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Connecting Communities-How CDFIs are faring – Insights from the Fed’s 2023 CDFI Survey
September 7 @ 2:00 pm - 3:00 pm CDT
Join us for a virtual event, How CDFIs are faring – Insights from the Fed’s 2023 CDFI Survey
Participation is free for this Connecting Communities webinar, but registration is required.
Community Development Financial Institutions (CDFIs) provide financial products and services to underserved markets where it may be difficult to access what traditional financial institutions offer. Every other year, the Fed conducts a survey of CDFIs to better understand the barriers and opportunities they face. This year’s survey sought input on a variety of topics that range from demand for products and product innovation.
This year, 453 institutions responded to the Fed’s 2023 CDFI Survey. Learn about key findings from the survey and thoughts about the road ahead for CDFIs. During the survey presentation, speakers will discuss demand for CDFIs’ products and services, challenges to meeting demand—including lending capital—and innovations in products and practices. Plus, learn about CDFIs’ approaches to tracking outcomes—and their limitations. Then, speakers will discuss how the survey results help inform future Fed research initiatives. Speakers will share Fed research on CDFIs’ use of secondary markets and financial leverage.
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