Fundamentals of the Opportunity Finance Industry Class
The Fundamentals of the Opportunity Finance Industry course is designed for practitioners who are interested in expanding their knowledge of the basics of the opportunity finance industry, which provides financing and financial services to low-income, low-wealth, and other disadvantaged people and communities.This course is jointly offered by the Center for Impact Finance at the University of New Hampshire'sCarsey School of Public Policy and theOpportunity Finance Network.
The2024Fundamentals of the Opportunity Finance Industrycourses will continue as virtual offerings. The team has developed course materials and a virtual training that will continue to meet the needs of those in the field of opportunity finance aiming to expand their knowledge of the industry.Those on the waitlist from the last session and everyone who is signed up for our notifications will be contacted with more details and will be given priority registration.Thank you!
*Due to the high demand for course enrollment, the course will be focused on CDFI institutions. Limited non-CDFI institution spaces will be available in each cohort. Please join the waitlist if the course is full and you will be given priority registration for the next session.
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Program Details
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The goal of this certificate course is to develop the knowledge and capacity of community development finance professionals sothat they can productively contribute to expanding their organizations’ capacity and impact. The primary objectives are to:
- Provide participants with an understanding of the history, models, products, and players in the opportunity finance field.
- Expose participants to best practices and trends in financing, capitalization, and operations of community developmentfinancial institutions (CDFIs).
- Inform participants about impact measurement and evaluation as well as key policy issues impacting the industry.
- Learn about portfolio policies and management as well asunderwriting loans to CDFI borrowers.
Module 1: Opportunity Finance Industry and Why it Matters
- Context, history of industry, and why CDFIs are needed
- Where CDFIs fit within financial markets
- Current status of the field: players, CDFI types, and size and scope of industry
- Public policy, advocacy, and federal programs for CDFIs
Module 2: CDFI Business Models, Sustainability, and Growth
- Organizational and operational basics
- Business models and capitalization strategies
- Evaluating CDFIs using a CAMEL analysis (Capital, Asset Quality, Management, Earnings, and Liquidity)
- Impact measurement and evaluation in community development finance
- CDFI growth framework and sustainability
Module 3: Community Development through Lending and Development Services
- Market and mission: understandingmarket needs, loan product design, and marketing approach
- Lending sectors and typical products
- Development services strategies
- Lending policies and portfolio managment
- Underwriting CDFI borrowers
- Emerging trends and CDFI responses and innovations
- The road ahead: needs and opportunities
Spring 2024 (open for registration 1/9)
- Dates: Mar. 20, 27, and Apr. 3
- Virtual Classes:
- Dates: Three consecutiveWednesdays (3/20, 3/27, 4/3)
- Time: 1-2:30 p.m. EST
- Total Course Hours: 10 hours (consists of a 90-minute Zoom class on Wednesdays and another 1-2 hours of outside class work before each virtual session)
- Virtual Classes:
Participants who will benefit from attending this course are new or recent entrants into the field of opportunity finance who want toexpand their knowledge of the fundamentals of the industry.
- Professionals changing careers
- Current employees of CDFIs—focused on those who entered the field within the past three years
- CDFI investors and funders, including banks and foundations
- Government employees involved in community and economic development
*Due to the high demand for course enrollment, courses will be focused on CDFI institutions. Limited spaces will be available for non-CDFI institutions, and others may join the waitlist to be notified if spaces become available.
“In a very short timeframe, the course presented valuable information about the background and environment of the industry with surprisingly detailed financial analyses and spot-on case studies.A great course!”
“I am much more prepared and capable now to participate inthe development of our new loan fund!”
“As a newcomer to the CDFI industry, this course provided a great opportunity to enrich my on-the-job experience.The speakers were passionate and highly effective. Learning about Self-Help and other leaders in the industry was a great experience.And the site visit tour was great!”
“The peer learning opportunities are exceptional!My vision on capitalization and operating models has been vastly broadened.And it was great to have this training on Self-Help’s campus – what a great industry leader!!”
Please contact us if you have any questions about our program.
Laurie Smith
Center for Impact Finance
laurie.smith@unh.edu
Tina Poole Johnson
Center for Impact Finance
tina.johnson@unh.edu
With program support from:
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The Fundamentals of the Opportunity Finance Industry program is jointly offered by the Carsey School of Public Policy at the University of New Hampshire and Opportunity Finance Network.
