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The conference will focus on securing new capital and revenue sources for Home Improvement and Personal Lenders, emphasizing a CDFI guarantee scheme utilizing EFG. It aims to promote collaboration among membership bodies, enhance communication, and advocate for a supportive legislative framework. With the goal of fostering a unified movement, the event will address self-regulation, the need for performance frameworks, and the creation of a narrative showcasing the distinct value of CDFIs in the social finance sector, ultimately leading to sustainable growth.
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Think Tanks Feedback Conference Sponsor:
New Business & Innovation: Capital and Revenue SourcingStrategic Objectives • Secure new capital for Home Improvement & Personal Lenders • Create a CDFI guarantee scheme using EFG • Securing new sources of revenue to sustain and grow CDFIs • Use CITR to attract funding to a wholesaler to capitalise CDFIs • cdfa to develop evidence bank to legitimise funding for the sector
Membership and networks:Your Trade AssociationWhat should it do for you? • Build relationships with other membership bodies • Broaden membership • Improve communication • Work on a bank referral scheme • Promote the value and distinctness of the sector
Legislative FrameworkStrategic Objectives • Use CM2 as CDFIs self-regulation • Only specific CDFI activities should be regulated • The sector does not need to be regulated • cdfa to lobby for CRA style legislation
Non CDFIs & Partners • Develop performance frameworks to ensure greater consistency • “Pull to stay separate” cdfa to bring members together as a movement • Create compelling narrative to promote value and role of CDFIs • To be an honest broker in making the case for collective CDFIs investment • Leading national partnerships to build social finance sector • cdfa’s strategy must have strategy with clear vision and direction