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A Path To Conventional Equity For Cdfis: Cdfi Equity Project Report, Charles Tansey, Michael E. Swack
A Path To Conventional Equity For Cdfis: Cdfi Equity Project Report, Charles Tansey, Michael E. Swack
The Carsey School of Public Policy at the Scholars' Repository
In this report designed to serve the Community Development Financial Institution (CDFI) sector, authors Charles Tansey and Michael Swack describe a step-by-step blueprint for accessing private equity in Stage One and conventional equity in the public market in Stage Two through participating CDFIs. In addition to providing a blueprint, the report documents the affirmation that a portion of CDFI equity can be—and should be—self-sustaining. It also demonstrates how this equity can be widely accessible by the broader CDFI industry over time.
On The Road Lending Program Evaluation: Final Report, Michael E. Swack, Jolan Rivera, Sanjeev Sharma
On The Road Lending Program Evaluation: Final Report, Michael E. Swack, Jolan Rivera, Sanjeev Sharma
The Carsey School of Public Policy at the Scholars' Repository
In this report, Michael Swack, Jolan Rivera, and Sanjeev Sharma discuss the results of the On The Road Lending (OTRL) program evaluation.
OTRL and its sister CDFI, On the Road Sustainability Funds (OTRSF), share a common mission to promote prosperity within America’s working families through transportation and financial innovation. While OTRL and OTRDF measure and report on many environmental, social, and financial outcomes, the most important are economic mobility measures and improvements in quality of life, namely, greater agency, and control of options through more wealth and time (OTRL, 2021).
OTRL clients work with a coach who provides vehicle purchase …
Behavioral Finance Of Impact Investing: The Case Of Donor-Advised Funds, Eric Hangen, Michael E. Swack, Jordan Hensley
Behavioral Finance Of Impact Investing: The Case Of Donor-Advised Funds, Eric Hangen, Michael E. Swack, Jordan Hensley
The Carsey School of Public Policy at the Scholars' Repository
Undeployed charitable assets in donor-advised funds (DAFs) reached $121.4 billion in 2018‒including $33.9 billion at Community Foundations. Most of these undeployed funds are invested in conventional financial instruments. However, DAFs present a unique opportunity to promote impact investing into the local community, including Community Development Financial Institutions that serve their local communities. In this report, authors Eric Hangen, Michael Swack, and Jordan Hensley discuss the results of their study to see whether DAF donors’ choices of how to invest undeployed funds can be influenced by a change in how donor choices are presented, with the intention of increasing the percentage …
Cdfis Stepping Into The Breach: An Impact Evaluation—Summary Report, Michael E. Swack, Eric Hangen, Jack Northrup
Cdfis Stepping Into The Breach: An Impact Evaluation—Summary Report, Michael E. Swack, Eric Hangen, Jack Northrup
The Carsey School of Public Policy at the Scholars' Repository
This report summarizes research undertaken by the Carsey School of Public Policy to evaluate impacts of the Community Development Financial Institutions (CDFI) Fund on CDFIs and of the CDFI industry on the people and communities it serves. In summary, we find a variety of evidence indicating that CDFIs are advancing the statutory purposes of the CDFI Fund to promote economic revitalization and community development through the provision of credit, capital and financial services to underserved populations and communities in the United States