Presentation at the 2018 Just Economy Conference.
Session Title: Community Development Finance Institutions & Justice: Meeting the Challenge of Success
In 1973 the first CDFI, South Shore Bank, issued a rallying cry, “Let’s Change the World.” In 45 years, the industry grew from a quiet social justice movement to a $130 billion dollar industry aligning capital with justice. CDFIs possess bipartisan political support, a dedicated federal funding program and close ties to many banks. But are they still on track? This intermediate panel for practitioners asks, “are CDFIs responsive to growing racial and ethnic injustices and the responding activism? What more should CDFIs do?”
Speaker: Dedrick Asante-Muhammad, Senior Fellow, Racial Wealth Divide Initiative Prosperity Now, Washington, DC @DedrickMCDFI_Justice_Muhammad (1)
Speaker: Marla Bilonick, Executive Director, Latino Economic Development Center, Washington, DC @MarlaBilonick
Speaker: Sister Corinne Florek, Executive Director, Religious Communities Investment Fund, Oakland, CA