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This version was published on March 1, 2008
Nonprofit and Voluntary Sector Quarterly, Vol. 37, No. 1, 19-38 (2008)
DOI: 10.1177/0899764007301282

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

Brent C. Smith

Virginia Commonwealth University

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.

Key Words: networks • economic development • nonprofit intermediaries • housing


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