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Vol. I - Issue 21

2020 NYS CDFI Conference Series 

Instead of rescheduling our 11th annual CDFI Conference that we postponed in March, we're hosting a series of webinars and panel discussions called #CDFIFridays - and the last one is next month!

If you've already purchased a ticket for the conference - please be on the lookout for the invitation email we'll send early next month with the Zoom credentials. 

Don't have a ticket? Don't worry - you can sign up for just this event (scroll down and select "A LA CARTE" on the ticket options list). 

We'll hope to see you on Friday, December 11! 


In Case You Missed It ...

The CDFI Friday panel on November 13 explored "Creating Community Wealth Through Community-Controlled Investment." Watch the video of the panel to learn about:

  • Community Control of Capital: An Emerging Model
    • Discussing experimentation with new models of community development. Community-controlled investment funds: Oakland’s East Bay Permanent Real Estate Cooperative (EBPREC) and Boston Ujima Project as examples.
  • Engaging with the Emerging Model: Application in the Capital District
    • Describe Buy the Block initiative in the Capital District as local example of emerging model.
  • The Original Intent of CDFI’s: An assessment
    • Federal law definition of CDFIs, the goals of the model, and challenges in meeting these goals
  • CDFIs and Buy the Block: connecting CDFIs & Banks to the emerging model
    • Discuss potential role of CDFIs in community control of capital initiatives such as this one. Finally, discuss how such initiatives can provide CRA credit for banks through partnerships with CDFIs and/or community-controlled investment funds.

The talk was tailored to members and supporters of the Coalition, a nonprofit association that provides advocacy and resources for New York’s community development financial institutions.

The 2020 #CDFI Fridays series is sponsored by JP Morgan Chase, M&T Bank, Wells Fargo, Amalgamated Bank, BNB, Capital One, Citizens Bank, Community Preservation Corporation, Hanover Bank, Ponce Bank, TD Bank, Valley and Woodforest National Bank.

You can watch the video with the link above, and be sure to sign up for our next webinar to be a part of the conversation! 


Inclusiv has an immediate job opening for a CU Operations and Compliance Support Specialist. This position will report to the Director of CU Operations and Compliance. The CU Operations and Compliance Support Specialist will assist with the day-to-day operations and compliance support needs for credit unions and stay current with credit union compliance requirements. The Specialist will be knowledgeable and conduct a range of member services included but not limited to technical assistance, education and compliance training, business development, CU operations, and accounting support services to Inclusiv member credit unions. These services will be provided on-site or off-site. In addition, the CU Operations and Compliance Support Specialist will maintain a Help Desk to provide support to member CDCUs over the phone. Full job description here. 

The New York City office of the Local Initiatives Support Corporation (LISC NYC) seeks a professional to fill the position of Senior Community Development Officer for Economic Development. This position reports to the LISC NYC Director of Lending and works closely with the Director of External Affairs. The Senior Community Development Officer for Economic Development will be responsible for all aspects of LISC NYC’s economic development lending and investing including building a pipeline of real estate projects that foster inclusive economic development and supporting the development of new programs, initiatives, and partnerships to provide financing for small businesses. The Senior Community Development Officer will provide technical assistance and financing to LISC NYC’s nonprofit partners and other mission-aligned partners to develop projects that will ensure their neighborhoods have critical jobs, services and community assets to complement housing. Full job description here. 

CDFIs in the News

Business Center for New Americans (BCNA), a leading New York City CDFI and Small Business Administration certified Micro and Community Advantage lender, announced today that it is rebranding as Accompany Capital. The name change reflects the company's broader commitment to support clients not only with affordable capital but also with ongoing access to business training, one-on-one counseling and technical assistance. Accompany Capital's founder and executive director, Yanki Tshering, serves on the board of the NYS CDFI Coalition. Read more

It's an Honor

The Albany Business Review’s Achievers Awards for 2020 honor the outstanding businesses and business leaders who have been Changemakers in the Capital Region. The 2020 honorees include The Community Loan Fund of the Capital Region. The fund's executive director, Linda MacFarlane, is the Chair of the Board of the NYS CDFI Coalition. Read more.

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.
New York State Community Development Financial Institutions Coalition
Copyright © 2020 New York State CDFI Coalition, All rights reserved.

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