Disaster Preparedness • Economic Recovery • Resilience

Impact Assessment – Community Development Finance Institutions Response To Hurricane Sandy

On November 14, 2012, the Community Development Fund Institute (CDFI) Fund sent a letter to CDFIs for impact assessment of Superstorm Sandy on CDFIs and their clients. In conducting this brief, voluntary assessment, the CDFI Fund sought to identify the needs of CDFIs and areas in which the CDFI Fund could be most helpful.

The CDFI Fund recognized that obtaining responses from CDFIs during the height of this emergency would be challenging. The CDFI Fund did not expect a large response because many of the CDFIs in the affected region were still battling the effects of the storm, but wanted to begin assessing the future needs of CDFIs as soon as possible. The CDFI Fund is grateful for the responses received from 13 CDFIs in the region.

Click here to read the report and learn the recommendations.