Community Development Finance in Smaller Markets

The Federal Reserve Bank of Chicago, Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the Community Foundation of Greater Fort Wayne for Community Development held the Smaller Markets: Community Development Financial Institutions on Wednesday, September 25, 2019 from 8:30am to 3:00pm EDT.

This event explored the role and benefits varying types of community development financial institutions (CDFIs) can provide where conventional financing may not meet the complex development and financing needs of the greater Fort Wayne region.

The objectives for this event are to provide an overview of CDFIs and their role; inform current conversations and interests of municipal and regional organizations aspiring to form a CDFI or increase community development investment; introduce the CDFI Friendly City™ Model utilized in two Indiana municipal regions; and identify next steps to pursue at the local or regional level.

Financial institutions, local, regional and national stakeholders representing the community development finance, community and economic development practitioners, small business, affordable housing, municipal government, and philanthropic communities are intended attendees.