In July 2016, OFN announced that for the first time in its 30-year history, the OFN Board of Directors had approved proxy voting at OFN’s Annual Membership Meeting.
The facts are startling: Hispanic and black Americans have levels of wealth that are only one-tenth those of white Americans. There are many reasons why this is the case, but it is partly because they hold fewer business and financial assets.
Pay for Success projects are underway in communities across the country—providing homes for struggling families, job training to people with steep barriers to employment, and high-quality education to children in low-income neighborhoods.
There is something about a fresh calendar and new year that opens a world of possibilities. OFN provides many ways for you to engage in the ongoing national discussion about the importance of CDFIs, and this year is no exception.