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Opportunities for CDFIs | CA Legislative Roundup

In this Must Know…

Opportunities for CDFIs

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CDFI Governance Training

This three-part series, part of CAMEO’s National CDFI Academy, is designed to educate CDFI staff and leadership on the key principles of CDFI governance and guide them through the basic steps in creating a successful governance structure. The sessions will take place November 28, December 5, and December 12, 2023.

CAMEO Impact Fund

Did you know CAMEO is an intermediary lender to CDFIs and mission-based lenders? We have deployed five loans to CDFIs totaling $880,000, and we seek to make more investments in California microlenders. Please contact Emily Gasner to learn more.

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California 2023 Legislative Roundup

The California 2023 legislative cycle officially came to a close last month. It was a very active legislative session, with the Legislature introducing more bills than it had in over a decade and Governor Newsom signing almost 1,000 bills. Throughout the year, CAMEO tracked 47 bills related to small business, nonprofits, and other topics. Seven out of our eight top-priority bills were signed into law, including two of our sponsored bills – SB 33 and SB 666.

Read our latest CAMEO blog for a roundup of these bills and their final status, and don’t miss Carolina’s Forbes column on the passage of SB 666.

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Take Action: Endorse Federal Truth-in-Lending Legislation

The “Small Business Financing Disclosure Act of 2023″ will ensure that entrepreneurs can access responsible, affordable capital that will help their business thrive, not force them out of business.

You can also use this two-page explainer to advocate for the Act among your networks.

The Goodies

Professional Opportunities

  • The Common Future Accelerator offers $50,000 in grants to organizations working to dismantle economic inequality. Applications close TOMORROW, November 3, 2023.
  • Join the CalAsian Chamber’s 10th Annual Policy Summit, with CA Forward and Small Business Majority on November 8, 2023 at 11:00am PT to discuss the role of clean energy in shaping an equitable California.

Virtual Events

For Your Clients

Other Goodies