Is The CDFI Small Dollar Loan Program Right for You?
Find out Monday, May 24 at 2:00 PM ET
The CDFI Fund’s Small Dollar Loan (SDL) Program is now open. Up to $13.5 million in grant funds are available as part of this new program intended to expand consumer access to financial institutions by providing alternatives to high cost small dollar lending. Grants will be made in the form of technical assistance and loan-loss reserves. Small Dollar Loan Program grant applications must be received by 5:00 PM ET on June 29, 2021, but all applicants must submit their Standard Form SF-424 by 11:59 PM ET on May 28, 2021 in order to participate in this funding round.
Next Monday, join Inclusiv Senior Consultant Terry Ratigan for an overview of the SDL Program and to learn if this opportunity is right for your credit union.
Please send all questions in advance to Jules Epstein-Hebert, Director of Membership, at jhebert@inclusiv.org by Friday, May 21 at 5:00 PM ET.
To register, go to the link below:
https://us02web.zoom.us/webinar/register/WN_yFXa-VMgRL-ZHmxQ15n1kQ
Speaker:
Terry Ratigan, Senior Consultant, Inclusiv
Terry Ratigan plays an important role in program development, training, technical assistance and Inclusiv’s advocacy work. As a member of the Inclusiv/Network consulting services team, he provides expertise on CDFI certification, recertification, grant writing, and strategic planning for CDCUs around the country. In 2009, Mr. Ratigan developed a statistical random sampling methodology for target market analysis that has helped to double the number of CDFI certified credit unions. This breakthrough methodology also served as the basis for NCUA’s 2011 revision of the Final Rule on Low Income Designation and the 2012 CDFI Fund guidance on target market analysis for CDFI certification.