This is a confusing time for CDFI credit unions, and for those who are interested in Community Development Financial Institution status—pause periods, new certification applications, changed grant deadlines—how do you keep up?
On January 11, CU Strategic Planning hosted a webinar with Callahan and Associates where we dug in to the current landscape for credit unions and the CDFI Fund. Our Chief Experience Office Mike Beall led the presentation, joined by President/CEO Stacy Augustine, VP of Grant Compliance Christine Duncan and Senior Partner of Total Spectrum John McKechnie to discuss:
Existing Grants
The New Certification Coming 2023
Future Awards
Our predicted timeline for the new CDFI Certification
Best practices to stay in compliance
Ideas to help avoid a CDFI Cure letter, and what to do if you get one in 2023
Be in it to win it! Ways to win 2023 CDFI FA and TA Grants
If you missed the live webinar, you can view the recording on demand and download the slides. Be sure to check out this comprehensive webinar to learn about what's in store this year for CDFIs.