In 2007 New York established a State CDFI Fund modeled after that of the US Treasury, the first in the country. It has not been funded to date. The New York State CDFI Coalition is requesting a $15 million appropriation in the 2016 budget to help:
- revitalize downtowns in upstate NY
- create affordable housing
- support the start-up and expansion of business
- foster the creation of thousands of jobs
On January 12, Pamela Owens, VP of Programs, participated in the Coalition's Lobby Day, meeting with:
- Assemblymember Fred Thiele of Bridgehampton
Aisha Benson, TruFund, & Mary Beth Bunge, NYS CDFI Coalition Coordinator
- Assemblymember (Mr.) Robin Schimminger of Kenmore
- Senator Diane Savino of Brooklyn and Staten island
- Senator Phil Boyle of Bayshore
- Assemblymember Annette Robinson of Brooklyn
- Senator Rich Funke of Rochester
- Senator Martin Golden of Brooklyn
- Senator Catharine Young of Chautauqua and Olean
- Assemblymember Keith Wright of New York City
- Senator Hugh Farley of Ballston Spa
