As Communications Director for the Finance Fund, I’ll be adding some posts and commentary to our blog alongside of Jim Klein, our Executive Director.
Jim was recently selected to sit on the Board of Directors for the CDFI Coalition, a national organization representing community development institutions across the country. These institutions are certified CDFIs by the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund.
The CDFI Coalition is the unified national voice of community development financial institutions (CDFIs). Their mission is to encourage fair access to financial resources for America’s underserved people and communities. Nationwide, over 1000 CDFIs serve economically distressed communities by providing credit, capital and financial services that are often unavailable from mainstream financial institutions. CDFIs have loaned and invested billions in our nation’s most distressed communities and leveraged billions more from the private sector. The CDFI Coalition advocates on behalf of the CDFI industry and educates the public about community development finance. The CDFI Coalition is a primary source of information and knowledge about the CDFI field for the general public, the media, public officials, and private sector lenders.
“I am honored to join this growing Board of Directors as a representative of Finance Fund.’ he said. “This collaboration of like-minded organizations from across the nation is poised to handle some of the toughest issues facing our communities today. The government is continuing to show its support of CDFIs by funneling stimulus dollars our way and looking to us for help with the economic challenges hitting our urban and rural neighborhoods.”
Well said, and congrats, Jim.
Tags: CDFI, collaboration, communities, Community Development Entities, Community Development Finance Institution, economic challenges, Finance Fund, neighborhoods
