Opportunity finance news, stories, and voices

Sacha Adorno / January 25, 2017 / Stories

Texas is one of the poorest states in the country; business is booming for predatory lenders. Payday, car title, and other high-cost, unscrupulous financing services make up a $6 billion-a-year industry that strips $1.5 billion in interest and fees from local economies.

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Beth Lipson / January 13, 2017 / Newswire

Over the course of 10 years, more than $70MM was awarded by the Wells Fargo NEXT Awards to CDFIs creating impact through innovation.

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Sacha Adorno / January 4, 2017 / Stories

More than 80,000 Hispanic, Pacific Rim, Kurd, Egyptian, Somali, and Sudanese, immigrants live in Nashville and middle Tennessee as New Americans. Many dream of purchasing a home but can’t apply for a traditional mortgage because of ethical norms.

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Sacha Adorno / December 19, 2016 / Voices

For OFN, a highlight of 2016 was marking 10 years of the Wells Fargo NEXT Awards for Opportunity Finance at the OFN Annual Conference.

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/ November 22, 2016 / Newswire

Inside Philanthropy took a look at the unique way CDFIs help support disinvested communities and individuals.

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