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I sincerely hope you, your family, and your colleagues are keeping safe during these challenging times. We have heard from many of you about your concerns and the challenges you are currently facing. We know that the social distancing guidelines and enforced shutdowns around the country have impacted how many of you work and achieve your mission.
Susan Suckfiel is the Program Manager for the CDFI Bond Guarantee Program at the CDFI Fund. Prior to joining the CDFI Fund, Susan managed the Office of Portfolio Management at the U.S. Small Business Administration (SBA) where she was responsible for the management and compliance of the SBA's $120 billion portfolio of direct and guaranteed loans, including oversight of the servicing for the SBA disaster, 504, and 7(a) loan programs. Susan brings with her an extensive knowledge of the many aspects of lending, loan servicing, compliance and loan administration, as well as a deep background and training in federal personnel management. She holds a bachelor's degree in business administration.
To protect ourselves and our families from the spread of COVID-19 and in accordance with guidance issued by the Office of Personnel Management, the Community Development Financial Institutions Fund's (CDFI Fund's) employees will be utilizing maximum telework flexibilities beginning Tuesday, March 17, 2020.
If your FDIC-insured bank or trust is contemplating submitting an application to the upcoming fiscal year (FY) 2020 funding round for the Bank Enterprise Award Program (BEA Program), you may find the following information helpful as you plan.
With its limited banking presence, the rural area of Atmore, Alabama lacks mainstream financial service options, particularly for the quarter of its residents that are living at or below the poverty level. This is a familiar situation in rural areas across the nation located in, or are at risk of becoming, banking deserts.
Interested in applying to the upcoming fiscal year (FY) 2020 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program)? You may find the following information helpful in getting started. The CDFI Fund is tentatively planning to open the FY 2020 CDFI Program and NACA Program application round in the first quarter of calendar year 2020.
Deputy Under Secretary, Rural Development, U.S. Department of Agriculture
An experienced leader who focuses on people and effective management outcomes, DJ LaVoy has more than 22 years of experience working as a leader in affordable housing and economic development at the U.S. Department of Housing and Urban Development. Most recently, LaVoy served as the Deputy Assistant Secretary for the Real Estate Assessment Center (REAC) where he has been highly effective in driving agency innovation. LaVoy lead the replacement of numerous essential outdated IT data collection systems with data streaming, web portals architecture, maintained in a cloud environment. While in his latest role, LaVoy also partnered with members of the federal family and all 58 State Housing Finance Agencies to lead the way in establishing a universal inspection standard for federally subsidized properties, which will increase customer service and improve the lives of millions of Americans across the country. In addition to his experience with HUD, LaVoy served under the Bush and Reagan Administrations. LaVoy started his career with the United States Marine Corps and is a marine aviator and combat veteran. LaVoy earned his Bachelor of Applied Science Degree from Old Dominion University and his Master of Industrial Engineering from U.S. Army War College.
Christopher Allison is the Program Manager for the New Markets Tax Credit (NMTC) Program at the Community Development Financial Institutions Fund (CDFI Fund). Mr. Allison previously served as Associate Program Manager for the NMTC Program. He oversaw the development of NMTC application materials, led the implementation of the NMTC evaluation process in the CDFI Fund's new Awards Management Information System (AMIS), and made recommendations for tax credit allocations.
Prior to joining the CDFI Fund, Mr. Allison was a Program Manager at Single Stop USA, where he oversaw grant and performance management for a national portfolio of community-based organizations related to income supports. He worked on several innovative workforce development and asset building projects at Seedco, a national economic development intermediary. Mr. Allison has also held positions with Self-Help Ventures Fund and the Center for Community Capital in North Carolina.
Mr. Allison holds a Master of City and Regional Planning from the University of North Carolina at Chapel Hill with an emphasis on economic development, and a Bachelor of Arts degree in urban studies from Eugene Lang College at The New School in New York.
As we move toward the second half of 2019, I wanted to take a moment to provide an update on our progress, and to reflect upon some of our recent accomplishments.