Financial Intelligence

The Evolution of CDFIs and Their Growing Partnership Opportunity with the FHLBNY

Presented by: Cliff Rosenthal, Author and Founder of National CDFI Coalition, and Daniel Randall, Community Investment Officer, FHLBNY

Audience: CDFI Loan Funds, CDFI Banks, CDFI Credit Unions, CDFI Members, and Non-member CDFIs

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In the session, we discussed the growing partnership between CDFIs and the Federal Home Loan Bank of New York. Our special guest presenter, Clifford Rosenthal, has served in the CDFI movement’s leadership for over two decades, was the first director of the Office of Financial Empowerment of the Consumer Financial Protection Bureau, and is the author of Democratizing Finance: Origins of the Community Development Financial Institutions Movement. Additionally, Daniel Randall, Community Investment Officer of the Federal Home Loan Bank of New York, will provide insights on and opportunities for CDFI members of the FHLBNY, including the FHLBNY’s Affordable Housing Program, the Homebuyer Dream Program® and more.

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