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Vol. 2 - Issue 18
REMINDER - The deadline is Friday, 7/30 to submit your Rapid Response
Program Award Assistance Agreement to the CDFI Fund. More info here.
Did you miss the first All Hands meeting? Here's a 5-minute supercut! 

In Case You Missed It ... 
ALL HANDS is a new resource for NYS CDFI Coalition Members

During the pandemic, the NYS CDFI Coalition board got into a cadence of meeting by Zoom once a week at lunchtime.

These Friday Noon Zooms gave CDFI executives from across the state the chance to compare notes, express frustration, and collaborate on some of the biggest challenges of their careers.

At least one of them has noted that membership in the CDFI Coalition was a lot cheaper than therapy!

We thought it would be a good idea to extend this opportunity to our members, and convene a meeting every other month, where we could share business updates; celebrate milestones and the people who made them possible; and give everyone a chance to ask questions.

What would YOU like to talk about? Funding and financing? Best practices? Legislative issues? Products or services for CDFIs? Special events or job postings like those below? Please take this short survey and let us know!

Not sure if you're a member? Check your membership status here! 

If you signed up for the July 16 meeting, you're pre-registered for upcoming meetings. If you're a NYS CDFI Coalition member and you haven't registered, sign up here!
  • Loan Underwriter 
    Under the Director of Lending’s guidance, the Loan Underwriter is responsible for reviewing financial data, assessing credit risk, and structuring transactions working in conjunction with the organization’s Lending Team. Full job description.
  • Staff Accountant 
    The Staff Accountant will have a broad range of financial and administrative responsibilities providing accounting and financial support to the Finance Director and the Executive Director. Full job description.
For more information visit leviticusfund.org/about/.

Congratulations to NYS CDFI Coalition Member on 5 Years of B Corp Awards!

 
From their recent email:

When we became the first bank to headquarter in The Bronx in decades, we came in with one mission: to put our community first. We recognized a long history of financial institutions extracting wealth instead of benefitting the communities they do business in. We were determined to change that narrative. Becoming a B Corp -- the first B Corp bank in New York City -- was a logical step in that journey.

Certified B Corporations are businesses that meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose.

Every year, the B Corp community recognizes the top-performing B Corps creating the greatest impact through their businesses. These B Corps are named Best for the World.

For us, this award in the Customer and Governance categories recognizes that we work every day to create financial inclusion for all of us.

We are grateful to the B Corp community for this recognition five years in a row and, most of all, to you, our customers, employees, partners, and friends who love New York City just as much as we do. Thank you!

For the Financial Inclusion of New York City,
The Team at spring bank

 

RSVP for the next 
NYS CDFI Investor Club - CDFI Friday, August 6


We're looking forward to the next informational webinar about the NYS CDFI Investor Club with our partner, Impact Finance Center, on Friday, August 6. This event is a little bit different as we welcome the dean of CDFIs (he literally wrote the book on them!) - Cliff Rosenthal. He'll talk about the history and future of CDFIs and our vital role in strengthening communities. 

The event will also feature a NYS CDFI in conversation with one of their investors. They'll illustrate how CDFIs are a powerful investment, delivering social impact and financial return! Watch for details next week!

These monthly programs are a great opportunity for our members to highlight the work they're doing in front of an audience of prospective investors - those who watch in real time, as well as those who participate in Impact Finance Center's Impact Investing Institute. The non-profit Institute identifies, trains, and activates individuals and organizations to become impact investors, helping them better align their assets with their values. They are working to move more money to social ventures by creating the infrastructure for a Nationwide Impact Investing Marketplace by 2030 - and NYS CDFI Coalition members are on the list! 

Your support of the NYS CDFI Coalition helps us explore new ways of attracting capital to our members, and we're excited about some early interest from investors. We hope you'll RSVP for our next event on Friday, August 6. 

If you have questions, drop me a line!

Be well,

Colleen M. Ryan
NYS CDFI Coalition

 

If  the information above is valuable to you, please renew your membership or become a member!

Not sure if your membership is current? Visit our website - if your CDFI is listed in bold - you've paid your dues for 2021. If you have an asterisk* but not bold, you paid in 2020 but not yet this year. If you're not linked at all, we hope you'll join your colleagues from across the state! 

The NYS CDFI Coalition is now accepting 2021 membership renewals and applications on our website for your convenience. Please consider lending your support to the NYS CDFI Coalition as a Certified CDFI, Emerging CDFI, or Non-Profit Associate Member (Advocate, Community Organization, University.)

ALSO - we invite Coalition members to submit updates you would like to share with our statewide audience. These include job postings, Events,  Success Stories or Guest Posts for consideration. Thank you for all you do! 
Our Mission

Our mission is to position CDFIs as the most effective strategy and policy tool to address issues of financial inclusion, housing access and economic opportunity in New York State. Please visit our website to learn more.
 
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