The perception of risk in CDFIs and Community Development Banks has always been far greater than the reality

Power Station

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In the first week of a presidential administration marked by executive actions banning the education of Air Force members about the Tuskegee airmen, freezing scientific research grants at the NIH, immigration raids intended to fast-track deportation and the purging of DEI programs across federal agencies, remember that it is the nonprofit sector that continues to move democracy forward. In this episode of Power Station, we speak to Amir Kirkwood, CEO of Justice Climate Fund and a leader in the movement for climate and community-centered financing. Justice Climate Fund was awarded $940m, as part of President Biden’s 2022 Inflation Reduction Act, to ensure the deployment of capital, primarily through CDFIs and nonprofit loan funds into communities plagued by generational disinvestment in housing, community facilities and public water systems. Amir brings deep experience, from executive positions in CDFIs, national and global banks to now leading the deployment and leveraging of capital into vulnerable communities. He shares how Justice Climate Fund and its community partners are meeting the moment to invest equitably and purposefully. As Amir says, this is forward-looking work with stories of success that need to be told. Let's amplify these stories whenever and wherever we can.

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