Monthly Archives: February 2017

The CDFI Shoe Drops

President Trump’s budget seeks to all but eliminate The CDFI Fund, according to The New York Times, setting up a tough fight for CDFI Advocates gathering this week in Washington, D.C. 

Special Report: Survey Results on CDFIs+Policy

CDFI industry practitioners are unsure of and concerned about policy prospects for CDFIs in 2017 and 2018 but tend slightly to a positive outlook overall, according to the first CDFI Pulse survey on CDFIs+Policy . The uncertainty reflects the volatile and unpredictable nature of federal policy making under President Trump and the Republican-controlled Congress. While […]

CDFIs+Policy: Add Your Voice

MONEY+PURPOSE invites you to be part of a time-sensitive survey on CDFIs & Policy. The CDFI Pulse: CDFIs & Policy Survey is now closed. Thank you to everyone who participated. MONEY+PURPOSE will publish a special report on the survey the week of February 27, 2017. As Congress returns to tackle budget decisions this Spring amid the […]

Federal Budget Dynamics: Here Today, Gone Tomorrow?

The word from Washington this President’s Day weekend is that the Trump Administration has set an aggressive course on re-working the federal budget. With Mick Mulvaney sworn in as Director of the Office of Management and Budget, federal agencies are getting direction from the White House to plan for deep cuts and fast action in […]

“Community Economic Development in the United States” can be a Bargain (For a Limited Time)

Community Economic Development in the United Sates: The CDFI Industry and America’s Distressed Communities  is now available as an ebook for just $14.00, a steep discount from its usual selling price. A hardcover version lists at $129.00. MONEY+PURPOSE has recommended the book for its thorough and thoughtful discussion of the political economics of community development and […]

Necessary But Not Sufficient

The energy unleashed by the Women’s March and the outpouring of action on a range of issues is impressive. Now what? This morning, the New York Daily News published an op-ed (“How Democrats Are Getting Played”) suggesting that public actions are (in Washington-speak) necessary but not sufficient. Mike Geacon, to many people the dean of community organizing in […]

Inspiration from “Drama High”

In 2013, I gave a CDFI industry speech that featured Lou Volpe, the high school teacher who inspired me more than any other. He was the subject of “Drama High,” a new book at the time by a high school friend, Mike Sokolove. I told the story of how Lou called me out for not […]