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Douglas Bystry is President and CEO of Clearinghouse CDFI, a for-profit community development financial institution. He created Clearinghouse CDFI in 1995 in an effort to bring capital to low-income and distressed areas of California. Clearinghouse CDFI provides direct loans for affordable housing, community development and other unmet credit needs, and holds more than $250 million in combined assets and a loan portfolio of more than $60 million. It has received allocations of $258 million under the New Markets Tax Credit Program. Bystry has been providing financial services to low-income communities for the past 22 years. Previously, he was executive director of Santa Ana (Calif.) Neighborhood Housing Services Inc., providing rehabilitation loans and revitalization programs in the Artesia-Pilar area of Santa Ana. He also served on the National Advisory Board for the Neighborhood Reinvestment Corp., the La Habra (Calif.) City Council and the Orange County Housing Commission.

Panel:
Emerging Domestic Markets: Financing Community Development in Troubled Times

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