Jonathan, maybe we'll start with you as you talked about this report that the Fed just published. So why don't you kick us off? Yeah, happy to do it. So we published this paper which looked at sort of sizing the industry for CDFIs and particularly around the growth of the industry. So we were able to estimate in August of this year that the CDFI industry is over 450 billion in total assets, which is a substantial amount of growth from five years earlier. And so it was growth not just in terms of the asset size of the industry, but in terms of the number of certified CDFIs. So whereas five years ago there were around 1,100 CDFIs, now there are closer to 1,500 CDFIs. And then by institution type we were able to kind of figure out that within the CDFI space the certified CDFIs, the loan funds are the largest in terms of number of institutions followed by credit unions and then banks and others. But what's interesting about that is of the 450 billion plus in assets, credit unions are actually the largest, credit unions that were certified as CDFIs. So those weren't necessarily new organizations that had started within the last five years, but they were organizations that had been around but then sought the CDFI certification at some point. And so it was just for us to be able to publish this paper and really see the data around credit unions representing now 300 billion in total assets, banks are somewhere in the 115 billion in assets range and then loan funds which are predominantly nonprofits somewhere in the 35 billion range and to see sort of that growth over time was something we were able to include in our paper. And I think also something for CDFIs that I learned stepping into this session is these institutions range at the top end of having portfolios in the billions to on the lower end, tens of thousands. So while we're all classifying them under the CDFI label, there's a huge disparity within this industry. Yeah, just to add to that also not only in size do they vary but the types of loans that they specialize in vary dramatically. A lot of CDFIs focus more on affordable housing, some do small business loans, some do a spectrum of loans, charter schools, community development. So there really is a lot of heterogeneity in the market which makes it an interesting story to tell investors. And so kind of tagging onto what Jonathan said as it relates to kind of the scope of the sector from a capital market standpoint, the CDFI is the larger ones, a lot of the larger, a few of the larger ones have accessed the capital markets directly. And they've gotten ratings from S&P mostly. So about 13 CDFIs currently have ratings, eight of which have actually accessed the capital markets. Those issuances have been mostly geo or corporate unsecured financings. Kind of the median rating currently is A plus. There's been a little bit of volatility in the ratings because it is somewhat of a new sector. They just started getting rated about six or seven years ago and S&P being the only rating agency that really is dominant in the sector. There was a bit of criteria changes that caused some kind of changes within changing of ratings as it relates to criteria. And that's never a good way to build goodwill with investors in an emerging sector, but it feels like that's behind us. But still we often talk to issuers about seeking two ratings to kind of give investors another voice as it relates to kind of credit quality in terms of it being an emerging sector. Some other pathways as I mentioned, there is a variety of loan types which also opens the door to a few other capital markets tools in addition to securitizations. We've worked with CDFIs on kind of affordable housing project related issuances which allowed them to access the tax exempt market. So that's another creative tool for CDFIs that are looking to, that are affordable housing focused. And then you have this securitization side of things. You have, we've seen some securitizations in kind of more established markets like the small business loan 7A guaranteed market as well as agency backed affordable housing loan. So Freddie Mac backed securitization. So these are tools that are used broadly and it's kind of a well established market. So CDFIs have been, some CDFIs have been able to take advantage of that. So the topic here is securitizations and a way to scale CDFIs. It feels like CDFIs have some momentum in terms of becoming a presence in the capital markets and building a name for themselves that kind of helps feed into building some momentum towards other types of securitizations that are kind of less standard because typically CDFI loans since they are mission-driven lenders are targeted towards underserved communities and often are not standard. And that is something that's very difficult to securitize. So I'll kind of stop there and pass it on. Jonathan, you want to add? Yeah, I mean, I guess I'd build off that and we could have underscored that at the start that, you know, CDFIs are truly mission-driven lenders. They're chartered to focus on a specific community that is otherwise not being well-served by the mainstream financial markets. And for that reason, they've long been a really attractive place for impact investors to work with. And I should have said, you know, in my introduction at the Alliance, we work with a range of investors from foundations to corporations, from high-net-worth individuals to family offices, from folks who are looking for, you know, market rate and even above market rate returns through to folks who are willing to accept concession. And I think what you hear from both Jonathan and from Kristen is that CDFIs, for someone who is pursuing impact, provide just this range of options, range of entry points, whether you have grant capital to deploy or PRI capital as a private foundation or depository assets, whether your focus is affordable housing or small business lending, there are a bunch of different opportunities for impact investors.  And we've seen this steady growth of interest from the impact investing community. I think in the early days, it was maybe a few small or a few large private foundations that really led the way or some regional foundations like Winthrop Rockefeller that works in the southeast. But especially after the events of 2020, the health and social and economic crises, we saw really just surge in interest from impact investors in deploying assets through this, you know, really vital pathway. And it's important, you know, looking at this market that these CDFIs play a key role in the ecosystem because for many businesses, if you're a small business and you're looking for a loan of let's say $75,000, CDFI is really your only option to get that loan.  So these CDFIs play a key role in providing that kind of first loan to a small business who potentially doesn't have the credit history or doesn't have the assets or needs, you know, growth capital to get on that journey. So this is an absolutely essential piece of our ecosystem and growing it will only help more small businesses. So yeah, I just want to come back to the point that John was making, I mean, you know, talking about the industry and, you know, one thing that we looked at in this report was just the equity and the amount of equity that the institution types have as of the time we were able to publish it. So I mean credit unions alone are, we estimated somewhere in the $30 billion range and, you know, call it net assets or net worth, bank credit union, loan fund, what have you. And so between credit unions at $30 billion, banks that maybe, you know, call it $15, approximately $10 to $15 and loan funds maybe in the 5 to $10 range, I mean, that's, you know, close to $50 billion in capital that much of which, you know, in the way we think about it in terms of that growth, I mean, there are a lot of new sources of funds, you know, to your point, John, that have come into the sector that represent a, you know, a significant portion of that, you know, that close to $50 billion, which I think that's, you know, it's just something to highlight. So we're here in an impact investing conference and we've heard about impact VC, outcomes-based financing, private credit in the impact space. Chris, I'm going to turn to you. Why should an impact investor consider this asset class to deploy their capital and what makes it special? And, you know, you mentioned one of these things. Institutional ESG versus impact ESG. I would love to hear your views, you know, sharing with the audience this. Sure. So most of the work I do kind of operates more in the institutional space. So kind of more publicly offered transactions or bond issuances, which captures really strong demand in terms of ESG investors, institutional ESG investors. Now, we've seen increasing demand. We've seen a lot of funds closed. We've seen a lot of funds open as it relates to ESG strategies, but I think at the end of the day, it's clear that there is ongoing demand and growth in the ESG sector, whether you're talking about on the corporate side or on the municipal tax exempt side of the market. So, you know, there are strong tailwinds in terms of, you know, the institutional demand and all, as I mentioned before, there are eight CDFIs that have come to market with unsecured general obligation issuances, corporate issuances, and they've all had some label associated with them, whether it's green or sustainability. Most have been sustainability because they really do bring together both social as well as a lot of more real estate driven or affordable housing driven lenders have some kind of lead certification embedded in kind of their building standards. So that would kind of cover the green side of things. And so, you know, the market standard