Today, President Joe Biden announced the private citizens who will serve on the Community Development Advisory Board (the Advisory Board), a 15-person federal advisory committee to the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund). The function of the Advisory Board is to advise the CDFI Fund’s Director on the policies regarding the activities and programs of the CDFI Fund.
“I am pleased to congratulate and welcome this esteemed group of professionals who share the CDFI Fund’s vision of an America in which all people and communities have access to the investment capital and financial services they need to prosper,” said CDFI Fund Director Pravina Raghavan.
The next meeting of the Advisory Board will be on Thursday, September 19, 2024, which will commemorate the 30th anniversary of the establishment of the CDFI Fund.
The President announced the following four private citizens who are new to the Advisory Board:
- Manuel Chinea, Executive Vice President and COO, Popular Bank at Popular, Inc., New York, NY
- Janie Simms Hipp, J.D., LL.M., Founding Chief Executive Officer, Native Agriculture Financial Service, Fayetteville, AR
- Mark Kaufman, President and Chief Executive Officer, Neighborhood Impact Investment Fund, Baltimore, MD
- Susan Chapman Plumb, Board Chair and Chief Executive Officer, Local Bank, Hulbert, OK
The President also reappointed the following five private citizens who have served on the Advisory Board since September 2021:
- Seema Agnani, Executive Director, National Coalition for Asian Pacific American Community Development, Washington, DC
- Marla Bilonick, President and CEO, National Association for Latino Community Asset Builders Washington, DC
- Harold Pettigrew, Jr., President and CEO, Opportunity Finance Network, Washington, DC
- Michael Swack, Director, Center for Impact Finance, Carsey School of Public Policy, University of New Hampshire, Durham, NH
- Darrin L. Williams, CEO, Southern Bancorp, Inc., Little Rock, AR
They join the following federal designees on the Advisory Board:
- Kathryn Frost, Associate Administrator for Capital Access, U.S. Small Business Administration, Washington, DC
- Wizipan Garriott, Principal Deputy Assistant Secretary for Indian Affairs, U.S. Department of Interior, Washington, DC
- Dr. Basil Gooden, Under Secretary for Rural Development, U.S. Department of Agriculture, Washington, DC
- Ben Page, Deputy Assistant Secretary for Economic Development and Chief Operating Officer, Economic Development Administration, Washington, District of Columbia
- Laurie Schaffer, Acting Assistant Secretary for Financial Institutions, U.S. Department of the Treasury, Washington, DC
- Julienne Joseph, Senior Counselor, U.S. Department of Housing and Urban Development, Washington, DC