Frank Altman is President and CEO of Community Reinvestment Fund, USA. He pioneered the development of a secondary market for community and economic development loans when he established the organization. Under Altman’s leadership, CRF has grown from a small Minneapolis firm to a national organization serving community-based lenders across the country. CRF has provided $1,083,832,487 to 157 lending partners across the country.

In addition, Altman is a member of the Executive Committee of the New Markets Tax Credit Coalition. He was a founding member of the organization established to initiate the creation of a federal tax credit to encourage private investment in community development.

Prior to founding CRF, he served as Assistant Commissioner for Financial Management at the Minnesota Department of Energy and Economic Development, where he administered several loan programs designed to create jobs in energy-related industries, to promote energy conservation in public and private buildings, and to finance manufacturing facilities in small communities. Earlier in his career, he served as manager of energy conservation and residential financing programs at the Minnesota Energy Agency and as a housing officer at the Minnesota Housing Finance Agency.

In 2008, Altman and CRF received the Social Capitalist Award (“45 Social Entrepreneurs Who are Changing the World”) from FastCompany magazine and Monitor Group. Altman was recently named an Aspen Institute Fellow at the 2008 Aspen Ideas Festival. Inc. Magazine recognized Frank Altman in its 2004 Entrepreneur of the Year issue as one of the nation’s leading social entrepreneurs. The Small Business Administration also recognized him as Financial Services Advocate of the Year in 1993. He serves on numerous social and financial organizations across the country, including Center for Community Development Securities of the Federal Reserve Bank of San Francisco, Financial Innovations Roundtable of the University of Southern New Hampshire, California Association for Local Economic Development, Franklin National Bank, Wall Street Without Walls, Social Investment Forum and RAIN Source Capital.