NewsThe New York Times: OFN Advocates for More CDFI Participation in PPPIn the best of times, many black-owned business owners across the U.S. struggle to obtain bank financing to start or grow their… April 13, 2020
NewsImpactAlpha: Community Banks Bridging Racial Gaps in COVID-19 RecoveryOn April 9, impact investing news outlet ImpactAlpha published an article highlighting community development financial institutions (CDFIs) as “financial first responders” for small businesses most impacted… April 9, 2020
NewsGoldman Sachs CEO Talks CDFI Partnership on CBS This MorningOn April 9, Goldman Sachs CEO David Solomon spoke with Gayle King on “CBS This Morning” about partnering with CDFIs on the new CARES… April 9, 2020
NewsCNBC Op-Ed: Community Loan Funds Can Fix Flaws in Paycheck Protection ProgramOn April 6, CNBC published an op-ed by Seth Levine, founding partner of Foundry Group, and Elizabeth MacBride, founder of Times of Entrepreneurship, that details… April 7, 2020
NewsSouthern Bancorp CEO Darrin Williams Talks Paycheck Protection Program on Fox NewsOn Saturday, April 4, Southern Bancorp CEO Darrin Williams appeared on Fox News with correspondent Leland Vittert to discuss the rollout of the… April 6, 2020
NewsOFN Announces Grow with Google Small Business FundOFN announced today that we are working with Google to launch the Grow with Google Small Business Fund. The $125 million fund will… March 27, 2020
NewsCongress Enacts $2 Trillion COVID-19 Emergency ResponseBy a vote of 96-0, on March 25 the US Senate passed the CARES (Coronavirus Aid, Relief and Economic Security) Act, which… March 27, 2020
NewsNew COVID-19 Community for OFN Members on CDFI ConnectOFN has formed a new COVID-19 community exclusively for OFN members on the CDFI Connect platform. The new members-only COVID-19 community provides a private space… March 24, 2020
News, VoicesPiedmont Business Capital Helps Entrepreneurs Withstand COVID-19 Crisis with OFN FinancingBased in Greensboro, North Carolina, new OFN member Piedmont Business Capital (PBC) is on a mission to create shared economic prosperity for local minority and women entrepreneurs. With roots dating back to… March 24, 2020