for the institutional side of things is the ECMA standards, which a lot of investors kind of have their own demands. As I don't have to tell you all in this room, especially in the impact space, there's a lot of diversity and lack of standardization often in terms of metrics and disclosure and things like that. But at the end of the day, the ECMA standards are kind of what everyone hangs their hat on in the institutional space. So, you know, that's kind of one set of pool of capital. And then we have, you know, the impact pool of capital, which I view as, you know, has more opportunity to be game changing as it relates to being catalytic, taking kind of the first loss position in the capital stack, you know, having a variety of more concessionary capital that can really get things moving, especially in a market like we're seeing now, obviously, the rapid rise in rates and the, you know, the kind of scarcity of subsidy for some of our, you know, most important objectives as it relates to affordable housing, you know, banking the underbanked, building, you know, economically vibrant communities, and there's often a lack of subsidy where it really matters. And so, whether it's, you know, foundations providing grants, technical assistance grants, or, you know, a variety of type of support, it really can help catapult a structure into something that would kind of dip into kind of the more scalable, you know, institutional side of the market eventually. I mean, I see this, and I see kind of the structures that are being bandied about as kind of stepping stones to potentially a broader more to tap into that institutional market.  And then, you know, as loans might get seasoned, then potentially there could be a public market takeout. And so, you know, the life cycle of these transactions, early on, often hinge on impact or catalytic capital to kind of get it off the ground, especially when you're talking about new structures in a very dicey market to say the least. Great. John and Jonathan. I was, no, I didn't have any comments. Great. Well, looking to you, John, you know, the U.S. Impact Investing Alliance is really a market builder. And from your perspective as, you know, a market builder, how do you view this? How would you recommend to impact investors to look at community finance to broaden their investment portfolio? Yeah, it's a good question. And I mean, I think Kristen was touching on a lot of it here. So much of what's needed, especially as we've had the growth in number and sort of scale of CDFIs over the last couple of years, there's a tremendous need to invest in the technical capacity, the back office capacity of these CDFIs to make sure that they are sort of prime to scale. I think putting in that first loss capital or long term patient capital, catalytic capital is also always going to be essential. You know, you think about the lending or the business model of CDFIs as a lender, anything you can do to drive down their cost of capital. You know, that's impact because they'll be able to do more with that. They'll be able to better serve the community where they're focused on. I think the other thing that we're especially focused on at the U.S. Impact Investing Alliance that we did want to touch on is the role of public policy. And that has been tremendously important to the CDFI industry from the beginning. Really, it was in 1994 with the RIGLE Act that the CDFI fund was established to begin certifying these institutions to legally define the phrase. And to also begin putting federal capacity into these institutions. And that has been essential and it's also been a bipartisan issue over the years. Through the Clinton, Bush, Obama, Trump, the now Biden administrations, the CDFI fund has remained a bipartisan issue that the Trump administration did propose zeroing out its budget, but that was roundly rejected by bipartisan majorities in Congress. And that's because every representative and senator has a CDFI and their district or in their state and knows the impact that they're having on the ground. And they want to continue to feed this industry. We want to continue to build it up. We want to continue to strengthen it. And so I think we've heard actually really encouragingly across this conference and all credit to Valentin and his colleagues at the Sorenson Impact Institute that there's been a lot of discussion about the role that impact investors can play in partnership with government, which hasn't always been sort of a natural partnership. But this is a really great example where, you know, if you can demonstrate the positive impact on the ground, you can build these bipartisan alliances and then you can have government come in as a partner. So really essential for impact investors to be telling this story as well. This is why these are essential partners for us to be able to put our capital to work in the kinds of communities where we might not otherwise have the sort of opportunities. We won't have the on the ground expertise and connections to the community to be able to make a $75,000 loan directly ourselves. But we can work through these vital intermediaries and do so. So I think that messaging and bring your friends too if you've got if you can get a co-investor that's always great too. So again, telling the story. And I think this is something important to highlight that this is very much still a nascent asset class industry whatever you want to call it. I mean, there's you mentioned eight securitized eight CDFIs have securitized part of their portfolios and that's mainly probably at the upper end, right? What about all those that are doing, you know, with the tens of thousands or hundreds of thousands? You can't feasibly securitize and sell that kind of portfolio. What are some options for kind of those that middle layer or those smaller CDFIs? Yeah, and that's a great question. You know, and also just to piggyback on what you said as it relates to kind of the federal involvement, we've seen a fair bit of federal dollars flowing towards CDFIs that are worth noting. First, we have the State Small Business Credit Initiative that was as part of the American Recovery Act. It's about ten billion dollars flowing through states over eight years in support of small business lending of which is targeted towards underserved communities. So as you can imagine, CDFIs are going to play a large role in this program. Those funds have already started to go out. And so every state who has put in an application has their own program and the SSBCI has several tools that they can use and one of which or that each state as part of their plan can use, one of which is a loan participation program where it's actually basically a vehicle for smaller CDFIs or CDFIs, not just smaller CDFIs, but CDFIs writ large to kind of get first loss capital or sell kind of 80% of the loans off their balance sheet. Now it's up to the states and other entities within the capital markets or elsewhere, intermediaries with the intermediaries within the sector to kind of come up with ways to kind of invite in smaller CDFIs to participate in kind of structures like that. You know, we've seen kind of CDFIs do participate out their loans with each other on a one-to-one basis. But again, that's not kind of a capital markets avenue. So I think, you know, first and foremost, you know, getting CDFIs rated, the larger ones has helped move the needle in terms of getting them more prominent within the capital markets, but then also leveraging those ratings to allow smaller CDFIs who aren't eligible for a rating due to their size or just balance sheet or it's just not worth it because they're not going to directly access the capital markets, a way to kind of have them the bigger CDFIs to kind of lend that credit rating in some way, shape, or form. You know, whether it be, you know, in a securitization structure, having a master servicer who kind of works in cooperation with smaller originating CDFIs. I mean, there's a lot of ways to think about it. Of course, you know, capital markets acceptance and institutional investor acceptance is, you know, it's not easy at this point because it is a nascent sector and it's growing. I'm not overselling that this is easy to accomplish but I think, you know, watching it long term, there's a fair bit of tailwinds as it relates to federal capital. And I just mentioned the SSPCI but, you know, the elephant in the room is the IRA and the greenhouse gas reduction fund which is $27 billion, $14 billion of which is targeted towards kind of two to three hub nonprofit or kind of maybe a green bank or something like that who will get those funds and, you know, applications were just due a couple of weeks ago on that and so, you know, the Justice 40 element of that program provides that 40% of those funds need to go to underserved communities. Again, CDFIs make the most sense in terms of being the channel for those funds to target the communities that they operate in and it hasn't been said yet but, you know, CDFIs, it's kind of shocking when you look at the loan performance history now. I'm speaking to mostly the rated section, a contingent of the CDFIs but loan performance is actually quite strong especially if you look at other kind of financial institutions. Their loan losses are, you know, relatively low and, you know, the secret sauce so they say for CDFIs is that they know their communities, they know their borrowers, you know, they're able to kind of hold the right amount of loan loss reserves to offset the perceived risk and, you know, that being said, on the equity side as Jonathan mentioned, you know, they've had strong equity ratios in part because of their strong loan performance in addition to all the public and private capital and