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Proposed Community Development Finance Institutions

ACCORD's report number 3 launched in December 2003, has generated considerable interest in piloting a number CDFI forms across Australia.

"Over 20 organisations have responded positively to the findings of the report and have suggested that ACCORD partner them in developing a set of practical models for the establishment of such bodies in their local area," says Paul Fitzgerald, ACCORD's Deputy Director. "Not surprisingly the highest levels of interest have come from regional areas that believe there is limited access to funds for small business, community organisations and social infrastructure, he said."

ACCORD will pilot a range of models in a number of areas over the next year. For further information please contact Paul Fitzgerald on 02-95145751, or email: paul.fitzgerald@uts.edu.au