Cases and ExamplesCDFIs Integrating Racial Equity

Eight community development financial institutions (CDFIs) came together as a cohort to incorporate racial equity into their integrated frameworks of impact and financial risk and profitability in 2021 and 2022. ​

Three presented their approaches at the Opportunity Finance Network conference in New York City in October 2022. ​

Erika Seth Davies, Senior Advisor to Impact Frontiers and founder of  the Racial Equity Asset Lab (REAL), co-facilitated the cohort and presented the REAL’s Racial Equity Assessment Framework at the conference.

Conference Presentations​

Eliisa Frazier, Director of Racial Equity & Impact Lending, presented LIIF’s racial equity & impact scorecard and its integrated Impact-Risk-Profitability framework. You can learn more about LIIF’s approach by watching the recording [LINK] of her presentation to the American Evaluation Association’s Social Impact Measurement group.

Laura Mixter, ESG & Impact Reporting Lead at LISC, presented LISC’s Impact Matrix as well as a draft integrated analysis of impact and profitability. You can learn more about LISC’s approach by downloading their white paper

Casey Bell, PCV’s Chief Impact Officer, presented PCV’s impact rating and integrated impact-financial analysis. You can learn more about PCV’s approach on their blog.

Placeholder for Racial Equity Lab

Impact Frontiers Erika Seth Davies

Erika Seth Davies, founder of the Racial Equity Asset Lab (REAL) and CEO of Rhia Ventures, presented the REAL’s Racial Equity Assessment Framework, which CDFIs participating the cohort had the opportunity to pilot. You can learn more about the assessment on the REAL website.