Across the country, CDFIs are fulfilling their roles as “financial first responders” and working to meet a higher than ever demand for capital. At the same time, a tightening capital environment has limited CDFIs’ capacity to meet that demand, while high interest rates have increased costs for CDFI borrowers.
Join this session to learn how OFN and CDFI leaders are elevating these issues with policymakers at the state, local, and federal levels, emphasizing the impact on under-resourced communities and the need for policy support to respond to the unprecedented capital environment faced by CDFIs and their borrowers. Panelists will discuss potential policy responses from Washington, highlight successful initiatives at the state level, and share how CDFIs can engage with this important work.
Opportunity Finance Network (OFN) hosted this session as part of its virtual CONNECT+ Forum on March 19, 2024.