it's kind of flowed into the sector post-pandemic. So, I think I answered your question but... Yeah, absolutely. I mean, just looking forward to the future, we talked about nascent asset class and looking forward. What are some potential challenges that would hinder the development of this market and, you know, some potential remedies that you would offer to these challenges? I guess... Go ahead, John, you want to start or...? Yeah. Well, I didn't have a good answer. I can start. I can't use that time. Because I am well versed in the naysayers. So, basically, I think a big barrier to this is the lack of standardization. Investors in products, especially buying, you know, securitized products, want standard loans. And, you know, that is an issue. But, you know, a way around that could be a structure where you're kind of underwriting to securitize. So, creating a product, a box at the onset that a CDFI can underwrite to, that can then be packaged, seasoned and sold. I feel like that is a... You know, it's one tool and, you know, a big complaint amongst the CDFI community is that, you know, they are creating products that are tailored to their communities, which is so important. But this could be one product on the shelf for them that could serve their communities and then could be marketable in securitization. So, that's a big barrier. You know, I mentioned the market is obviously a big barrier. You know, investors will pick their heads up for a good story and... But, you know, there are a lot more discerning and a lot more protective of capital. And so, and especially, you know, the politicization of the ESG market and, you know, all of these kind of, you know, the noise around it.  So, I think that that's kind of a mitigant to all of this. But, I guess... Yeah. You know, I think when we've talked about it and we've talked about it and, you know, really in terms of three issues, data, volume, and standardization. And at various times in my career, I've been in touch with CDFIs and worked with CDFIs and, you know, this kind of push and pull, Kristen, that you described between wanting to make those kind of loans that are responsive to the types of borrowers that CDFIs serve, right? Those bespoke, sort of types of collateral or underwriting terms, but also wanting to do things at the scale that would lead to some kind of capital markets activity. That's kind of the challenge, I think, that you're describing. And I think that, you know, that kind of speaks to how do you get to that standard set of underwriting terms that would lead to some kind of securitization? How do you get data around that? What does that data look like? How does the market kind of understand that data? And then how does that volume kind of grow and lead to sort of further interest within the industry? Yeah, I guess I would pick up on something Kristen was saying earlier, which is that I do believe in the secret sauce of CDFI is that their connection to the community, their knowledge of the borrowers is really important to that historical strong performance in terms of lending. And so, you know, we've seen this, I know when the Sorenson team has been examining the securitization issue, it comes up how do you maintain the relationship between the borrower and the CDFI? Is there a participation, a servicing agreement, something like that? It came up when we were looking at some of the pandemic facilities that the Federal Reserve set up that was trying to buy on loans and could you maintain the servicing relationship between that CDFI who again knows that borrower and can understand, you know, how to work through, you know, extraordinary times like the pandemic, the lockdown and things like that. And I think that looks a little different than typical securitizations where it is or just selling of loans at where? Yeah, you borrowed your mortgage from one bank and all of a sudden most bargain was your servicer and you don't have much say in it and I think it needs to look a little bit different for the types of borrowers that CDFIs are working with. Great. And so none of us are investment advisors here but to the, to the institutional investors in the audience, how would you advise them to, you know, potentially consider this asset class to invest in and what type of institutional investors or impact investors are most suitable to invest in this? Whoever wants to take it? Well, I can talk about the credit strings as I kind of alluded to. You know, I've been surprised at how well the CDFI sector has performed, especially in the broader backdrop of, you know, regional bank stress. You know, CDFI loan demand is quite high from what I, you know, hear from clients and the challenge is just figuring out how to meet that, that demand while still preserving kind of strong equity positions and not over-borrowing and maintaining, you know, profitability as it relates to kind of this escalating rate environment, adjusting their own rates while not to be punitive on their, on their communities but also to make sure that they're, you know, profitable enough. So, you know, I admire kind of the CDFI's ability and the creativity that they have among their finance staff in terms of collecting a variety of resources to kind of make the math work as it relates to their loan portfolios and also while being responsive to their communities. I mentioned before that, you know, that there were several CDFI's or there are several CDFI's that have borrowed on an unsecured corporate basis in the capital markets and, you know, they, they were for, you know, right or wrong that S&P's response to them getting ratings and then going into the market and borrowing with rating downgrades which, you know, is kind of counterintuitive because that was the intent of getting the rating but that was the response and so I think that, you know, once you get a rating and you're kind of in that sphere, you have to manage to it a little bit and so that, you know, that does kind of alter behavior a little bit with respect to kind of having your investors in mind.  Great. That's your question. Yeah, and I mean, in addition to actually investing in their portfolios, what are the roles can investors play to support CDFIs and to help this nascent market mature and become real institutionally investable? I mean, I think I touched on some of this earlier but again, to the extent that you're able to support through technical assistance and capacity building in these institutions, especially newer CDFIs, those serving, you know, more historically underserved communities, rural communities or the like, I think that's a really important role, especially for the impact, investing community to play. And again, that can be, you know, through grant capital or it can be through the patient capital.  You know, this growth in the equity of the CDFI field at large is really a tremendous development in recent years, fueled both by public policy and the interest of corporate and impact investors in recent years. So, you know, that has really given, I think, more buffer than the industry has had since its inception, which will also help to mitigate some of the risks that Kristen's speaking to. Yeah, earlier this year, I mentioned this paper that we wrote about affordable housing, which was interesting, you know, to be able to survey investment managers of private capital investment vehicles that are investing in, you know, U.S. multi-family affordable, be it NOAA or expiring tax credit properties at the end of their extended use or compliance period. Anybody who is familiar with the low-income housing tax credit program or project-based Section 8. And so we asked these investment managers about the affordability, targeting for the properties that they invest in. And we asked them how much capital that they've raised in the last X number of years, how much they plan to raise. And we also asked them about their LP mix, their investor mix. On a percentage basis, what did their investor base, what does their investor base look like by investor type?  And what was interesting was two-thirds of the capital that was committed to the respondents to our survey. And again, it's not a state of the market. It's just these were the folks who responded to the survey. This was the case study. This is what we found. But two-thirds of the capital was from non-bank investors. And a third of the equity was from banks. And what was conclusive for us was this is really, that was really an example of where this sort of confluence of impact investors and bank investors who may or may not have the same motivations, but they're clearly looking at the same assets and the same types of underlying investments. And that's interesting. And it's not too dissimilar from the conversation we're having here. It's sort of, at least somewhat analogous to sort of thinking about the types of products and the underlying loans and what would be needed to kind of bring this same confluence about. So I'll just point that out. Great. And just to kind of close on this, let's look 10 years into the future. Where do you think, A, where do you think will be in terms of the securitization market? And then B, what do you think would be a metric of success? Like, how would you define that this is going in the right direction? Maybe we'll start with you, John, and go down the line. Sure. I'll maybe flip it because I think an important way to succeed in getting to a really robust securitization market would be to continue to lean on the federal public policy lovers. And so there's legislation that's been introduced in the Senate by Senator Warner and Senator Crapo. So bipartisan legislation which would activate a part of that 1994 RIGAL Act that's never been tapped before that would allow the