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Connecting Communities: How CDFIs are faring – Insights from the Fed’s 2023 CDFI Survey

September 7, 2023 @ 3:00 pm 4:00 pm EDT

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This webinar is now available to watch on-demand.

Community Development Financial Institutions (CDFIs) provide financial products and services to underserved markets where it may be difficult to access what traditional financial institutions offer. Every other year, the Fed conducts a survey of CDFIs to better understand the barriers and opportunities that they face. This year’s survey sought input on a variety of topics that range from demand for products and product innovation.

This year, 453 institutions responded to the Fed’s 2023 CDFI Survey. Learn about key findings from the survey and thoughts about the road ahead for CDFIs. During the survey presentation, speakers will discuss demand for CDFIs’ products and services, challenges to meeting demand—including lending capital—and innovations in products and practices. Plus, learn about CDFIs’ approaches to tracking outcomes—and their limitations. Then, speakers will discuss how the survey results help inform future Fed research initiatives. Speakers will share Fed research on CDFIs’ use of secondary markets and financial leverage.


Surekha Carpenter, Richmond Fed

Surekha Carpenter
Research Analyst
Federal Reserve Bank of Richmond

Charly van Dijk, Atlanta Fed

Charlene “Charly” van Dijk
Senior Advisor, Community Economic Development
Federal Reserve Bank of Atlanta

Jonathan Kivell

Jonathan Kivell
Director of Community Investments
Federal Reserve Bank of New York

Maria Carmelita Recto
Community Development Specialist
Federal Reserve Bank of New York

Jacob Scott
Community Development Analyst
Federal Reserve Bank of New York

Jennie Blizzard

Jennie Blizzard
Communications Advisor
Fed Communities

Presented by


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About Connecting Communities®

Real people. Real research. Real conversations.

Connecting Communities is a Federal Reserve-sponsored webinar series providing timely information on community and economic development issues. It complements Fed community development outreach initiatives conducted through the 12 regional Reserve Banks and Federal Reserve Board of Governors.

Have questions about the program? Contact us