* For Investment Area, Low-Income Target Population (LITP), or Other Targeted Population – Persons with Disabilities (OTP – PWD) Target Market types: how can I show that a board member is a staff member of an organization that primarily serves the relevan

When an Applicant proposes an Investment Area, LITP, or OTP – PWD Target Market component, in order to show that a board member is a staff member of an organization that primarily serves the relevant market, the Applicant must provide the following:

1. The name of the board member’s employer.
2. The mission statement of the board member’s employer.
3. A description of how the board member's employment enables them to primarily serve one or more of the following groups:
   • Residents of qualified Investment Area census tracts
   • Low-income individuals
   • Persons with disabilities

For CDFI Certification purposes, a board member is considered Accountable when they are a staff member of a non-affiliated, third-party, community development, mission-driven organization. Applicants should reference FAQ section on “Primary Mission” for the definition of a “community development, mission-driven entity” to ensure applicability.

The mission statement must be provided verbatim as it appears in a governing leadership-approved document.

Applicants must also submit a clear and detailed explanation of the process used to determine that the non-affiliated, third-party, community development, mission-driven entity where the board member is employed primarily serves one of the following:

• Residents of a qualified census tract(s) within the specific geography associated with the Investment Area Target Market or CDFI Certification collective review market component to which the board member is presented as accountable.
• Low-income individuals within the United States, its territories, and/or the District of Columbia.
• Persons with disabilities within the United States, its territories, and/or the District of Columbia.

This description must:

• Clearly identify the service area of the relevant entity;
• Specify the factors and information considered in making the determination; and
• Include the data resulting from the assessment.

The term “primarily” means that the entity as a whole—not just a specific program, department, or employee—must focus at least 51% of its operations on the relevant population within the United States, its territories, and/or the District of Columbia.