CDFI fund to put funds into CDFIs or non-CDFIs that are providing credit enhancement, liquidity enhancement or securitization products to CDFIs. And so that would be a way to try to get the flywheel going on this market or to at least test out if this is viable, if this is something that CDFIs want to participate in and if it has the impacts that we think it would in terms of increasing the liquidity, increasing the scale of the market. And I think if we were able to get that through and then it was successful, we would see access to the capital markets for a wider swath of the CDFI market. It still wouldn't be for everyone but we'd be beyond the large estate and we'd be, you know, deeper into the market and that would be really exciting. It would open up again the capital markets to more regional CDFIs, CDFIs in different markets and could be a really promising sort of growth mechanism. So. Absolutely great. Yeah, I think you raised a lot of good points. I think from kind of my perspective, I think, you know, with all of the strong support from the federal government with respect to the SSBCI, the IRA, you know, I think that we're going to continue to see kind of the CDFI market grow and more CDFIs get rated with respect to a securitization structure. You know, I think there are a lot of 10 years long time. So that's a good window of time. I mean, it's going to be a dicey market maybe for a little while with respect to elevated rates, which might hinder, you know, new structures to make economic sense for the near term.  Like not the ones we've already kind of discussed that have already been executed. Something new that kind of leverages a lot of the federal subsidy and support that's kind of floating around out there. But I think ultimately the goal of all this is to kind of see impact on the local level in underserved communities. And I think, you know, we talk a lot about vehicles and financing structures and tools, but ultimately it's about impact. It's about seeing communities thrive, whether it be affordable housing or small businesses.  Yeah, I'll just kind of piggyback on what these guys both said. I mean, I think, you know, I was on a panel earlier this year talking about the community development ecosystem and all of the different entities and actors, be they affordable housing or CDFIs or what have you, they're sort of active in low-income communities providing financing in low-income communities. And what's interesting about that is just sort of thinking about the growth of the CDFI space, but also the folks who are attending a conference like this and, you know, whatever those numbers look like in terms of attendees five years ago and the number of people who are in the impact space who are asking questions about CDFIs then versus now. And so you kind of see the, you know, rise in the CDFI space but also that there is a conversation happening about that world here in a conference like this. So I don't have a good answer for what the 10 years from now looks like, but I do think that, you know, to the extent that there is some network building to be done. I mean, that seems like those things are happening sort of correlatively, right, that the CDFI industry is growing, the impact investor industry is growing. Absolutely. I think, you know, as you guys said, this is a growing industry. When I was doing some research, I saw 1,300 CDFIs speaking to you earlier today. I saw that that's increased to 1,500. So this is something that's growing. And you know, when we talked a lot about securitization and all these things and we always have to frame it and as to what's the ultimate objective. This is to create liquidity for these CDFIs so that they can continue to, you know, loan out to more small businesses, more affordable housing. And that's really where the impact is. So one question we have, we talked a lot about affordable housing and small business loans, but we have one question from what kinds of community development pro programs or projects would you like to see CDFI support? So I'm guessing this is beyond the traditional avenues. I mean, you spoke to the Greenhouse Gas Reduction Fund earlier and that's going to open up a lot of opportunities for CDFIs to not that they haven't already done community facility work, but to do more on clean energy retrofit and the other goals of the IRA implementation. Yeah. So that was the first one to come to mind for me. Yeah. I think we're going to be seeing a lot more of that. I mean, we have a huge decarbonization agenda in this nation and you know, CDFIs are kind of going to be offering products that are kind of geared towards that. I mean, you know, what's as we've kind of keep reiterating like CDFI is kind of tailored their programs to their communities. So, you know, if this, it's a charter school, you know, communities, the charter school, you know, they're going to gear their loans towards providing charter schools and underserved communities.  And so, you know, I kind of like that aspect of, you know, how kind of CDFI's plan from a strategic standpoint. It is very real and they're kind of trying to solve for what's missing in the community. And then we have another one that this seems to be kind of adjacent to CDFIs. Could you speak to neighborhood owned or kind of community development projects? Are you seeing growth in that space? And we have certainly at the Alliance looked at the emergence of more participatory investment models as well as some interesting crowd funding programs that present the opportunity for, you know, residents, workers in place to be able to invest in these projects. And that's certainly very exciting. I think those are still small and especially the oftentimes sort of designed to remain subscale or small scale because you're trying to target a neighborhood, right? You don't want to sort of go nationwide with that. You might want to replicate it. But it does make it a sort of different question for how you would sort of grow that type of investment activity and those opportunities for stakeholders to take part. I can't think of too many examples off the top of my head, but one that comes to mind is we hosted this conference on affordable housing in March in our building and one of the panelists, as I recall, mentioned a project in Philadelphia that had, you know, X number of sources of funds, but one of them was community sourced equity. I don't remember the neighborhood in Philadelphia, but there are examples of this where it is happening and there are players who are kind of developing these nuanced models for how to do it and how to do it at, you know, some scale. So we have a really interesting question here for something I haven't heard before, CDFI deserts. So seems that there are certain pockets where there aren't any CDFIs and, you know, I guess this is more from a policy angle. How would you suggest to address these CDFI deserts or to promote the development of CDFIs in areas that don't have them? And I think it's a longstanding priority of the CDFI fund to try to address that. It's certainly true there. Many communities that still don't have access to many or any CDFI sort of institutions that are serving them. I think there's maybe you know the answer one or two native CDFI certified. It's not many last I looked and so in indigenous communities there's a need to grow that. And so I think there's definitely a need for ongoing sort of targeted investment and building those up. And those are going to be you know, you're nascent institutions that really need that early catalytic capital be it from the government or private investors to make sure they can get established and really grow a lending base to serve those communities well. Yeah, also you know sometimes not not always the efficient answer is to start a new CDFI. Maybe the efficient answer is to get a bigger CDFI to kind of come in. They have some more economies of scale with respect to you know their infrastructure and whatnot and partner with others. And you know from what I've gathered from my covering the CDFI sector there's a fair share of cooperation amongst CDFIs with respect to this and I mentioned loan participations but it doesn't and there there's you know a network of well I've seen it from the affordable housing side of things with respect to non-profit affordable housing developers and CDFI is working in tandem as well as kind of the network of CDFI is kind of coming in you know co-lending on a project or something. So you know there are opportunities for kind of the bigger more established CDFI to kind of help kind of fill in some gaps. And the other thing that you know we've seen as examples where it wasn't necessarily a new organization newly started organization right the Chris's point about an existing organization moving into a new market it could be a organization that's already working somewhere that just seeks the CDFI certification. Yeah so you know those are examples. So great point certification expansion indigenous a lot of solutions kind of more along those lines rural rural America appears to go to regional banks for small business loans why not CDFIs is there is this an issue of marketing or kind of accessibility. I mean I think that does come to the historical coverage of CDFIs and as I was saying rural areas have traditionally had less coverage from certified CDFIs but again to Jonathan's point we're seeing you know some established institutions seek the certification and so there's a way to blend the two answers. Building coalitions aligning with you know you're bigger by the numbers right in terms of building a coalition and trying to get federal subsidies and what not to try to bridge that gap is essential. You know trying to figure out how to layer in private