Third Nowak Memorial Lecture
Equitable Recovery and CDFIs
Reinvestment Fund and Penn IUR hosted the third memorial lecture on April 20, 2021. The discussion focused on the role of community development financial institutions (CDFIs) in promoting equitable economic recovery in the aftermath of the COVID-19 pandemic. Speakers discussed the challenges and possibilities for CDFIs to increase access to loans and grant capital for small businesses, which have suffered disproportionately since the first state shutdown measures in March 2020. Speakers include Dudley Benoit, Executive Vice President, Alliant Capital; Raquel Favela, Central Team Leader, National Development Council; Everett Sands, CEO, Lendistry; and Theresa Y. Singleton, Senior Vice President, Community Development and Regional Outreach Department, Federal Reserve Bank of Philadelphia. Don Hinkle-Brown, President and CEO, Reinvestment Fund, served as moderator.