Helping Solve Personal, Community, National and Global Ultimate Destiny Success Puzzles!

Establishing a National Network of
Community Economic Development (CED)
Benefit Corporations and B Corps

Expanding the Circle of Success for Addressing Social, Economic and Environmental Challenges by Combining the Principles and Practices of Community Economic Development (CED) with the Benefit Corporation
Model and Crowd Funding Provisions of the JOBS Act to Help Foster Innovation, Collaboration, Job Creation and Sustainable Communities

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Michael Swack

Michael Swack is a faculty member at the University of New Hampshire, where he has appointments at the Carsey Institute and at the Whittemore School of Business and Economics. At Carsey, he is working on building scale in the nonprofit community development sector, innovations in community development finance, microfinance, and new models of social enterprise. He manages two ongoing projects: the Financial Innovations Roundtable (in collaboration with the Federal Reserve Bank of Boston) and the Stonyfield Farm Entrepreneurship Institute (in collaboration with Stonyfield Farm Yogurt). He has over thirty years of experience in the fields of economic development, finance, microfinance, and development banking.

Michael was the founder and former dean of the School of Community Economic Development (CED) at Southern New Hampshire University. He has been involved in the design, implementation, and management of a number community development lending and investment institutions both inside and outside the United States. He was the first chairman and served for seventeen years as a board member of the New Hampshire Community Development Finance Authority (CDFA), a state-chartered equity fund for community economic development ventures and projects.

He is the founding president and a current board member of the New Hampshire Community Loan Fund. He was a founding board member of the National Association of Community Development Loan Funds (now the Opportunity Finance Network), a trade association of Community Development Finance Institutions, and a current member of the Community Development Advisory Council of the Federal Reserve Bank of Boston. Internationally he has been involved in development finance and microfinance work in Africa, Asia, and Latin America. He received his doctorate degree from Columbia University, his master’s degree from Harvard University, and his bachelor’s degree from the University of Wisconsin-Madison.


“Charles Betterton's project for the 1990-1992 Community Economic Development Master's program was to establish a National CED Resource Center.  In 1998, he turned down a HUD Community Builder Fellowship worth about $250,000 to continue his non-profit community empowerment work. As one of his faculty advisors 22 years ago, I am grateful for the opportunity to participate in helping ‘Dr. Bettertown’ continue with this project which is needed today more than ever before.” -- Michael Swack,  Ph.D., Professor,  the Carsey Institute, University of New Hampshire and founding Dean, School of Community Economic Development, Southern New Hampshire University