capital on top of that is kind of the the goal but you know you as you well aware are well aware it's it's it takes time I think probably for all that to get accomplished but I'm optimistic given all the resources that are out there that hopefully that there's more more that can kind of flow towards those who need it the most. Yeah I mean I think one big piece is naming the problem and naming that it is a problem and it needs to be addressed and that and it is well documented and you can look at the flows of major philanthropy it doesn't go to rural communities and certainly not to indigenous communities and at the scale that it's needed. I think continuing to name the question but then also think about sort of new pools of capital and so we've looked at opportunities to engage donor advice funds as you know the fastest growing charitable asset class in the country right now and a very flexible wine if you're able to access the donor advisors which is an if but donor there's been work done to allow donor advisors to make deposits into CDFI's so depository assets aren't as you know strong as more equity assets but it's still something but then they could also be you know making direct contributions to CDFI's and so I think that's a really interesting market to continue to pursue but it's going to require breaking through and you know reaching you know the folks who are sitting on that capital understand getting them to understand that there needs to be some disruption to the system because it's leading to this disparate outcomes just one thing I want to point out just because we're talking about Native American communities and CDFI's is so each of the reserve banks has a community development function there's 12 reserve banks within the federal reserve system and some of the reserve banks have their own sort of special focus in New York we have a you know focus more on sort of financing components of this stuff but in at the Minneapolis Fed and I know the guy runs the center there's a center for I'm talking about right so those folks really have a an interest worth both from a research and outreach standpoint on financing issues and as they affect Native American community so I would encourage you to get in touch with them I'm happy to make an introduction or what have you and we've got a question about mission drift so you know we talked about accessing capital market and this push for securitization do you think there's potential for is there a potential for mission drift or for them to prioritize profit versus their you know purpose-driven mission and how would you mitigate that? I mean I think there's always a risk of that and I think it's you know falls upon the management of the CDFI to kind of stick to what their mission is and their long-term strategy of serving their communities that doesn't mean that the securitization option is a bad option in the sense that it's one tool you can choose not to use the tool so I think you know there's always a risk of mission drift and I think it takes the management team some fortitude to kind of stick to what their priorities are and not kind of get too distracted by noise that's not relevant to them and might not serve their community Great so we have one where it's a question it's new to me so it's about property assessed clean energy and this is comes from John Kinney with the clean fund and he's asking so this is a credit enhancement tool focused on energy efficiency for commercial real estate so how would a company reach out to a CDFI to offer this product I don't know if you would have I guess maybe this goes to the kind of clean energy we talked about earlier before Yeah so I think that's C-PACE right is that's the what it's referred to as in the market and we've kind of seen some financings that are secured by C-PACE loans and my understanding of it is there is you know an assessment on a a commercial property that is kind of used to finance the retrofits you know if that's a product that is of interest you know I think I'm not sure how many CDFI's offer it or kind of who to contact but it is kind of an established product securitization or secondary market for those type of credits or at least there's kind of an emerging one I know of one issuance that just kind of recently happened in that regard but and so I guess the question was who did the who do you reach out how how would a company reach out to a CDFI for this I guess they would have to first find out if the CDFI if they offer this product yeah so I think you know in part the securitization vehicle is a way to recycle capital so odds are you know you're going to sell your loans 80% of your loans and you still retain servicing fees and what not but you with will take that capital and recycle it and make new loans and so you'll make that interest spread off of those new loans ostensibly so hopefully you know if it's functioning properly and there's no shift in business model and you know the CDFI continues to you know incorporate it in as part of its business model it doesn't necessarily I think have to undermine profitability that being said like you know not everyone is going to incorporate it properly it is kind of a new tool potentially so that's kind of how I think about you know how it can be utilized and again it's I think of it as kind of one tool those recovery loan funds that you're referring to were a great kind of kind of experiment with respect to setting up discreet now for those of you that don't know there were four of these funds set up throughout the country and they brought together private and public capital thinking of the New York Forward Fund specifically because that's my state but you know that brought in kind of philanthropic money as well as the state kind of had funded a reserve for that fund and they were able to buy up loans from CDFIs and so it helped kind of and these were kind of non-standard loans right so it helped show that there is broad appetite across the different segments of the investment community to buy into this structure and then also you know that these loans or facilities they weren't you know QCIP securitizations but they had a lot of those flavors to it there's loan loan data associated with it that can help build markets with respect to kind of a future securitization so I think that those were really important and again it's like like I was saying before you know with the with a lot of the federal dollars coming for these various programs it's a good incubator for new ideas to kind of kind of take hold and see where they go in terms of building broader kind of scalability one thing I just add on quickly is you think about this being a new tool to add to the to the Quiver to the Toolbox for CDFIs it prepares them for changing market conditions so you know if you're CDFI and you don't feel like you have new loans to make off that 80% to recycle that capital then that's not going to look like an attractive tool at that time but market conditions can change and so I think that was part of the inspiration of trying to think about this tool now and sort of have it in as something that could be used if liquidity became a constraining factor for the CDFI market just in in 2021 we were hearing with the influx of ECIP money and corporate money and other factors some folks we talked to at the outside of researching this said liquidity is not an issue for CDFI so why are we talking about this? Well it looks a little bit different now that rates are going up now that you have the crisis with mid-sized banks with maybe some of those deposits looking a little less secure and so now you know just to illustrate you know market conditions can change quickly and so we want CDFI to be prepared with a range of options to be able to to meet the needs of their community in the moment yeah I mean I think you know if you think about the range of 1500 institutions with the CDFI certification some are going to have more of a need than others and at various times right some are going to have some level of demand that they're not able to meet based on the capital that they hold and their lending requirements and limits and so for those I mean it may be a a situation where they think about that volume and the their you know ability or how to meet those needs of their borrowers and fund those loans right and there may be a cohort of CDFI's for which that's way more interesting and they can kind of prove out that you know to this point like that side of their business it sort of grows from there and maybe there are examples where you know folks within the industry have seen that and then they kind of learn from that but I think this this point about that you know it's one of a number of that CDFI's can use as they think about how to originate loans how to serve the customers and the communities that they continue to work with it it's just I think my best answer is that it's it just doesn't feel like it's for everyone at the same time that they're probably greater needs and greater sort of levels of interest based based on the CDFI's own you know situation


Energy is the blood that runs the development of every country. The Republic of Belarus does not have enough local energy resources. We have been working with EIEA since the very beginning of the introduction of the idea of implementing of nuclear power in Poland. It's become clear that we need to improve our energy supply. For our diversification of energy resources, we have decided to construct nuclear power plant. The introduction of nuclear power will limit dramatically the negative impact of energy sector in Poland on the environment. Instead of using fossil or any other source, especially for base load, nuclear is a choice, a very important choice.


