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Updated: 45 min 17 sec ago

RE: DEI Goals

Fri, 2020-07-10 17:57
From : Communities>>Open Forum
Sharon: My colleague Ronaldo Hardy, Chief Diversity Officer, wrote a whitepaper, The   ROI of DEI. It includes measurable goals, the means of measuring and calculations.   The full white paper:  https://www.creditunionstrategicplanning.com/diversity-inclusion   Article in CU Times this week:  https://www.cutimes.com/2020/03/09/the-roi-of-dei/ I hope this is helpful! Best, ------------------------------ Jamie (Chase) Strayer Founder CU Strategic Planning jamie@creditunionstrategicplanning.com (253) [More]

CDFI Client Credit Exposures - Allowance for Loan and Lease Losses

Fri, 2020-07-10 10:07
From : Communities>>Open Forum
With all of the market stress that our client base faces, what are some actions CDFI are taking to evaluate the credit exposures and assessing reserves? ------------------------------ Tim Jung CFO Asian Americans for Equality Community Development Fund New York NY 9082512847 ------------------------------

Research on program evaluation and impact measurement

Thu, 2020-07-09 11:38
From : Communities>>Open Forum
Last December there was a conference call hosted by OFN, CNote, and Carolina Small Business Development Fund about CDFI research and program evaluation. In response to some of the issues on that call,  we started a project to gain a better understanding of how CDFIs engage in program evaluation and impact measurement  (including why there is often a lack of congruence between funder needs and CDFI activities). This research will allow us to gain more insight into the processes and barriers faced [More]

DEI Goals

Thu, 2020-07-09 11:18
From : Communities>>Open Forum
We have been asked to add an organizational goal for 2021 regarding DEI. This would be a measured goal added to other organizational goals which up and determine the CU Annual Bonus Plan. I know the obvious measurement would be using EEO percentages, but this is not the only indicator for DEI. I am curious if any others have a DEI Goal for your organization. If so, do you mind sharing what determinants you have defined for this goal? Thanks for your input! Sharon Sharon Williams, [More]

RE: Long Term Remote Work

Thu, 2020-07-09 10:15
From : Communities>>Open Forum
We have a small staff and, as a Native CDFI, we must adhere to strict tribal regulations regarding distancing, office visits, etc. In our office, each employee is assigned a "duty day" when they are expected to be in the office to handle calls, usher in clients (now by appointment only), and deal with anything that would normally be a "walk-in" situation. They are otherwise free to work from home or from the office, depending on where they feel most productive.  Employees are expected to forward [More]

Equity Audit

Thu, 2020-07-09 09:52
From : Communities>>Open Forum
Good morning, all. My organization is interested in an equity audit, or a process that would review our programs, processes, and org as a whole from an equity lens and help us identify changes necessary to be more equitable.  Do any of you have experience with such a thing, or have suggestions for tools / processes, etc? Thanks, les ------------------------------ Les Roll Mountain Association for Community Economic Development, Inc. Hazard KY (606) 439-0170 ------------------------------

Equity Crowdfunding

Thu, 2020-07-09 09:24
From : Communities>>Open Forum
Good morning good people, A funder/investor in the food space has reached out to me asking about equity crowdfunding campaigns such as SeedInvest, AngelList or WeFunder. (These attract real investors, who get equity stakes in the company, rather than gifts like Kickstarter and IndieGoGo.)  They want to connect with a food company who had experience with an equity crowdfunding platform. Do you know anyone who has applied or raised equity on one of the platforms? In looking at the platforms, it seems [More]

RE: Long Term Remote Work

Thu, 2020-07-09 09:23
From : Communities>>Open Forum
We have some employees who moved out of state that we wanted to retain.  They are provided any equipment that they need and can get reimbursed for paper, printer ink, etc.  We don't screen their workspace per se, but do need them to have secure locations to protect sensitive information.  We reimburse $60 for phone and Internet, I believe.  Because of Covid, there are some staff who would like to see more formalized work-from-home policies as they would like to continue working from home some post-crisis.   [More]

Long Term Remote Work

Wed, 2020-07-08 17:36
From : Communities>>Open Forum
As we are looking ahead, we can see that some form of Remote Work will be in our future. We are trying to see what others have done with staff who work from home full time (or mostly full time). Do you provide all equipment at home, the same as in the office? Docking Station, two monitors, phone headset, etc? If the employee works some days in the office, do they have this same set up at home AND at work? (essentially providing equipment for two workplaces.) Do you require employee to have [More]

RE: How Can CDFIs Participate in Opportunity Zone Program

Wed, 2020-07-08 06:40
From : Communities>>Open Forum
Any case studies? Thanks. ------------------------------ LaSonya Thompson President InterFaith Productions, Inc. New York NY 3479153106 ------------------------------

NCRC suggested CRA reform could generate billions more in annual community development financing

