Understanding the CDFI Certification – Seven Tests

What are the seven certification criteria that a financial institution must meet to become certified as a CDFI?

By CAMEO

Date and time

Wednesday, April 3 · 10am - 12pm PDT

Location

Online

About this event

CAMEO’s National CDFI Academy is pleased to offer its new CDFI Certification series, designed specifically to support microlending / small business lending CDFI loan funds in understanding the new CDFI Certification requirements and application process. This series is for both emerging CDFIs that are not certified and currently certified CDFIs that will be required to recertify by December 20, 2024.

We have two training opportunities for you. Take one or take both. See details below:
Training 1: Understanding the CDFI Certification – Seven Tests
Training 2: Understand the CDFI Certification Application

Training 1: Understanding the CDFI Certification – Seven Tests

What are the seven certification criteria that a financial institution must meet to become certified as a Community Development Financial Institute (CDFI) when submitting a CDFI Certification Application to the CDFI Fund?

Please join CAMEO on Wednesday, April 3, 2024, 10:00am PT for an in-depth guidance on the seven essential criteria required for financial institutions seeking certification as CDFIs. Developed in collaboration with industry experts and tailored to meet the standards set by the CDFI fund, this course offers a detailed examination of each test, ensuring participants gain a thorough understanding of the certification process. This session is intended for organizations seeking certification for the first time or are currently certified and in need of re-certification.

No Fee to Participate

A very special thank you to the SBA PRIME Grant for funding this series!

"Funded [in part] through a Cooperative Agreement with the U.S. Small Business Administration," there is NO FEE TO PARTICIPATE!

About the Instructor

This course being offered from CAMEO’s National CDFI Academy will be presented by Stacy Zielinski. Stacy has been active in the microfinance industry for over 15 years. She has experience as a CDFI practitioner, consultant and borrower. Most recently, she worked in business development for an impact investment platform. Holding positions for several CDFI’s as Senior Technical Assistance Provider and Loan Officer, her experience ranges from business development and technical assistance to underwriting and the integration of SBA programming.

Questions Regarding Course Content?

Please contact Douglas Craven: Senior Program Manager, CDFI Programs at dcraven@CAMEOnetwork.org.

CAMEO Membership

To learn more about CAMEO membership benefits and pricing, please click here. Scholarships are available for organizations that qualify. Please contact Dara Dado at ddado@CAMEOnetwork.org to learn more.

Note: See Image Release Form for more details.

Who should attend this course?

Given our intending funding and audience for these classes, the basic requirement is that you represent a nonprofit organization who is intending to make loans, a CDFI, or mission-based lender. We unfortunately are not able to accommodate for profit companies.

To ensure a focused and interactive learning environment, we encourage no more than 3 or 4 participants per organization.

Organized by

CAMEO

CAMEO's mission is to grow a healthy, vibrant, thriving environment for all entrepreneurs and start-up businesses by advancing the work of our statewide member network. Our vision is to create economic opportunity for all entrepreneurs, to build wealth and strong California communities. Our member organizations provide entrepreneurs with small and micro-business financing such as loans and credit, technical assistance and business management training. CAMEO members annually serve 15,000 very small businesses with training, business and credit assistance and loans. These firms – largely start-ups with less than five employees – support or create 35,000 new jobs in California. These very small businesses create a total of $1billion in economic activity. Federal taxes paid increased 35% over a five-year period. Local small businesses have a multiplier effect on their local economies that is twice that of big national chains.

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