key Learnings Central to MACDC's Operations and IT Management .  Figured this could benefit anyone who works in Ops and IT, or beyond. Also he wanted to share how he and his colleague, Hannah Freedman, used technology for automated reporting purposes.  The following reports were built [More]

RE: Loan Accounting / Servicing Software - Recommendations?

Thu, 2019-10-03 14:50
From : Communities>>Open Forum
Caprice: Hello from within the state of Alaska!  We must meet up soon!   I have had an opportunity to utilize multiple systems based on the CDFI need and focus for growth.  I've used three - one is unique to mortgage lending, I've used Laser Pro for small commercial, and in my current capacity I purchased TEA (Commongoals) because of the type of fund we are (equity and debt, and other flexible structures).  It is also capable of serving as a customer relationship tool and has the capacity to manage the [More]

RE: CDFI Research Working Group Call on 10/2 at 2PM EST -

Thu, 2019-10-03 11:48
From : Communities>>Open Forum
Jamie, Lance and Yuliya  Thanks for your leadership on this important need in the CDFI industry.  I was able to listen to part of the conference call and found it very stimulating with lots of good ideas / research topics suggested. I was only on the call for the last 30 minutes so I did not hear the first half of the discussion.  I wanted to offer one comment (apologies if this was raised early on in the call) regarding why and how this effort to collaborate on research is so critical for the CDFI [More]

RE: Consumer vs Commercial Lending

Thu, 2019-10-03 09:55
From : Communities>>Open Forum
Hi Les, It's a great question, and there are certainly a number of considerations if you're thinking about doing consumer lending. A first step, if you haven't already looked into this, is to reach out to the KY Department of Financial Institutions (which also regulates non-bank financial institutions). We also have a couple of other CBA members who are doing similar lending in other states. Shoot me an email at sarah@creditbuildersalliance.org and I can connect you. Best, Sarah ------------------------------ [More]

Lender Roundtable Series: Underwriting for Consumers with No or Poor Credit, Part 2

Thu, 2019-10-03 09:34
From : Communities>>Open Forum
Tuesday, October 15, 2019 1 pm Eastern / 12 pm Central / 11 am Mountain / 10 am Pacific (one hour in length) This webinar will address more in-depth aspects of Capital Good Fund's (CGF) underwriting methodology. You can find Part 1 on  CBA's Training Institute . Part 2 will delve into CGF's underwriting policies and procedures including:  Regulations, Planning for Growth, Staffing Needs, Staff Training, Technology, Automated Credit Pulls, Automated Bank Pulls, Score Cards, Automated Loan Decisioning, [More]

RE: CDFI Research Working Group Call on 10/2 at 2PM EST -

Thu, 2019-10-03 09:17
From : Communities>>Open Forum
Thanks to everyone who joined in on the call yesterday. It was a great discussion and we had large amounts of participation. Over the next few weeks we'll be sending out next steps in terms of a call for next quarter and a followup survey. For now, just wanted to remind/share two things: If you will be at OFN, you are welcome to join your fellow researchers for a informal networking session. Lance will be posting the logistical details here soon! We received a few requests for a recording of the [More]

New Execs in CDFIs

Wed, 2019-10-02 15:29
From : Communities>>Open Forum
Hi folks. I'm fairly new in my role as Executive Director of the Cooperative Fund of New England (started in this role June 1, 2019). I'd love to connect with other new CDFI Executives at this month's OFN conference. If you are interested, please reach out. I plan to attend the $20-100MM CEO networking session on 10/22 at 11:15 am, in case that's convenient. Thanks! Micha ------------------------------ Micha Josephy Executive Director Cooperative Fund of New England MA micha@coopfund.coop ------ [More]

RE: CDFI Research Working Group Call on 10/2 at 2PM EST -

Wed, 2019-10-02 13:13
From : Communities>>Open Forum
Thanks Jamie. I appreciate it. I'll keep thinking about topics that may be relevant. Look forward to meeting you at OFN's Conference. Jeff

RE: CDFI Research Working Group Call on 10/2 at 2PM EST -

Wed, 2019-10-02 13:07
From : Communities>>Open Forum
Hey Jeffrey! We do plan on recording (for note taking purposes only) but unsure yet if the call will be released. We want to promote open discussion and while I know having calls publicly released can sometimes stifle that.  It will depend on the discussions and how sensitive they get - I don't expect anything extremely unusual in that area, but if people had particular pain points regarding research that they may not want publicly released then I do want to have those discussions. So I guess - stay [More]

RE: Looking for registration-only scholarship for OFN conference

Wed, 2019-10-02 12:39
From : Communities>>Open Forum
@Sarah Greenberg  It was so very thoughtful and kind for you to reach out.  I echo  @Vicky Stein 's comments on the CWN community thread - for me this is just further evidence that:  ​​ Most people are kind and thoughtful; That often it just takes an "ask" to receive; Many who are blessed are willing to share those blessings with others! I love this community and am so thankful that my path allowed me to connect with yours.  Thanks for making a great day even better with such an uplifting tidbit! [More]

RE: CDFI Research Working Group Call on 10/2 at 2PM EST -

Wed, 2019-10-02 12:14
From : Communities>>Open Forum
Thank you all for pulling this forum together! I hope to be on the call today.  Some of the research questions we've had here at Meda, but haven't been able to answer, are What are the frameworks for tracking progress of minority entrepreneurs? We know how to track certain things, like revenue growth, employment, retained earnings, etc., but what about other aspects of entrepreneurship? How do we track progress toward management expertise? How do we track that they are gaining knowledge that they [More]

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