In addition to their mission of providing financial services and products to people and businesses in low-income communities, many Community Development Financial Institutions (CDFIs) consider themselves more broadly as vehicles for economic development in their communities. Beyond supporting business creation and growth, they support the creation of quality jobs for community members. Maureen Conway, Executive Director of the Aspen Institute Economic Opportunities Program, recently sat down with executives from two leading CDFIs and Shared Success grantees: Amanda Blondeau, the Chief Strategy Officer of Northern Initiatives (founded in the face of declining resource extraction in Michigan’s Upper Peninsula), and Robert Boyle, CEO of Justine PETERSEN (founded to serve the greater St. Louis region). About Shared SuccessShared Success, a project of the Economic Opportunities Program, works with community lenders to integrate job quality programming into their small business support services, demonstrating that improved job quality can support the needs of employees while helping small businesses succeed.About the Economic Opportunities ProgramThe Aspen Institute Economic Opportunities Program hosts a variety of discussions to advance strategies, policies, and ideas to help low- and moderate-income people thrive in a changing economy. To learn about upcoming events and webinars, join our mailing list and follow us on social media.

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