Frank Altman

Ashoka Fellow
United States
Fellow Since 2013

Citation

This profile was prepared when Frank Altman was elected to the Ashoka Fellowship in 2013.
Introduction
For the past twenty-five years, Frank Altman has been transforming community development finance in the US by creating new incentives for mainstream financial institutions to funnel capital into low-income communities across the country. While Community Development Financial Institutions (CDFIs) are mandated to serve the needs of these communities, they often do not have access to the capital needed to respond to the demand for community development loans.
The New Idea
The Problem
The Strategy
The Person

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