Category: Community Development Finance

Resource Category Topic Type
The Potential Role For CDFIs in the Opportunity Zones of the Investing in Opportunities Act (IIOA)
The Opportunity Zones legislation was designed to mobilize new levels of capital into low- and moderate-income (LMI) communities – areas that have historically been overlooked and underserved by mainstream capital markets. As longstanding financial partners to LMI communities, Community Development Financial Institutions (CDFIs), it would seem, are positioned to play a pivotal role in the Opportunity Zones ecosystem. Yet the legislation presents a challenge on that front.
Center for Impact Finance Community Development Finance Publication
Capital Markets, CDFIs, and Organizational Credit Risk
Can Community Development Financial Institutions (CDFIs) get unlimited amounts of low cost, unsecured, short- and long-term funding from the capital markets based on their organizational credit risk? Can they get pricing, flexibility, and procedural parity with for-profit corporations of equivalent credit risk?
Center for Impact Finance Community Development Finance, Economic Development Publication
Carsey Perspectives: Innovative Financing for Community Businesses
Business owners seeking to start or expand a small business have limited options for financing. They can go to a bank for a loan, but they may have trouble qualifying for the loan due to the age of the business, absence of collateral, lack of equity in the business, thin margins, or other factors. While online business lenders may offer faster response times and lower underwriting hurdles, they often do so in exchange for exorbitant rates and reduced ability to customize their financing or add broader value to the business beyond the money. Business owners could try going to venture capitalists for equity, but venture capitalists and angel investors will demand some control over the company and need an exit strategy, generally requiring that the company be sold. The company might also not have a fast enough growth curve to interest a venture capitalist. Raising money through a crowdfunding platform, such as Kickstarter, is another option. But until recently, crowdfunding has been limited to raising donations, not investments, through such strategies.
Center for Impact Finance Community Development Finance, Income Publication
CDFI Industry Analysis: Summary Report
The Carsey Institute, under contract to NeighborWorks® America and the U.S. Department of Treasury's Community Development Financial Institutions (CDFI) Fund, conducted a detailed analysis of a large sample of community development financial institutions (CDFIs) on issues of capitalization, liquidity and portfolio, and risk management by CDFIs from 2005 to 2010. This work is part of the CDFI Fund's Capacity Building Initiative. The purpose of the report is to explore issues of capital¬ization, liquidity, and portfolio and risk management by CDFIs.
Center for Impact Finance Community Development Finance Publication
CDFIs and Online Business Lending
In March 2015, the Center for Impact Finance at the Carsey School of Public Policy at the University of New Hampshire convened the 16th Annual Financial Innovations Roundtable at the Federal Reserve Board in Washington, DC.
Center for Impact Finance Community Development Finance Publication
CDFIs Stepping into the Breach: An Impact Evaluation
In CDFIs Stepping Into the Breach: An Impact Evaluation Summary Report, published with the U.S. Treasury Department's Community Development Financial Institutions Fund, authors Michael Swack, Eric Hangen and Jack Northrup analyze the impact of financial assistance awards and recipients of the Community Development Financial Institutions (CDFI) Program.
Center for Impact Finance Community Development Finance Publication
Child Care Costs Exceed 10 Percent of Family Income for One in Four Families
Access to quality, affordable child care is critical for American working families, and it is a major focus of efforts to bring about more family-friendly workplaces. In this brief, we analyze families’ child care expenses and identify, among families with young children (under age 6) who pay for child care, the share that are “cost burdened,” defined here as spending more than 10 percent of their gross income on child care. Using data from the 2012–2016 Current Population Survey, we present our findings by number of children; age of youngest child; parental characteristics; family income measures; and U.S. region, metropolitan status, and state. Unless otherwise noted, families include only those with children under age 6 who had any child care costs in the previous year.
Vulnerable Families Research Program Child Care, Community Development Finance, Family Publication
Financial Innovations Roundtable: Developing Practical Solutions to Scale up Integrated Community Development Strategies
Essays from national experts affiliated with the “think-do” tank , the Financial Innovations Roundtable, housed at the Carsey Institute at the University of New Hampshire.
Center for Impact Finance Community Development Finance Publication
Promise and Responsibility of Community Finance, The
Community development finance has played an important role in community revitalization over the past 30 years and may be even more important in the current financial climate. But today community development finance institutions (CDFIs), as well as many community banks and credit unions face significant funding stress. This brief highlights the importance of refocusing support of CDFIs to sustain and rebuild health communities across the United States.
Center for Impact Finance Community Development Finance Publication
Scaling U.S. Community Investing
Scaling U.S. Community Investing: The Investor-Product Interface, an in-depth landscape study of the U.S. Community Investing (USCI) field. The full report includes a detailed analysis of the major types of USCI products, parameters that different investors use to evaluate investment opportunities, and the barriers and opportunities to increasing investment.
Center for Impact Finance Community Development Finance Publication
The Impact of Financial Products and Services on Quality of Life
http://ncif.org/sites/default/files/free-publications/The%20Impact%20of%20Fin%20Products%20and%20Services%20on%20QOL%20-%20Secured.pdf
Center for Impact Finance Community Development Finance Publication