The CDFI Coverage Map reached a major milestone in 2016: more than 100,000 loans are now represented from 170+ OFN Members, Allies, and partner CDFIs. In 2017, we will continue our push for greater coverage, both in number and area, so we can continue to demonstrate the CDFI impact in our outreach with policymakers.
Our achievement was made possible by making it easier than ever to participate in the CDFI Coverage Map. For the first time, we pushed universally for OFN Members and Allies to submit CDFI Fund Transaction Level Report data, or TLR, as the primary submission option. By accepting both the TLR submission and the original loan template, we can quickly, accurately, and securely collect and upload new loans for display on the Coverage Map. In 2017, we are continuing this approach and informing all OFN partners and allies of this streamlined process.
The CDFI Coverage Map has proven to be one of the most successful tools we use to advocate on behalf of the CDFI industry. To continue supporting this important effort in 2017, we are focusing on improving nationwide coverage, specifically in the West, Midwest, and South. In addition, we seek to add New Markets Tax Credit projects to include a more comprehensive set of community investments from CDFIs and their affiliates.
Advocacy Day is fast approaching, and we want you to join the Coverage Map! OFN Members, Allies, and partner CDFIs are all encouraged to help illustrate the collective impact of our industry. To participate, either email your CDFI’s most recent TLR or completed loan template.