Reposted from Saporta Report
Since its inception, the community development financial institution industry has been committed to providing capital to help expand opportunity for historically excluded communities. In recent years, the continued and often growing disparities in outcomes ranging from health to education to economic prosperity have led CDFIs like Reinvestment Fund to dial up its work to explicitly address racial equity in lending, investing, and operational practices.
While this work remains urgent, it is also a challenge to determine precisely how to incorporate or operationalize racial equity into our varied work. How do CDFIs incorporate an explicit racial equity agenda into their lending and programs? What should we learn from those most impacted by oppressive systems? What work do we need to do as institutions and individuals to genuinely build a racial equity perspective? And how might we collaborate beyond our industry to improve outcomes?
Continue reading at the Saporta Report.
