Summit Federal Credit Experts Provide On-the-Road Support to Treasury CDFI Staff

This week, Summit Principal Anthony Curcio and Senior Consultants Susan Newton-Rhodes and Ian Weise are traveling to multiple U.S. cities to support for Treasury Community Development Financial Institutions (CDFI) Fund officials during their industry outreach efforts. Summit has supported the CDFI Fund in establishing the Bond Guarantee Program, which guarantees bonds issued by CDFIs for community and economic development. The program’s draft regulations were released to the public recently and Treasury personnel are conducting on-site visits to educate the industry on the draft regulations. Mr. Curcio, Ms. Newton-Rhodes, and Mr. Weise are traveling to cities such as San Francisco and Dallas to assist Treasury staff.