CDFI Friendly Bloomington, an innovative new organization focused on increasing access to flexible, affordable financing for community development, has hired Brian Payne as executive director. In this role, Payne will help community development financial institutions, or CDFIs, invest in affordable and workforce housing, small-business growth, and new community facilities in Bloomington, Monroe County and southwest-central Indiana.
A recently formed nonprofit, CDFI Friendly Bloomington will connect local investment opportunities and regional and national CDFIs. More information about Payne’s hiring and the mission of CDFI Friendly Bloomington is online.
Although no leaders from Indiana University serve on the CDFI Friendly Bloomington board, a number of IU personnel participated in several workshops to develop the concept.