Monday, August 24, 2009

CDFI Accepting Proposals for Technical Assistance and Training

The U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund is accepting Request for Proposals (RFP) expand technical assistance and training opportunities for community development financial institutions (CDFIs) as part of a new Capacity- Building Initiative to greatly nationwide. This initiative is expected to increase the type of financial products and services to low income communities.

This will make specialized training and technical assistance available throughout the industry and will cover the main issues which affect CDFIs. This includes affordable housing and business lending, portfolio management, risk assessment, foreclosure prevention, training in CDFI business processes, and assistance with liquidity and capitalization challenges. The RFP will cover four key areas;

• CDFI Solutions for Foreclosure Prevention
• CDFI Expansion
• Portfolio Management and Risk Assessment
• Liquidity and Capitalization

The solicitation can be found on FedBizOpps (www.fbo.gov), the Federal government's information clearinghouse for contract opportunities. The contracts will be awarded this fall and that the technical assistance and training will be available to CDFIs the spring of 2010.

Interesting Read

The Myth of the Independent Voter Revisited
Alan I. Abramowitz
Crystal Ball

The Untouchable
Can a good mayor amass too much power?

By Ben McGrath
The New Yorker

Budget Pain Spreads to Energy-Rich States
By Ben Casselman
The Wall Street Journal

2010 House Outlook: Democrats Look Secure
By Greg Giroux and Bob Beneson
Congressional Quarterly

CQ Politics’ Guide to 2010 Senate Races
By Bob Beneson
Congressional Quarterly

Small Banks at Center of Overhaul Debate
By Brady Dennis
The Washington Post

Foreclosures Are Often In Lenders' Best Interest
Numbers Work against Government Efforts to Help Homeowners

By Renae Merle
The Washington Post

 
Design by Wordpress Theme | Bloggerized by Free Blogger Templates | JCPenney Coupons