Michael Swack, Director, Center for Impact Finance, Carsey School of Public Policy

Michael Swack is a professor at the Carsey School of Public Policy at the University of New Hampshire where he directs the Center for Impact Finance.   He also serves on the faculty of the Paul College of Business and Economics.  Dr. Swack has published in the areas of economic development, development finance, community investment and mission related investment.  Recent publications include a comprehensive industry analysis of the Community Development Financial Institution (CDFI) industry for the CDFI Fund and a book, co-written with Charles Tansey entitled Capital Markets, CDFIs and Organizational Credit Risk. 

Dr. Swack was the founder and former Dean of the School of Community Economic Development (CED) at Southern New Hampshire University.  Dr. Swack 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 17 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 Opportunity Finance Network, a trade association of Community Development Finance Institutions. In 2000 he founded, and continues to direct, the Financial Innovations Roundtable, a program that promotes new approaches and policies designed to build the field of community development finance and increase access to capital for community development intermediaries. Internationally he has been involved in development finance and microfinance work in Africa, Asia and Latin America.

Dr. Swack received his doctorate from Columbia University, his master’s degree from Harvard University and his bachelor’s degree from the University of Wisconsin-Madison.

Beth Lipson, Interim CFO & EVP, Strategic Initiatives, Opportunity Finance Network

Beth joined OFN in 1997 and currently serves as Interim CFO, where she is part of the leadership team and is responsible for creating and managing OFN’s financial, capital, and administrative strategies. In her 19-year tenure, Beth has worked on the Financial Services team for nine years, worked as the CFO, and created the role of EVP, Strategic Initiatives in 2012, which she still holds. In this role, she manages OFN's significant cross-functional initiatives, including the NEXT Awards, Performance Counts, OFN’s CDFI Certificate Program, Wells Fargo Diverse Community Capital Program, and previously, the Create Jobs for USA partnership with Starbucks. Beth also serves on OFN’s Investment Committee. Beth has a MBA from the Wharton School, and her previous experiences include valuing businesses at Coopers and Lybrand and researching trends in savings and loans at the Federal Reserve Board.




  • Robin Husslage, The Carsey School of Public Policy
  • Donna Fabiani, Executive Vice President, Knowledge Sharing 
    Opportunity Finance Network

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The Fundamentals of the Opportunity Finance Industry program  is jointly offered by the Carsey School of Public Policy at the University of New Hampshire and Opportunity Finance Network.