Facing economic uncertainty in an ever-shifting market, how might Community Development Credit Unions (CDCUs) continue to advance their commitment to equity and inclusion and wealth-building opportunities in low-wealth communities and in Black, Indigenous, and other communities of color?
The historic leadership and the impact of CDCUs in community wealth-building (through homeownership and small business lending) were more broadly recognized during the COVID pandemic. How can CDCUs operationalize their social-impact commitments and incorporate them into their lending plans and growth initiatives?
While the number of non-qualified real-estate borrowers and small businesses increase, Community Development Financial Institutions (CDFI) & non-CDFI credit unions must position themselves with programs to serve this emerging membership base most effectively.
This session will provide strategic and practical insights from leading CDCUs on how to operationalize your community development model through inclusive lending such as non-QM, ITIN first mortgages, and guarantee loan programs. Panelists will also discuss how to leverage community partnerships and strategic capitalization resources to advance their growth and impact goals.