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Vol. 5 - Issue 1

All Hands: Friday, January 19 - Noon on Zoom
Changes to CDFI Certification

In December, the US Dept. of Treasury’s CDFI Fund released a revised CDFI Certification Application. Substantial modifications have been made to the Basic Information, Legal Entity, Primary Mission, Financing Entity, Target Market, Development Services, and Accountability sections of the application.

What does this mean for NYS CDFIs – existing or emerging?

Join us this Friday, January 19, for our first All Hands Zoom of 2024 as we welcome Amy Szabo, Chief Client Services Officer, Friedman Associates to provide an overview and answer your questions. Based in Iowa, F|A helps build and grow remarkably successful Community Development Financial Institutions to finance a more inclusive and equitable economy.

Amy has experience as a Development Director in building fund development, compliance, and organizational development capacity for a large CDFI; and has authored more than $50 million in successful grant proposals to the CDFI Fund, SBA, EDA, USDA and HHS.

We're still using the Zoom link from last year, so if All Hands is already on your calendar, you're all set! If not, please use this link to register: https://us06web.zoom.us/meeting/register/tZAvf-ihrDooHtAooK6dLASgJfMqgir9Ijcp

We'll hope to see you at noon on Friday 1/19 - all hands on deck!

RSVP for ALL HANDS Today!

Watch your inbox in the next few days!

NYS CDFIs: Making it Possible
2024 Conference in Albany

In late March (exact date TBA), Community Development leaders from across New York State will gather in Albany for our 2024 conference, titled NYS CDFIs: Making it Possible. Our Keynote Event will be a conversation with the team behind another highly-anticipated publication, titled “What’s Possible: Investing Now for Prosperous, Sustainable Neighborhoods.”

Published by Enterprise Community Partners, the Local Initiatives Support Corporation (LISC), and the Federal Reserve Bank of New York, this book will be the seminal text on community development and climate change. It features the expertise of 30 leading climate and community development experts who lay out the challenges communities of color and low-income communities face on the frontlines of climate change – and what can be done to fortify those communities. Funded by the Wells Fargo Foundation, the book will be available in early 2024.

Tickets will be available on our website starting February 1, with discounts for Coalition members and their colleagues.

Watch for the date confirmation and more info coming soon!

Inclusiv Posts Job Openings in NYC Office

Climate Finance Training Director
Inclusiv seeks a passionate, dynamic, experienced professional with background in clean and green energy solutions, climate finance, and adult learning to lead the Climate Finance Training program at Inclusiv’s Center for Resiliency and Clean Energy. The Director will develop and advise on in-person and online training curriculum for lenders, engage community lending professionals in a learning network, and support and guide the implementation of green lending programs.

Loan Participation Officer
Inclusiv is seeking a dynamic, mission-driven, and experienced lending professional to drive the growth of its loan participation program and support the capacity of Inclusiv members to build and grow their small business and clean energy lending operations. The ideal candidate will have consumer lending experience and a background in small business lending or technical assistance to small businesses. The Loan Participation Officer will be responsible for reviewing loan underwriting and ensuring loan participation activities meet established guidelines, crafting syndication deals, and supporting participation closings.

For more information about these and other positions, visit their website.

Thank you to our members!

It's time to renew your membership or join the Coalition for 2024!

The NYS CDFI Coalition is accepting membership applications and renewals 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.)

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

Colleen M. Ryan
Consulting Executive Director
NYS CDFI Coalition

PS: Do you need to pay from an invoice? Let me know and I'll send one.

Review previous issues of "New Developments" in the Archive.

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.

Copyright © 2024 New York State CDFI Coalition, All rights reserved.

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