Frank Altman assists EDAC clients with CDE and capitalization
strategies, loan program management advice, portfolio valuation and securitization as well as
operational assessments. He is President and CEO of the Community Reinvestment Fund (CRF).
He supervised CRF’s application and successful receipt of CDE certification from the Treasury
Department. Mr. Altman has been a national leader in the effort to create the New Markets
Tax Credit program and has lectured extensively about its implementation at EDAC symposia and
at a recent panel briefing conducted in July by the Treasury Department. He has also served
as a consultant for the Economic Development Administration and HUD with respect to the
development of pioneering securitization and development finance programs. He was a member
of EDAC’s subcontracting team (along with Susan Horn-Moo and Mark Weiss) for the development
of HUD’s Community Empowerment Fund, which was an initial part of the New Markets initiative.
He also advised the U.S. Treasury regarding securitization of economic development loans.
He holds a Masters Degree in Public Administration from the Hubert H. Humphrey Institute of
Public Affairs at the University of Minnesota and an A.B. degree from Brown University where
he graduated Phi Beta Kappa.