News OFN Awards Second Round of Google Financing OFN is pleased to announce the second round of Grow with Google Small Business Fund loans and Google.org-funded grants. In this round,… July 22, 2020
Events, News Asking and Answering “Where Do We Go from Here?” What is systemic racism? How can we rise to today’s calls for equity and justice for Black lives? What role can and… July 22, 2020
News OFN Welcomes 19 New Member CDFIs Since we last welcomed new OFN members back in April, we have had 19 CDFIs join our network. We welcome our newest members! Learn… July 21, 2020
News OFN and HSBC Bank Deploy $25 Million Through CDFI Investment Fund In August 2018, OFN and HSBC Bank USA established the Good to Grow CDFI Investment Fund (G2G Fund) to expand the flow of… July 16, 2020
Events, News The 2020 OFN Conference is Going Virtual! Get ready! We’re taking the 2020 OFN Conference virtual! After deep consideration, we are moving forward with an adapted Conference format this year that… July 15, 2020
News $3.5 billion in New Markets Tax Credit Allocations Announced On July 15, the CDFI Fund announced $3.5 billion in New Markets Tax Credit (NMTC) allocations through the 2019 allocation round to 76 community… July 15, 2020
News $10 Million Netflix Investment in HOPE Credit Union Sets Example for Private Sector Hope Enterprise Corporation/Hope Credit Union (HOPE), a community development financial institution (CDFI) based in Jackson, Mississippi, will use a $10 million investment from Netflix to import capital… July 9, 2020
News, Voices Wells Fargo Launches $400 Million Small Business Recovery Effort In April 2020, Wells Fargo CEO Charlie Scharf made an industry-leading commitment to donate all gross processing fees from the Paycheck Protection Program back… July 9, 2020
News OFN Awarded Grant from Newly Established Tipping Point Fund on Impact Investing The Tipping Point Fund on Impact Investing (TPF), a donor collaborative vehicle with a mission of scaling the practice of impact investing, announced its… July 8, 2020