The Capacity Building Initiative will help the CDFI Fund achieve its mission by ensuring CDFIs have the capacity to meet the needs in their communities.
The CDFI Fund’s
Building Native CDFIs’ Sustainability and Impact series, provided by NeighborWorks America in partnership with Seven Sisters Community Development Group, will provide a wide range of specialized training, technical assistance, and peer learning opportunities designed to meet the unique needs of Native CDFIs at all stages of growth. Multifaceted group training and individualized technical assistance will be tailored to meet the specific needs of each participating Native CDFI. Examples of assistance that can be provided include developing lending policies and procedures; improving compliance practices; strengthening board governance practices; pursuing expansion strategies; or exploring capitalization strategies such as loan portfolio sales or how to participate in New Markets Tax Credit financing deals.
The series will include:
Training: In-person training will be provided for certified Native CDFIs and emerging CDFIs on a case-by-case basis. More details about training topics will be provided in the near future.
Technical Assistance: Technical assistance will be available to organizations that participate in the in-person training sessions. Specific guidelines for the technical assistance component of this series are currently under development.
Training and technical assistance opportunities will be made available to all certified Native CDFIs. Emerging Native CDFIs are eligible to participate on a case-by-case basis, with more information to be provided in the near future.
| Is a CDFI Credit Union Right for Your Native Community?|| Thursday, November 19, 2015 at 4:00 p.m. ET || Participants will learn what makes a credit union unique and hear about key considerations to assist with their decision making process. The webinar will provide an overview of the start-up process, focusing on common challenges, resources, and how a credit union might impact the operations of an existing CDFI loan fund serving the Native community. Throughout the webinar, representatives from two Native credit unions – Lakota Federal Credit Union and Northern Eagle Federal Credit Union – will share their experiences and perspectives. Representatives of the National Credit Union Administration will also be available to assist with questions. ||
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