Tips for Developing a Successful Community Relationship

Community Development Financial Institutions (CDFIs) and Community Development Entities (CDEs) are critical to economic growth—whether they’re providing loans or funding for community projects like health clinics, daycares and food pantries.

JPMorgan Chase’s En Jung Kim, Executive Director of New Markets Tax Credit; Nicole Williams, Vice President of Intermediaries Lending; and Jessel Amin, Executive Director of Intermediaries Lending, talked to Connect Media about the value of CDFIs and CDEs. The conversation touched on what makes a successful community relationship and other topics such as:

• Raising equity and other major roadblocks for CDFIs and CDEs
• How CDFIs and CDEs differ from community development real estate lenders
• JPMorgan Chase’s commitment to increase lending to CDFIs by $300 million