CDFA // BNY Mellon Development Finance Webcast Series: Social Impact Investing Credit Ratings for CDFIs

Description

Community Development Financial Institutions (CDFIs) are often willing to make investments in low-income areas, but these investments are typically seen as riskier. By seeking a credit rating, a CDFI can signal its belief in the importance of investing in disadvantaged areas - regardless of whether it is planning to sell debt in the capital markets. With the recent social and racial justice movements, an increasing number of CDFIs have recognized the need to invest in disadvantaged areas and are seeking credit ratings to signal their commitment to doing so. During this installment of the CDFA // BNY Mellon Webcast Series, we will explore how CDFIs, by obtaining a credit rating, can demonstrate the value of making social impact investments.