Do You Know the Value of Your Local CDFI? - NPQ - Nonprofit Quarterly: An article in the Star Tribune highlights the role of the Nonprofit Assistance Fund among Minnesota’s nonprofits. The specific case it references is the first million-dollar loan made by the Nonprofit Assistance Fund (NAF). The loan was made to help the Aliveness Project move to a space more conducive to their HIV/AIDS program.
NAF is a community development financial institution (CDFI) led by Kate Barr, one of NPQ’s favorite authors on nonprofit financial dynamics. CDFIs provide not just loans but financial advice, and there are around 400 of them in the United States. Barr is well suited to leadership of a
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