for us to be able to talk about this session or to do this session and kind of talk about, you know, I don't like saying selling it, but there's a component of that, right? Like how do you in a concise timeline explain what domain of one's own is to folks on your campus that may need it or may not know that they need it, right? Like they're looking for something like it. So we'll talk a little bit about, you know, what has worked for us as admins in the past and what we see folks doing that we think is successful. Obviously, the title, How to Talk About Domain, sounds extremely prescriptive, but this isn't going to be at all. So maybe a better title, a little bit more nuanced title would have made sense, but here we are. So we did ask earlier about Domain's Elevator Pitches and I kind of wanted to, before we dig into the session, talk about Lauren's here that she put in. So hers is, in short, domain of one's own is a at scale, cPanel hosting environment for the higher ed community. The cPanel dashboards include access to hundreds or over 100 open source applications, as well as access to key functions for managing a digital presence like DNS, databases, file management, cPanels are automatically provisioned end users upon sign up and all of the accounts sit behind a custom home page login portal that can be branded for a given institution. The beauty of Domain's is that end users can log in quickly for their campus with their campus credentials via single sign on and they can be up and running with a domain of their choosing in a matter of seconds. Domain of one's own encourages freedom ownership and exploration in a digital space and cPanel is completely transportable when students are graduating and ready to leave the institution. Okay, so that's a mouthful, but I think it is a very complete sort of what is this thing and it covers the tech, what does it do, what does it offer, what is it like compatible with, as well as some of the unique things, because cPanel hosting itself isn't, you know, the reclaim hosting is not the only company you can find that at at all. We're not the cheapest company, we're not, you know, but what we do offer is this sort of educationally compatible environment really, right? So it also, that description mentions things like single sign on and portability and tools to explore digital presence. All that stuff's great. Love that. So I think thinking about that description going into this session, I think is a good one, because I'm going to offer us a description that I think tries to check the same boxes, but from a different angle. And so I think it may be kind of useful to see that, not that everyone's going to talk about these things the same way at all. But I do like when folks can kind of share thought processes behind things like this, and we can kind of just demonstrate it and hopefully it's useful to someone. And, you know, before we dig in that a little bit, I've just like totally been yammering for like the first four minutes of this session. So Amanda, can you speak a little bit to some of the experiences you've had talking about domain of one's own on on campuses or with maybe not on, but you know what I mean, with a with students and faculty and what works and doesn't work or what you like to touch on what you like to focus on. Yeah. Well, I think that, you know, starting this off with bringing in Lauren's elevator pitch is perfect, because it really drives home to me that it depends on who you're talking to, right? It depends on, you know, are you in a room full of IT people who want to know about the tech who want to know about the security, or are you in a room of passionate faculty members who are excited about the idea of coursework and digital presence and digital identity. And that kind of will influence whether or not you're you're focusing on certain parts of it. And for me, I always kind of leaned heavily into the, I think what your presentation is going to be talking about, which as Shannon put earlier in the discord, about digital identity. That was something that people got pretty excited about around SUNY for the most part. And something that I think if they're really trying to develop and so being able to harness that kind of idea within domain of one's own was really appealing to folks. So, yeah. Yeah, I pulled up the, okay, so this is this is what Lauren put. And I'm pulling this up just to mention that I, looking at this kind of, I'm separating it into sort of two parts in my head after reading it. This part you mentioned audiences, right? This first part, it's a little bit of, well, it's the technical, what it is. And it also is a little bit about what it is, what is unique about it from a technical perspective and that it all accounts sit behind a custom homepage login portal that can be branded, right? And then the starting with, I would say the beauty of domains is that going on from there is kind of the why, right? So you can do this, but why? Why does that matter? And the, I'm going to share a presentation that I used when I was a domains admin at St. Norbert College quite a bit. I would say, I got a back it to the beginning. I would say I kind of developed this and it changed pretty much every time I gave it, but I kind of landed on this over time. And it's just, I just called it why domains. And typically the audience here for this presentation was a group of students usually, but sometimes it would be faculty or staff too, depending on the context. But most often it was a group of students and it was usually because I was asked by a faculty member to help with an assignment. So they would say, hey, I want my students to do this, you know, name a thing on domain of one's own. And if that thing included students making their own accounts and building a website. So I would, I would ask to do this in their class. And usually only this as the like Taylor comes to the class component. Very often it was very common for folks to say, hey, I want my students to come or I want my students to blog for my class and do this part of assignment. Can you come in for a whole day and get them set up and have them sign up for accounts and do all of that in one session? And I would say, no, I would say, typically I would say give me five to 10 minutes. And then that's all I need. And, and then say, oh, we have more time than that. I go, I understand. But I would prefer to sell them on why they're doing this and what this can do. And then show them how they can get help in this. And then we'll go from there. Because personally, and again, this is a very personal thing, I didn't usually like the let's all click along with Taylor style thing, because I think typically that ends up with students being frustrated because they have some folks who are like ahead and are waiting on you and some folks who are behind and are frustrated and all the while no one gets context for what they're doing, because we have to spend so much time on the click on this button in this place. Why is that button? We don't have time, but you're gonna click on it, right? And I think for domain of one zone, the why is the most important thing, especially for folks who are unfamiliar or just haven't encountered these ideas, right, like of building a digital presence and what tools exist to do it and why you might choose one over the other. I think that's really important. So I would give this little presentation between, I think I said five and 10, it was more like five and 15, and I'll kind of talk about why the big gap in here in a second. But it's pretty quick. But my plan was to end with it with students understanding what is domain of one's own do what does it do for them and why would they choose it over alternatives for like building a digital presence most of the time. This is the presentation I gave, so it is like St. Arbor branded in certain ways and night domains is the name of their domain of one's own. So just keep that in mind is it. But I would kind of start off with talking, giving a version of what I just said of like, Hey, I'm here to tell you why you're using this thing. We're not going to actually create an account just yet. I'll talk about what you'll need to do to do that at the end, but you don't need your like computer out right now. And so we're going to start with what it is that you need to make a website. And I would usually also have the faculty member like reiterate what the assignment was and what the goals were as part of this to even if it was in the syllabus. I like that to come right before my thing just so I could connect what they're going to do assignment wise to what I'm going to be talking about. And so we would start off with talking about what what you need to make a website. So I would say you need a domain name and a domain name is your name.com or example.org or Google.com or Facebook.com. Those are domain names. So you basically need something that people can type in a browser to visit the site. So that's one thing you need. You need server space or hosting and that's the domain name will point to that server space or hosting. And you know, I would mention that a server, you know, you've certainly heard the word server before, but in many cases a server is really just a computer that's always on and connected to the internet. Technically anyone can make a server out of almost any type of computer hardware. I mean, you could theoretically plug your laptop in and install the right software and host the website on that if you kept it on and your internet connection was reliable. Most people don't because it would be a huge pain to do that and it would be unreliable.  And then third, you need content or you need something to put on that server. So that might be an application that lets you make a website. It might be something that you like coded yourself that's something you want to do. But you need something to host on the server. So and I had this totally rad 90 most 90s picture I could find on the right side. So I'm just a big fan of that. Even though it's kind of upsetting. So then I kind of draw that too. Okay, so that's what you need. What does that translate to on night domain? So I said, well, for our night domains, you get a free domain name. That's a sub domain technically off of night domain. So you can pick something for for instance, Taylor dot night domains you could pick. You can also buy a domain name if you want to domain names like this like that ending.com that don't have something existing. This is those cost money. So I would explain to them like you can register them and bring them in you don't have to. And I think depending on what they're doing in most cases, I would say given that this cost money not a lot, I would recommend doing that when you're ready, right? You don't need to brush into that you can always move things. Then the server space. So this is this is essentially what night domains is I'd explain them and say like the server space is being paid for by the college, right? And it's it's available to you in that case of S&C they offer hosting until a year after the student graduates. And I also mentioned that you can take the site with you when you leave and there's a lot of different ways to do that and I didn't go in all the ways but just to say that what you build here you can bring with you and actually export and we can even help you do that at S&C. So I'd like to lead up with that right away because I personally I think that's really important like whatever you create with technology you have to think about the beginning and end of it and what you're going to do with it. If it matters, you know, another option I could say is you can also let it expire. So I like to be right up front with that when I'm talking to students so that they're thinking about that. I think it's really often for folks to be used to like the idea of like you can keep this forever or it's unlimited and we all know that that's not really true, right? Like business priorities change. So it's in my opinion a good idea to have an exit plan and this is kind of where we plant those seeds for the idea of digital identity and ownership that we'll get into in this little bit later. And then I said finally content on night domains that can be a lot of different things. There's tons of applications ready to go for you. There's WordPress is the most common thing to do on night domains. There's a Mecca. There's Media Wiki. They're all optimized for different use cases. You can program things yourself if you want to. There's a lot of different options. So usually I was like extremely animated, lots of coffee in me. This isn't going to make any sense in this scenario. So I would try to like kind of tie things together like all right, so you've described to me a place I can build a website. Like why are you excited about this?  