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2019 CDFI Survey

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The Federal Reserve is conducting a national survey of Community Development Financial Institutions (CDFIs) from April 1 through June 20, 2019. CDFIs are specialized financial institutions operating in markets that are underserved by traditional financial institutions. Participating CDFIs will be surveyed on several specific topics, including Opportunity Zones, the modernization of the Community Reinvestment Act and the impact of the partial federal government shutdown in early 2019. Additionally, participants will be surveyed on business-related topics, such as capitalization, financial products, development services, and demand and capacity. Survey responses will be used to gain insight and understanding of the reach and impact of CDFIs nationwide and to generate a national CDFI directory for business, government and community leaders, investors and policymakers.

Since 2009, the Federal Reserve Bank of Richmond has led the biennial Survey of CDFIs in the Southeast — from Maryland to Texas. This year is the first time the survey will be administered nationally, in partnership with the regional Reserve Banks throughout the Federal Reserve System. The Richmond Fed’s Community Development team is the System lead on the administration of the survey and related outreach activities.

The 30-minute survey is divided into two sections and is open to all CDFIs, regardless of certification status. Survey participation is voluntary. Your time is important, so we’ve designed the survey to build off of existing reporting requirements. If you’re interested in learning more about how past survey responses have been used to help increase awareness of CDFIs, please take a look at this Richmond Fed publication.

The CDFI Survey is a collaborative effort by the Federal Reserve, the CDFI Fund, Opportunity Finance Network, First Nations Oweesta Corporation, NeighborWorks America and Inclusiv.

The survey closes June 20, 2019. Questions? Contact Surekha Carpenter.

phone Contact Us

Surekha Carpenter (804) 663-6013