What is technical assistance?

Examples of technical assistance activities that are related to the provision of financial services and that might be provided to community development organizations include

  • serving on the board of directors
  • serving on a loan review committee
  • developing loan application and underwriting standards
  • developing loan-processing systems
  • developing secondary market vehicles or programs
  • assisting in marketing financial services, including development of advertising and promotions, publications, workshops and conferences
  • furnishing financial services training for staff and management
  • contributing accounting/bookkeeping services
  • assisting in fund raising, including soliciting or arranging investments
  • providing services reflecting a financial institution’s employees’ areas of expertise at the institution, such as human resources, information technology, and legal expertise

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