And I'd say well it's because of something called digital identity and data ownership. I'm excited because while you can build a website a lot of different ways, I don't think anyone is wondering how do I put something on the internet? People have lots of options for that. Night domains is a really good option for two main reasons and that's a way you can sculpt your digital identity in a way you can explore data ownership and have some agency over what you create. So we'd start with digital identity and I would just say like as a concept digital identity you can think about the questions like who are you online or how are you represented online? What traces do you leave online? And depending on this privacy would come up a lot, right? Like and I'd mention that like in privacy is definitely an important part of ownership and identity but in this case when I mean traces I mean intentional things that you specifically say I want to post this about myself. This is Taylor putting himself out there. How do you describe yourself to others and how do you shape your digital presence? I would often ask folks if they had heard of the idea of like digital citizenship and pretty much all of them would have many many of them from like K-12 and they would say yeah digital citizenship is like being careful about what you post because you can't remove things from the internet or you can't have control of that and I'd say you know yeah I mean that that's true to this extent and now you're an adult so you I'm here to encourage you if you're comfortable to think about what you do want to share about yourself on the internet and the best way to do that I think is to create something and that that's how you can shape that presence because you don't have a lot of control always anyway of what in absolute terms can be removed you should think about what you can create and and how you can take ownership of that so and in this screenshot this is super old at this point but I have mentioned over here that like just the fact that I have a domain name with my name as the title of the site means and I've had it for a little while means that when you google my name on google and I believe I did this in a private window so it's like not logged into my google account it's the second result on google which is kind of cool and not not everyone wants that first of all and not everyone can get that depending on your name right like there's a lot of a lot of the complexities there but just to say that this is one way you can shape that presence is by adding to it okay so I depending on the time this would be a session that an element that I would potentially remove in some cases we would also do an exercise called visitor resident mapping I don't think we're going to have time to do this today like in this session but I just wanted to mention what it is if you're familiar unfamiliar or if you're not familiar with it but it's basically like a framework that lets you kind of map out how you represent yourself map out your digital identity and I would if you're interested in this at all I would highly recommend checking out the link in the slide deck that I have but David White and a team of that he leads I believe developed this and they have actually a bunch of other frameworks including a newer framework that they that kind of supersedes this one but I I really like the represent the way visitor resident mapping is very simple to represent and explain to folks but basically you make a grid and you use the terms visitor and resident to explain visitor are places that you don't leave a social trace an intentional social trace and a resident are spaces where you do leave an intentional trace that you create something about yourself and this doesn't have to be you you could be representing a different persona of you right like I am one of those pretty boring people I think that like uses their name everywhere on the internet but a lot of people use different names in different contexts for different reasons and I tend to kind of mix my professional and personal interests on say my blog site but not everyone does some people use separation and that's really interesting and this is one way to represent that basically so I have a link in here jaden.me slash make dash map and that will actually let you just kind of quick make a digital version of this but I would typically have students actually do this on like literal pieces of paper and pen if we are in person and I would usually have this is like if you want to it's up there if you want to use your laptop to make it that's cool too but basically you can just put different tools or websites or social media things whatever on this grid and represent yourself in that way and the cool thing with this is because this is a single grid you could do a lot with this you could make one of these four different personas potentially if you if you think of yourself in that way typically we would do this all in one so I would say like all right I'm going to put Instagram on the resident and personal side because for me I use that for pretty much only personal things and it's certainly resident like there's pictures of my kid there right so it like you definitely get a glimpse into me as a person and how I represent myself but maybe I'd put like say Reddit definitely I would I don't know if I would say it's very personal I use it I read Reddit a lot I consume Reddit and for kind of personal and professional things but certainly more personal so I'm going to put it lower on the scale of personal professional on the y-axis here but I am like I almost never post anything on on Reddit so I'll put it over here and the cool thing about this is depending on what you're doing you can again you can represent this a lot of different ways so I just have like simple text here and I'm changing the color because I because I like it but like you could I've seen when I've asked folks to do this depending on this the context I've seen people automatically do like come up with oh I color coded them by this third metric or I put them in boxes so that they can overlap the the axes and so I'd ask them why they did that right and and what does that mean to them so basically we go through this I would only give them a limited amount of time to do it if we had time at all and then we would I would ask some questions about it so really leading up to the big question of like okay so in the five minutes I've given you to do this which one of you in this class of like you know 31st year students has anything in resident and professional and it would usually be like a couple people would be like I have a LinkedIn and I was like oh do you like LinkedIn they go I hate LinkedIn like cool um and there'd be someone that would be like um technically like I there's like an article on my high school website of me like having received a scholarship and I was like oh great um do you like the picture in there is there a picture in there and in in a couple cases it was no I hate the picture it was like oh what are you gonna do about it and they go well it doesn't matter to me or I guess I could ask them to remove it if it really bothers me but that would lead pretty neatly right into the idea of like agency and ownership right so I'd say like what you need in my opinion is something you actually have control over that you can represent yourself um and I'm gonna kind of speed through this metaphor but I would talk about data ownership as like hey an easy way to think of this is music so like I use Spotify and ham for a while and I also have a small record collection and I would say that I own the records but I wouldn't say I own Spotify or I own my playlists right it's a service to subscribe to and I'm of course at will of the business model of Spotify right like if they decide next month like Spotify premium is $70 a month if your name is Taylor Jaden I would probably be like that's rude and I would stop paying for it right and I would lose access not a big deal though right I have alternatives I could go to a different service I could just not and just use my records like all kinds of things for me in my life this music collection is sort of a commodity that I can replace in certain ways which as a musician hurts me to say that sentence but like that is how I my relationship with music that I listen to right so where that gets tricky is when you're talking about ownership over your identity right like you put time and effort a lot of time probably in many cases if it's important to you and I think you should have a lot of options for what you can do with your identity where it goes what happens to it so I mentioned like all right so like the idea of like wicks wicks is a service you can make a website on and this is going to sound maybe not uh super believable me being an employee at reclaim hosting but keep in mind these slides are when I wasn't um and I was like I don't have problem with wicks as a service or like Squarespace or or any of those alternatives they're good tools if you understand what you're giving up right you you understand that you can't export your site out of Squarespace or Wicks which you create there is going to stay there and as long as you're fine with that and knowing that they could change their prices on you and you either have to decide to start your website over or take the price hike that's what you can do and so I'd say like okay so so why does this matter for night domains and that's because of three things right so you can build your identity using the tools you have a lot of tools available to you they're very flexible and you own the content because you're building the websites using standard technologies and you can bring the site with you when you leave and in fact we will help you here at s and c we will help you do that if you if you need help with it um and then finally you've done this um you've gained a valuable skill in fact that's maybe the biggest one is now you know how to do this and you could do it again because the tools are in most cases free and accessible to almost anyone um and so that was my thing that was basically the whole presentation then after that I'd say hey here's where you get started um hey once you start something post it to our community site because