Spotlight on ACC and Our Members!
An Exciting Month for CDFIs 

October has been a busy and exciting month for CDFIs and ACC members.
From the Appalachian Regional Commission’s (ARC) Annual Conference to the Opportunity Finance Network’s (OFN) Annual Conference, CDFI leaders have been getting back together in person, sharing successes and challenges, and celebrating their hard work over the course of the pandemic. ARC’s conference, titled One Appalachia: Connection & Collaboration, took place on October17-19 in Flintstone, MD and highlighted how the 13 Appalachian states and 423 counties are collaborating to bring ARC’s strategic investments to life. OFN’s event, titled Invest in Change and taking place on October 18-21 in New York, New York, sold out for the first time ever. ACC’s CEO Donna Gambrell attended both gatherings, along with many ACC members. 
Clint Gwin (Pathway Lending), Donna Gambrell (Appalachian Community Capital) and Marten
Jenkins (Partner Community Capital) with
Gayle Manchin (ARC Federal Co-Chair).
Peter Hille (Mountain Association) and Dave Clark
(Woodlands Development & Lending) with Clint Gwin
and Marten Jenkins.
OFN Panel: CDFIs Investing in Green

On September 28-29, ACC and CommunityWorks, an ACC member, co-hosted a diversity, equity, and inclusion (DEI) roundtable in Greenville, SC, where several other ACC members were invited to provide their insights about how they are incorporating DEI into their lending activities.
Questions that the group addressed included:
  • What makes diversity, equity, and inclusion important from a CDFI mission perspective?
  • What does meaningful impact in achieving diversity, equity, and inclusion in your portfolio look like?
  • What diversity, equity, and inclusion outcomes are you seeking to create, and how do you measure success in this area?

The group is now creating a regional coalition focused on action steps to strengthen our partnership, facilitate additional peer learning and support, and increase lending in historically underserved communities in Appalachia.

Our thanks to Latorrie Geer, CEO of CommunityWorks, her team, and the other CDFI representatives who attended or provided powerful case studies about their borrowers.
Funding Opportunities
Upcoming Events
Every Thursday at 3:00 pm ET
Rural stakeholders are invited to join this call, which takes place every Thursday.
November 2-4, 2022
Denver, CO
The CDFA summit brings together public and private sector leaders and experts from across the development finance industry to discuss best practices, trends, and financing solutions. 
December 7-9, 2022
Virtual or in-person in Washington, DC
The final installment of this seminar series will bring together thought-provoking content and dynamic speakers to explore this historic moment for rural advancement, when billions in public dollars are making important investments in housing, workforce, and small business possible.  
News Articles & Reports
CDFI Fund Advance Look: Preview the Revisions to the New CDFI Certification Application. The CDFI Fund is providing the industry and the public with an opportunity to preview updates that have been made to the CDFI Certification Application and the Annual Certification and Data Collection Report (ACR) since the 2020 version. In the coming weeks, the revised CDFI Certification Application, ACR, and updated data collection methods will be released by the Office of Management and Budget for a final round of public comment. READ MORE
Resources for CDFI Growth: Three New Webinars & Toolkits for Practitioners. OFN has developed three new toolkits—each outlined in a webinar recording—to support CDFI practitioners in maximizing organizational sustainability and impact as their organizations grow.  READ MORE
EDA Awards $3 Billion in American Rescue Plan Funding. U.S. Economic Development Administration, September 26, 2022.   READ MORE