Opportunity Finance Network

Thanks to NCCED

Closing Doors. Yesterday the National Congress for Community Economic Development (NCCED) ceased operations. Founded in 1970, NCCED was the trade association for community development corporations. While many CDCs continue serving their markets, the industry has a whole continues to transform.

Meeting with Chairman Bernanke

Briefly, A Briefing. Yesterday, Elyse Cherry (our Interim Board Chair) and I met for about an hour with Federal Reserve Chairman Ben Bernanke to discuss our work in anticipation of his Keynote Speech on November 1st at our Conference. Chairman Bernanke impressed both of us with his interest in our work and his appreciation for the roles we play in the economy generally. He clearly understood what we do, how we do it, and the transformation we are going through as an industry. We both came away excited about what he might talk about at the Conference.

(For conference details, click here.)