CDFI Evansville searching for first executive director
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowA startup not-for-profit organization in southwest Indiana is on the hunt for its first leader. CDFI Friendly Evansville Region (CFER) has begun the search for an executive director as it prepares to launch in January.
The organization is in the process of becoming a member of CDFI Friendly America, a not-for-profit that aims to help bridge the gap between community development financial institutions (CDFIs) and potential borrowers.
CDFIs focus on providing loans to people and communities that are historically under-resourced and under-valued.
The development of CDFI Friendly Evansville Region was first detailed in IIB’s Evansville Region Report in July. In the job posting for the executive director position, the organization said it estimates that it could produce more than $100 million in new CDFI financing in the tri-state area by the end of 2028.
The new executive director will be the first hire for the organization by its board of directors. The person selected for the role “must demonstrate the ability to lead and manage through the startup phase through at least 2024.”
This person will market the company to entrepreneurs, business owners, consumers, affordable housing developers, commercial real estate developers, and referral sources to identify prospective CDFI borrowers and make matches with capital sources,” the posting said.
You can connect to the full job posting by clicking here.