News OFN President Addresses CDFI Fund Community Advisory Board On August 27, the CDFI Fund’s Community Advisory Board held a virtual meeting where OFN President and CEO Lisa Mensah spoke to the group, joining leaders… September 1, 2020
News Catalysts for Change: Introducing the YWCA CDFI Map Partnerships between YWCAs and community development financial institutions (CDFIs) bring needed resources to women, who are critically important economic drivers in some of our nation’s most vulnerable… August 31, 2020
News New Grow with Google Small Business Loans Announced CDFIs are on the front lines of the fight for social, economic, and political justice, and they are financial first responders during crisis. In… August 28, 2020
News Members of Congress Champion CDFIs as COVID Relief Talks Stall OFN is very disappointed that COVID relief negotiations between Congressional leaders and the Trump Administration have broken down, especially as the health… August 10, 2020
News Lisa Mensah and Nate Hurst on “American Resilience: The Future of Small Business” On July 30, OFN’s president and CEO Lisa Mensah spoke with Wells Fargo’s Nate Hurst, EVP, Sustainability & Social Impact, about “American… August 10, 2020
News Morgan Stanley Awards OFN $5 Million Grant for Smaller CDFIs On August 3, Morgan Stanley and OFN announced Morgan Stanley has awarded $5 million in funding to OFN for pass-through grants of approximately… August 3, 2020
News 7 OFN Member CDFIs Included in $1.7 Billion MacKenzie Scott Pledge On July 28, philanthropist MacKenzie Scott posted an update on Medium.com about a pledge she made last year to donate a majority of her wealth. In her announcement she… July 29, 2020
News OFN Awards Small CDFI Grants to 19 Members OFN is pleased to announce the 19 awardees of the Small CDFI Unrestricted Grant Program. The Small CDFI Unrestricted Grant Program provided $50,000… July 23, 2020
News SBA Announces New Community Advantage Recovery Loan Program The Small Business Administration (SBA) recently announced a new COVID-19 recovery program, the Community Advantage (CA) Recovery Loan Program, that allows eligible CA Lenders… July 22, 2020