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Events

Community Investment Fund of Indiana (CIFI): An Information Session for Nonprofits

Noon - 1:45 p.m. | Tuesday, Aug. 30, 2011 - Evansville, Ind.

The Louisville Branch of the Federal Reserve Bank of St. Louis will host an information session on the Community Investment Fund of Indiana (CIFI).  CIFI is a new, Indiana-based statewide community development financial institution (CDFI) created by the Indiana Housing and Community Development Authority.

This meeting is for representatives of nonprofit organizations, including executive directors and CEOs/presidents of CDCs, CHDOs, community-based organizations, and local and state community economic development agencies.  The session will:

• introduce CIFI’s mission,
• provide an overview of CIFI’s market and business lines, and
• explain how a statewide CDFI will expand access to capital for community economic development in southern Indiana.

The program will also include a presentation that will clarify aspects of community development financial institutions, including:

• what a CDFI is,
• what is required to become a certified CDFI, and
• benefits of certification and investments by banks in CDFIs.

Examples of entities that have successfully used CDFI certification will be presented.

Who Should Attend?

• Executive directors of nonprofit organizations
• CEOs/presidents of CDCs
• Community-based organizations
• CHDOs
• Representatives of local and state community economic development agencies

This event is free; however, registration is required by Friday, Aug. 26, as space is limited. Lunch will be provided.