CDFI Sustainability
Breakout Sessions

CDFI Sustainability Sponsor

Collaboration Led to Increased Capacity and Innovative Affordable Housing Models

Place-based collaboration tackling a local challenge can lead to new capital sources, stronger balance sheets, increased organizational capacity to expand reach or improve delivery of service, and innovation at scale. We’ll hear from three CDFI place-based collaboratives about how they are working together on innovative models to help people remain stably housed, as well as addressing housing affordability−both of which have been exacerbated by the pandemic.

Speakers:
Calvin Holmes, President, Chicago Community Loan Fund
Linda McMahon, President and CEO, The Real Estate Council
Andreanecia Morris, Executive Director, HousingNOLA
Mercedeh Mortazavi, Vice President, JPMorgan Chase Foundation

Economic Mobility Corps: Partnering for Economic Opportunity

A joint initiative of the CDFI Fund and AmeriCorps, the Economic Mobility Corps (EMC) places national service members at Certified CDFIs to enhance their capacity to provide financial literacy and financial counseling activities in distressed and underserved areas. EMC members will be placed in Certified CDFIs for a two-year term of service and perform a range of financial counseling and literacy activities. This session provides attendees with an opportunity to learn about EMC and how to apply for grant funding for this newly launched initiative, which is currently open for applications through January 6, 2021. Individual CDFIs and those that support a network of CDFIs can apply to participate in EMC.

Speakers:
Jennifer Bastress Tahmasebi, Deputy Director, AmeriCorps, State and National,
Corporation for National and Community Service

Amanda Blondeau, Chief Strategy Officer, Northern Initiatives
Jason Boehlert, LEA Program Manager, CDFI Fund
Stacey Grant, AmeriCorps Program Director, Local Initiatives Support Corporation

Increasing Efficiency and Sustainability through Mergers

Efficiencies of scale. Leveraging capacity and balance sheet. Geographic expansion. New lending products, programs, or sectors. Join this session to discover what motivated two CDFI mergers; hear about issues the parties have encountered; and learn from their experiences. What might your organization gain by merging with a peer CDFI? What special value would your CDFI bring to such a collaboration? What might you seek from others? Panelists will share how they assessed options, why they chose to join forces, and how it is going to date.

Speakers:
Adina Abramowitz, President, Consulting for Change
Kate Barr, President and CEO, Propel Nonprofits
Daniel Betancourt, President and CEO, Community First Fund
Luis Mora, Founder; President and CEO (Retired), FINANTA

Moving Beyond Good Intentions: Equitable Procurement

Supplier diversity can be a great tool to deliver dollars to small businesses. Banks, CDFIs, and other financial institutions have an opportunity to use equitable procurement, through their own spending or by preparing businesses for others' contracts. This session will be an honest dialogue on the challenges and best practices of creating internal procurement practices and behaviors and supporting small businesses in landing contract opportunities in a market that oftentimes rewards size and scope. In this session, we will discuss ways to introduce supplier diversity and related topics to internal staff, how to encourage different buying behavior internally and with partners, providing technical assistance to small businesses, tracking progress, and more.

Speakers:
Relesha Billups, Business Initiatives Consultant, Wells Fargo
Robyn Hamilton, Manager Supplier Diversity and Inclusion, Self-Help
Richard Morris, Program Manager, Main Street Launch
Kevin J. Price, President and CEO, NC Institute of Minority Economic Development
(The Institute)

Purposeful and Powerful Partnerships: The Key to Navigating a Global Crisis

Navigating the uncharted terrain of an evolving global pandemic requires collaboration. Hear how four uniquely different organizations in Georgia are collectively leveraging their respective strengths and geographic positions to expand impact, mitigate risks, increase capacity, and pave a path toward recovery for small businesses. Women-, minority-, and low-income-owned businesses are particularly at risk. With racial equity at the core and mutual goals to bring comprehensive solutions to bear for hard hit vulnerable populations and business sectors, rural and urban CDFIs formed powerful partnerships using national, regional, and localized lenses to ensure small businesses have the resources needed to survive, recover, and thrive as they battle this global pandemic.

Speakers:
Martina Edwards, Chief of Strategic Partnerships, Access to
Capital for Entrepreneurs (ACE)

Thelma Johnson, President and CEO, Albany Community
Together, Inc. (ACT!)

LaTresa McLawhorn Ryan, Executive Director, Atlanta Wealth Building Initiative
Dale Royal, Executive Director, Local Initiatives Support Corporation

Trauma and Lending: Managing Teams through Complex and Circumstantial Trauma

CDFIs’ continue to be on the frontlines of multiple pandemics impacting those we aim to serve. Additionally, many CDFIs face annual environmental crises including more intense hurricanes, tornados, floods, and fires. The mix of the complex and circumstantial traumas takes its toll not only on our clients but on our staff as well. Join Working Solutions CDFI, based in the San Francisco Bay Area, to discuss their support for staff trying to manage the impacts of complex traumas caused by institutional racism and its impact on access to capital, as well as circumstantial trauma caused by natural disasters including intense fires and floods. Working Solutions will be joined by a trained psychotherapist to define the various traumas and best practices to work spaces for best impact.

Speakers:
Jillian Goldstein, Psychotherapist, Kaiser Permanente
Titi Ikhile, Director of Lending and Consulting, Working Solutions
Sara Razavi, CEO, Working Solutions

Unpredictable Rapid Growth During COVID: A CDFI Executive Panel Discussion

Planning for natural growth within an organization is common practice. In these unprecedented times, no one could have forecasted the rapid growth experienced by three CDFIs: DreamSpring, AltCap, and Accion-Serving Illinois and Indiana. We will share how our traditional growth forecasting methods needed to be reworked or abandoned altogether, taking into account the economy, new investments, and the business climate. From repurposing and retraining staff to updating and building technology, we will examine and share the critical and time-sensitive pivots that had to be made in order to meet the need and fulfill our missions.

Speakers:
Ruben Alonso III, President, AltCap
Anne Haines, President and CEO, DreamSpring
Brad McConnell, CEO, Accion Serving Illinois and Indiana
Brad Woodward, Director of Marketing and Communications, DreamSpring