Tue, 2020-07-07 15:44
From : Communities>>Open Forum
Dear Colleagues: Jason Richardson and I co-wrote the below report in which we estimate that NCRC's approach could generate between $15 to $28 billion more in community development financing annually. This is part of the genuine CRA reform that we seek. Click onto the link below A New Approach To Bank Ratings Would Generate Billions More For Neighborhoods Reeling From The Pandemic Best, Josh Silver Josh Silver Senior Advisor, Policy National Community Reinvestment Coalition 202.464.2733 202.628.9800 [More]

Recovery and Resiliency in Ponce Puerto Rico

Tue, 2020-07-07 13:26
From : Communities>>Open Forum
FOR IMMEDIATE RELEASE July 7, 2020 The Valued Advisor Fund has invested $10 million in New Markets Tax Credit funding along with NMTC investments from MBS Urban Initiatives of $6 million and Popular Community Capital's investment of $10 million for a total combined investment of $26 million to support University Venture's development of the Ponce Health Sciences University's (PHSU's) new 130,000 square foot research and academic center with associated health and dental clinics in Ponce, [More]

RE: Tip Tuesday

Tue, 2020-07-07 11:41
From : Communities>>Open Forum
In this week's Tip Tuesday , we will show you how to view all the contributions you have made in your communities. ------------------------------ Elizabeth Specht Member Engagement Associate Opportunity Finance Network Washington (202) 618-6100 ------------------------------

Files Attached Document
RE: Tip Tuesday

Webinar This Week: CDFIs Finance Economic Equity in Your Community

Mon, 2020-07-06 16:42
From : Communities>>Open Forum
Webinar   Now or Never: Create a CDFI to Finance Economic Equity in Your Community Wednesday, July 8th or July 9th, 2020 10:00 am PT/12:00 pm CT/1:00 pm ET This webinar occurs several times. Please register for the date and time that works best for you. Register  here . ------------------------------ Jason Friedman CEO Friedman Associates (319) 341-3556javascript:hl_common_signature.edit('263a6ce8-4cf6-435f-a73e-e46d29930bb4'); jasonj@friedmanassociates.net www.friedmanassociates.net [More]

RE: Member Monday

Mon, 2020-07-06 12:44
From : Communities>>Open Forum
In this week's Member Monday , we would like to highlight the work of the Cooperative Fund of New England and their Relief Loan program.   The Cooperative Fund of New England is offering working capital loans up to $50,000 with initial term of 6 months of deferment and a 0% interest rate for the first 6 months, then 3% fixed. The fund will focus on New England and parts of New York State who are seeing a dramatic loss of customers and revenues as a result of the pandemic. Thank you to all CDFIs [More]

RE: Main Street Lending Program

Thu, 2020-07-02 20:47
From : Communities>>Open Forum
I  couldn't agree more!! It seems, even in times of crisis, our goverment has the mentality, lets get the rich richer & the poor poorer! ------------------------------ Misti Cook Owner Higher Logics Community Contacts (CDFI CONNECT - DO NOT DELETE) Castlewood VA 2762103708 ------------------------------

RE: Main Street Lending Program

Thu, 2020-07-02 19:46
From : Communities>>Open Forum
Meant to say threshold, not cap of 50 employees Brett Doney President & CEO Great Falls Montana Development Authority High Plains Financial Direct Mobile 1-406-750-2119 Untame Your Entrepreneurial Spirit in Great Falls Montana Grow GreatFallsMontana.org Follow us on social media: Facebook | LinkedIn | Instagram | Twitter Connect with me on LinkedIn ! Click here to get the latest regional business news delivered to your inbox with the Great Falls Top Ten! For resources, virtual live meetups, [More]

RE: Main Street Lending Program

Thu, 2020-07-02 19:45
From : Communities>>Open Forum
It's time for the Fed to step up and provide financing for community-based CDFI's. The 50 employee cap is insulting to community development corporations who have worked for decades to create opportunity in our most distressed neighborhoods, communities and people. Brett Doney President & CEO Great Falls Montana Development Authority High Plains Financial Direct Mobile 1-406-750-2119 Untame Your Entrepreneurial Spirit in Great Falls Montana Grow GreatFallsMontana.org Follow us on social media: Facebook [More]

RE: Main Street Lending Program

Thu, 2020-07-02 19:24
From : Communities>>Open Forum
I would like more information please. mistinriley15@gmail.com Thanks! ------------------------------ Misti Cook Owner Higher Logics Community Contacts (CDFI CONNECT - DO NOT DELETE) Castlewood VA 2762103708 ------------------------------

CDFI portfolio managers training program search

Thu, 2020-07-02 12:40
From : Communities>>Open Forum
Hello, Please advise any good online training program for CDFI Portfolio Managers. Thank you Emeric DONGMO Portfolio Manager Southwest Solutions edongmo @swsol.org | www.swsol.org

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