TD Bank grows its community development team
In joining TD Bank as regional community development manager, Kafi Lindsay is now a part of what the company said Tuesday is a “growing” community development team.
“Kafi is a powerful, positive force in the local economic development community,” said Michael Innis-Thompson, head of community lending and development at TD Bank. “She brings exceptionally valuable insight from her work in nearly every corner of the industry. As we keep building upon TD’s Outstanding CRA rating from the OCC, Kafi’s passion and expertise will be key to our continued success.”
In this new role, Lindsay will aim to develop strategies and design programs in support of TD’s Community Reinvestment Act goals throughout Pennsylvania and New Jersey. The Community Reinvestment Act passed in 1977, and is the federal law that requires banks to meet the credit needs of all communities they serve, including low- and moderate-income neighborhoods. According to TD Bank, some of its goals pertaining to the CRA that Lindsay will oversee include identifying and recommending community development loans and investments, as well as maintaining relationships with local housing authorities, consumer advocacy groups and government agencies.
“Throughout my career, I’ve been driven by a desire to connect my community with programs and resources that create real impact,” Lindsay said. “TD is deeply embedded in the communities it serves and I’m looking forward to building bridges with organizations and agencies that can enable the bank to deliver on its promise to provide meaningful support at the local level.”
Prior to her new role, Lindsay served as market manager for community development banking at PNC Bank. While there, she oversaw the creation and implementation of local programs, loans and investments for nonprofits serving low- and moderate-income communities. Lindsay has also served as senior counsel for the Philadelphia Housing Authority, where she worked on a variety of affordable housing initiatives. Altogether, she brings almost 15 years of experience to the role.