In Case You Missed It ...

The CDFI Friday panel on November 13 explored "Creating Community Wealth Through Community-Controlled Investment." 

The talk was tailored to members and supporters of the Coalition, a nonprofit association that provides advocacy and resources for New York’s community development financial institutions.

The 2020 #CDFI Fridays series is sponsored by JP Morgan Chase, M&T Bank, Wells Fargo, Amalgamated Bank, BNB, Capital One, Citizens Bank, Community Preservation Corporation, Hanover Bank, Ponce Bank, TD Bank, Valley and Woodforest National Bank.

NYS CDFI Assistance Program
Applications Due January 6 by 3:00 p.m.

On Friday afternoon, Empire State Development released the Notice of Funding Availability for  NYS certified Community Development Financial Institutions that make loans to small businesses. Additional information is available on the New York State Contract Reporter, here. 

Up to $1,495,000 in grant support is available to to certified Community Development Financial Institutions that make loans to small businesses. The purpose of ESD’s Community Development Financial Institution (CDFI) Assistance Program (the “Program”) is to strengthen and expand the capacity, products, and services of certified CDFIs’ lending programs for small businesses and/or minority and women business enterprises (collectively “M/WBEs”) throughout New York State.

Due Date: 01/6/2021 3:00 PM
On or before January 6, 2021 at 3 pm EST. Applications must be emailed by this date and time. Late applications cannot be accepted
Contract term: 1 year
County(ies): All NYS counties
Location: Throughout NYS
Contact CDFI22RFA@esd.ny.gov with any questions

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.)

Board Members and For-Profit Associate Members will receive an invoice - watch your inbox!