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First published on September 5, 2007, doi:10.1177/0899764007301282

Nonprofit and Voluntary Sector Quarterly 2008;37:19.

A more recent version of this article appeared on March 1, 2008
 © 2007 ASSOCIATION FOR RESEARCH ON NONPROFIT ORGANIZATIONS AND VOLUNTARY ACTION

Article

The Sources and Uses of Funds for Community Development Financial Institutions: The Role of the Nonprofit Intermediary

Brent C Smith*

Virginia Commonwealth University

* To whom correspondence should be addressed. E-mail: bcsmith{at}vcu.edu.


  Abstract
The interorganizational connections maintained by community development financial institutions (CDFIs) are examined with data obtained from a survey of CDFI executive directors and three case studies. The network actors are observed across three dimensions: collaboration, resource dependence, and information exchange, from the perspective of an intermediary organization. The following analysis, couched in the theory of efficient network structure, illustrates that governance structures within the CDFI industry involve an identifiable cohort of public, nonprofit, and private sector actors, and these associations facilitate a system of network links across an expansive array of resource needs.
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