The Federal Reserve has opened its 2023 Community Development Financial Institution (CDFI) survey for 2023, which will be used to better inform the Fed, CDFI Fund, and other policymakers, researchers, and practitioners about the work of CDFIs. The survey is open through 11:59 ET, June 2.
The survey aims to understand current challenges and opportunities for CDFIs nationwide. The information collected helps provide policymakers, researchers, practitioners, funders, investors, and other community development stakeholders with timely information about the CDFI industry.
CDFIs can also use the results to compare their organization to a larger national sample and to learn about other CDFIs’ innovative products and practices.
The survey asks CDFIs about demand for their products, challenges in meeting demand, new products and practices they have developed, and their approaches to measuring outputs and outcomes.