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April 7, 2021, New York, New York – Sister Corinne Florek, OP, has been praised as the “Godmother” of Community Development Financial Institutions (CDIFs) for her decades of ministry in the field of economic justice and community investment. She was profiled in a special Women’s History Month newsletter produced by the Local Initiatives Support Corporation (LISC), founded in 1979 by executives of the Ford Foundation. 

Through the years, Sister Corinne helped to shape the practice of community development, in which organizations such as the Adrian Dominican Sisters and other religious congregations invest in or make low-income loans to nonprofit organizations that serve the needs of local communities and low-income people. 

Sister Corinne was one of the earliest members of the Adrian Dominican Sisters’ Portfolio Advisory Board and now serves as its consultant. She managed craft co-ops for women in Kentucky, ministered at the Catholic Campaign for Human Development, managed community investments for the Sisters of Mercy, and helped to found the Religious Communities Impact Fund.

Read about Sister Corinne and her community investment ministry in the LISC newsletter.


January 4, 2021, Stockton, California – Sister Judith Rimbey, OP, was recognized in an article on the website of Stakeholder Health for her role in enabling the local residents of Stockton, California – mostly people of color – to afford their own homes. Sister Judith was the manager of community investment for Dignity Health, a healthcare system that included two hospitals sponsored by the Adrian Dominican Sisters. Under Sister Judith’s leadership, Dignity Health invested funds so that Stocktonians Taking Action to Neutralize Drugs (STAND) could develop properties with affordable housing. 

Read the entire article by Tom Peterson on community investment in Stockton. The reference to Sister Judith can be found toward the middle of the article, under the heading, “Help from the Retirement Fund.” 


 

 

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