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Vol. 3 - Issue 7
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"Making Change: DEI for NYS CDFIs" 

Friday, 4/22 and Friday 5/6 - From Noon to 1 p.m. 
Thanks to everyone who joined us! 

Did you miss the discussion of why CDFIs, urban planners, employers and others formed the Equitable Commute Project (ECP) to bring micromobility to more New Yorkers?

You can watch it on our YouTube channel with the link above!  


The New York State CDFI Coalition hosted a free webinar featuring a welcome from Leah Golby, President of the NYS Bicycling Coalition, and presentations from Marianna Koval, Director, Invest NYC SDG | Center for Sustainable Business, NYU Stern School of Business; and Melanie Stern, NYS CDFI Coalition board member and Director of Consumer Lending for Spring Bank, the funding partner of ECP with “E-Bike Loan NYC." They were joined by Jared Rodriguez, Principal, Emergent Urban Concepts, a planner based in the Hudson Valley 
and Solomon Smart, Program Director, BronxWorks, for a roundtable discussion on how to make micromobility accessible to those who need it now and to address fundamental injustices in transportation.

Spring Bank and the Equitable Commute Project are happy to share their model that can be replicated around the state. The ECP is helping essential workers and others purchase e-bikes with innovative low-cost, no credit score financing from Spring Bank. And they're including a workforce development component to prepare New Yorkers for jobs in the micromobility industry.

ECP launched its pilot program in December 2021, matching 15 lower-income essential workers with subsidized e-bikes in the Bronx. The project is a finalist in NYSERDA’s Electric Mobility Challenge for underserved communities, and ECP hopes to be able to demonstrate replicability outside of New York City. 

Please watch the video above to find out how your community can use their model to connect more people to reliable, affordable, and sustainable transportation. 
Making Change: DEI for NYS CDFIs
Friday, April 22 and Friday, May 6
12 noon to 1:00 p.m.

CDFIs across New York State acknowledge the important roles our institutions play at the intersection of racial and economic equity. ​We are committed to using our collective power to support racial and economic justice as part of the movement to create a more vibrant, healthy, and fair society for all. 

With more than 80 CDFIs in New York State, we know there will be no one-size-fits-all solution to enhancing Diversity, Equity and Inclusion (DEI) in our institutions. 

Join us on Friday, April 22 and Friday, May 6, as we welcome Jennifer Rutledge, Principal of Delphi Consultants, to review and examine the results of the survey we conducted late last year.

Following these two workshops, Jennifer will join us on our next "All Hands" Zoom on Friday, May 20, to discuss next steps.

RSVP today! bit.ly/nyscdfis-making-change

We're grateful to US Bank for their support for this initiative. 

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.
 
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New York State Community Development Financial Institutions Coalition
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