Dec. 30, 2013 – The Community Development Financial Institutions Fund is hosting three free webinars Jan. 8, Jan. 21 and Feb. 5 to help show small and emerging CDFIs how to evaluate their business practices and strengthen their organizations.
These are technical assistance webinars offered as part of the Capacity Building Initiative’s “Strengthening Small and Emerging CDFIs” series between January 2014 and June 2014. The series is focused on overcoming barriers to growth, building effective partnerships, expanding products and geography, and exploring drivers of growth and sustainability.
The three webinars are all set for 1 p.m. Eastern. They include:
- “The Four Stages of CDFI Growth,” Jan. 8 – provides a meaningful organizational development framework, identifies common organizational issues, offers practical solutions to managing growth.
- “Capitalization: Raising Debt and Equity for CDFIs,” Jan. 21 – explores various sources of capital available to CDFIs, shows how to develop a plan to access the sources of capital appropriate for the CDFI.
- “Leading Organizational Change,” Feb. 5 – walks through the steps for leading organizational change successfully, identifying how different types of change may affect the organization.
The remaining webinars will be announced in the near future and will be posted to the “Strengthening Small and Emerging CDFIs” webpage.
CFPB says that as of Dec. 15, there are 808 certified CDFIs, including 434 that were recertified in 2013. The list includes 492 loan funds, 177 credit unions, 76 bank or thrifts, 50 depository institution holding companies, and 13 venture capital funds.
Credit unions with NCUA’s low-income designation are eligible to be certified as CDFIs. NCUA recently reported that 2,002 credit unions have the designation.