OFN is pleased to announce five new members have joined our network! We welcome the following CDFIs: 

Small Business Assistance Corporation (SBAC) – Based in Savannah, Georgia, and focused on commercial real estate, SBAC has made over 1,500 loans since the CDFI started lending in 1989.  

Redbud Financial Alternatives – A new CDFI based in Hazard, Kentucky, and part of the Housing Development Alliance, Redbud focuses on consumer loans in the rural Appalachian counties of Breathitt, Knott, Leslie, and Perry. 

Mission Community Loan Fund (Fondo Adelante) –  The CDFI arm of Mission Economic Development Agency (MEDA) based in San Francisco, California, Fondo Adelante has been lending since 2015. Their primary focus is on micro-enterprise loans to low and moderate Latino business owners.  

Community Enterprise Development Services (CEDS)  Headquartered in Aurora, Colorado, CEDS focuses on serving refugees, immigrants, and other underserved communities and has funded over 210 businesses since the CDFI started lending in 2012. They were named Colorado’s 2018 Community Lender of the Year.  

AmPac Tri-State CDC, Inc.  The nation’s first faith-based SBA lender, AmPac is headquartered in Grand Terrace, California, and focuses on business lending. Since the CDFI started lending in 2007, AmPac has financed 230 businesses and created over 2,000 new jobs.  

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Are you interested in joining OFN? We offer two ways to join:  

OFN members are performance-oriented CDFIs that finance community businesses and consumers, delivering both sound financial returns and real change. As an OFN member, CDFIs can leverage a network of more than 270 CDFIs to increase their impact and help shape the industry. Membership also offers discounts on OFN products and services, as well as access to members-only services.  

OFN allies are organizations and individuals that share our mission and want to be active partners in the opportunity finance industry. Allies—which include CDFIs that do not meet our eligibility criteria—support our core purpose of aligning capital with social, economic, and political justice. Allies receive priority access to discounts, OFN resources, and enhanced access on CDFI Connect. 

 

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