Sacramento, California – August 23, 2024
The California Coalition for Community Investment (CCCI) is excited to announce the appointment of Nate Schaffran as its first Executive Director, marking a significant milestone in the coalition’s growth and expanding influence across the state. This new leadership role is a key step in CCCI’s mission to enhance the impact of Community Development Financial Institutions (CDFIs) in California, as the coalition continues to advocate for investment in underserved communities.
Nate Schaffran brings a deep expertise and commitment to financial equality, economic opportunity, and community resilience. With experience as both an advocate and a practitioner in community development finance, his appointment reflects CCCI’s commitment to amplifying the critical work of CDFIs in providing essential credit and capacity building to historically disinvested neighborhoods.
“Nate’s leadership marks the beginning of an exciting chapter for CCCI,” said Noni Ramos, Executive Chair of CCCI. “As our inaugural Executive Director, Nate will play a pivotal role in expanding our reach and influence, ensuring that we continue to advocate effectively for the resources and policies that allow CDFIs to serve California’s communities. His vision and expertise are perfectly aligned with our mission to support the great work being done by CDFIs across the state.”
The Executive Director position will be a half-time role, and Schaffran will also continue to serve as Director of Impact and Learning with CCCI member Community Vision, a CDFI with a 35+ year history of investing in social purpose real estate through California. “The partnership between CCCI and Community Vision serves as a model for collaboration and resource sharing within the CDFI industry,” said Catherine Howard, President of Community Vision.
CCCI was established to support the over 100 CDFIs that operate throughout California, each playing a vital role in fostering affordable housing, supporting small businesses, and promoting financial inclusion in underserved urban, rural, and Native communities. Under Schaffran’s leadership, CCCI is poised to significantly advance its mission by advocating for resources that will enable California’s diverse community lenders to deepen their impact throughout the state.
“California’s biggest needs– including affordable housing, climate resilient infrastructure, and quality job creation– require our state to rapidly scale up investment while prioritizing equity. That’s what the mission-driven lenders of CCCI do every day,” said Schaffran. “I’m excited to support our members in moving capital where it can do the most good.”
As CCCI continues to grow, Schaffran will focus on strengthening the coalition’s efforts to ensure that California’s communities are equipped to weather crises, have access to affordable and supportive housing, and are empowered with economic opportunities. For more information about the California Coalition for Community Investment and its mission, please visit https://calcci.org/.
About the California Coalition for Community Investment (CCCI):
The California Coalition for Community Investment (CCCI) is a statewide coalition dedicated to supporting the work of Community Development Financial Institutions (CDFIs) across California. CDFIs provide essential credit and financial services to underserved markets, focusing on affordable housing, economic opportunity, and financial equality. CCCI brings together diverse leadership to ensure California’s communities are resilient, healthy, and economically vibrant.
For inquiries, please contact:
Nate Schaffran Executive Director
California Coalition for Community Investment
nate@calccci.org
