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.

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.