I want to see it um because I in other students want to see it it's great to have examples out there for people to visit and then I would say all right and if you have any questions you should go to the tech bar which is the group of students that we had that I trained to um help uh anybody who needed help with this stuff um and we won't really have a lot of time because we only got a couple minutes left but um you know if you have any questions about any of this stuff the the slides the okay well how how do you um get like students helping with uh other students that kind of stuff I'm always gaming and others at Reclaim are always game to talk about that um but that's that was my elevator pitch I mean it would be a long elevator ride I suppose but um but I like I said I could really do this in about five minutes if I didn't do the visitor resume mapping and occasionally we would leave that part out um so that was a lot Amanda do you have thoughts about like what you would do differently yeah well I think it's so great um I mean we don't really have a lot of time for me to go into all of my reactions about this um I really really hope that people put in discord what they think um and how they would change things in this presentation to fit their purposes on on their campuses um a couple things that really stood out to me were understanding the why definitely helps the how make sense because you could just do button clicking but if they don't understand what they're doing or why they're doing that um um yeah then I mean at the end of the day they're not really learning anything and it's they it's difficult for them to replicate that um and then this I am obsessed with this idea of you know not having people take things you know scare people off of the internet um and and make sure they have as little of a presence as possible on the internet so they don't get in trouble but rather a large one that they cultivate well and I and I don't think it's and by the way we'll probably end up starting this uh last day we'll unwrap up in a few minutes here as it's supposed to start right now but um I don't think it's invalid to say you are not allowed to be private right like that's that's fine and that was not one of my objectives is to say like if you want to have control over this narrative this is a way to do it um I was very careful not to say this is the only way to do it right it's not true all right so thanks um I guess uh we I plant we've maybe planned more more for this session than then we actually had time for and that's all right um we'll see everyone over in the wrap up session so see you on the flip


We talked about this, I can't remember what it was, a week ago or two weeks ago. Actually when I had Fleming Rose on, if you remember I had Fleming Rose on. When we had Fleming on, we talked about this. Denmark, a country from which Fleming Rose, they got published in the Danish cartoons. The Danish parliament has passed a law that prohibits the burning of the Quran and other religious scriptures in public places with up to two years in prison as a penalty. So I guess you can burn your Quran at home in a non-public space, but you can't burn a Quran in public. Now, this is a clear violation of free speech, but what is more important in a sense is why they're doing this.  They're doing it out of sheer cowardice and explicit capitulation to the worst of the Muslims. They're doing it in capitulation to those people shouting at their father in the streets. They're doing it in capitulation to the Islamists in Europe who would indeed take over Europe and turn it into a Sharia law, totalitarian place. They're doing it as an act of surrender, as an act of submission to Islam. This is the worst kind of appeasement. Now, if you thought, okay, they're doing it because they really are offended by the burning of, but they're not, they don't care. They're doing it to appease the worst people in Europe today. And they think that appeasement will work. All appeasement does is prove to the Islamists, and I'm not even talking about the Muslims because I don't know if a majority of Muslims support this or not, but we're talking about the Islamists. Is this going to satisfy the Islamists? Of course not. They will want the stopping of cartoons of any presentation of Muhammad. They don't want other accommodations for Islam and more and more and more and more until they take over. I think it's unlikely they take over, but that's going to be the direction. The more you appease them, the more they'll demand. Sweden, by the way, refused to pass such a law in spite of the fact that not passing such a law might deny membership in NATO because Turkey is so far still objecting to its participation in NATO, partially because of this idea of burning the Quran, which happens in Sweden more than it does in Denmark. And Sweden is not doing it because the politics of Sweden, the political parties on the far right are strong enough to prevent this from happening in Sweden. But things like this, passing of things like this will encourage far-right political parties in Denmark to raise up. And it's not going to be pretty when far-right political parties raise up in Europe. All right, so that is the Quran. Okay, away from Islam. Oh, I just don't want to read you this tweet. This is good. I like this tweet. This is by an Arab, Lui Ahmed. He writes, someone who fled the Middle East 10 years ago, I came to Europe in hopes of a secular rule of law that protects my right to freedom of speech and freedom from religion. These are the kind of Muslims we want, but I was mistaken. The Islamists who I fled from are thriving in the West and I'm manipulating democracy and the naivete of Westerners to advance the insidious agenda. Today, Denmark bans the burning of the Quran to appease them. In a few years later, criticism of Islam will be banned. Once you give them a finger, they will take the whole hand. That's what they did in most countries. They've wielded political power. Now they enjoy 57 Muslim countries where criticism of Islam leads to imprisonment or death sentence. Why should the West change its laws to cater to Islam? It's literally insane. I cannot believe it's happening. I mean, that's courage. That's courage. And that's the kind of people we need. This is why I'm against kind of blanket bans. We want to allow safe passage to people like this to the West and keep the Islamists where they are.


I am Crimson, I am Crimson, I am Crimson, I am Crimson, I am Crimson, I am Crimson, I am Crimson, I am Crimson. I have been lucky to be a proud Crimsonite for the past six years and if I have to look back at the reasons of what made me stay for such a long time I would say predominantly it's the Crimson's culture and I have learnt that Crimson's culture is its people. When you have a group of people who are obsessed with flight to the light, who are driven, dedicated and eager to do something big, when they collaborate with a singular model, success is inevitable. Crimson is a synergy of technology and innovation. We are not afraid to take risks to try something new, fail on the way, but you learn from those things. We value talent and we celebrate creativity. Ideas can turn up at any time and to make sure that every Crimsonite has a right platform to communicate we have multiple movements, be it our futuristic AI enabled Crimsonite or the more traditional suggestion boxes across the floor or you can just walk up to your HRP team or your manager to share your feelings. If I have an idea growing I just walk up to anybody who I trust will guide me or point me in the right direction. Brainstorming sessions are very common in the office. For me Crimson has a special kind of energy to it, sometimes warm and cozy and other times sheer adrenaline. Everyone can find their way. It's a true mix of different worlds, different cultures. I simply love Crimson. Well, I am Crimson.


The sculpture was originally gifted to the nation by Henry Moore. He wanted many of his sculptures to have an appropriate background and for this sculpture he thought the houses of parliament was an appropriate background. It's in two parts, there was a gap in between where you could see the houses of parliament and that has given a different view of parliament for anyone who's interested to see it. It's been a backdrop in hundreds of interviews of politicians on this very site and for all sorts of reasons it's a very important piece now for us and we are delighted and very happy to have it in the collection. This is wonderful isn't it, the view. The view in between is fantastic, I mean the sculpture is about the space between two forms. A patina is a chemical alteration of the surface which we can create colour from and once that's done you can seal it either using a lacquer which was done before or in our case now we're going to seal it with a wax. The patination process is a chemical process that all sculptures go through after they've been cast in the foundry and you apply chemicals to the surface and you can create a whole range of colours from blacks to greens to blues to whites. In the case of Moor sculptures they have a very pale patina with some darker areas and that is done usually using heat and cold patina applications. The time it takes is very difficult to judge and that's why we had to allow in this project an adequate time to create this surface. The one thing that Moor sculptures particularly these ones that were taken from bones and fossils and pieces of chalk are that he wanted to get that mixture of texture from smooth surfaces to rougher less reflective surfaces and he did that not only by working the surface to give that but also he then patina and coloured the surfaces so that that accentuated the difference. What I'm doing at the moment is applying a very weak solution of ferric nitrate which when the bronzes heated gives these very subtle burnt sienna colours to the surface. So with a patina like this that's so thin you really need to apply a little bit of time. When I've finished this yellow colour we'll have a subtle orange tinge to it which just gives a little bit more warmth to the surface of the bronze. The good thing about it as well is it will hide some of these marks in the surface from when the piece was cast. What we're aiming to achieve when we complete the job is to get life back into the sculpture. Moor sculptures because they're a mixture of this tooled surface and the smoother surfaces it's all to do with the play of light and so that is what we need to achieve when we finish and I'm sure now we will get there but the end of next week it'll be very good I think. It's wonderful to see it because it was looking very sad some of the patination had gone there were there was graffiti on it it looked very sad and sorry for itself and the team has been tremendous and we've seen a huge difference already and we're beginning to see what the vision that Henry Moor had for this site and for his sculpture.


when you're using this technology you can start accessing this you can say the most powerful the most natural form energy field that there is that that exists because this is the shape that nature created for creating these energy fields and then when you use these frequencies if you develop you take it up to another level because the frequencies themselves a lot of them are based on sacred geometry so you got sacred geometry frequencies playing through a sacred geometric shape so you got many different things that are working to your favor to help you to unlock your human potential