Bloomington Mayor John Hamilton will Tuesday join South Bend Mayor Pete Buttigieg at the Century Center in South Bend. The mayors will take part in a panel discussion with national financial and civic leaders to discuss the viability of establishing a CDFI-Friendly South Bend.
Hamilton established Bloomington as the country’s first CDFI-Friendly City in 2018, following 18 months of exploratory work and market research. CDFI-Friendly Bloomington is a 501(c)(3) that pairs local investment opportunities with CDFIs around the region and nationwide.
“Cities are finding ways to spur economic growth in sustainable, equitable ways with creative financing such as that offered through CDFIs,” said Hamilton in a news release. “I’m enthusiastic about sharing Bloomington’s experience with Mayor Buttigieg and the South Bend community.”
South Bend would become the nation’s second CDFI Friendly Community.