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Blog

Category: News

News

Howard University Explores “Financial Wellness in the African American Community” – CDFIs Are Solution

A recent national AARP survey of adults aged 30 plus found three in five African Americans experienced an unexpected financial challenge in 2019—and two…

February 6, 2020
News

New Resources for CDFI Financial Reporting and Management

OFN has launched a new online community on the CDFI Connect platform! Called “CDFI Financial Reporting & Management Forum,” we intend for this community…

February 5, 2020
News

Wells Fargo Expands Financing for Diverse Small Businesses

The Wells Fargo Foundation announced that it is providing $17.4 million to community development financial institutions (CDFIs) across the U.S. to accelerate the…

February 3, 2020
News

New York CDFI Helps Fulfill American Dream with OFN and HSBC Bank Investment

Founded in 1997 and based in New York City, Business Center for New Americans (BCNA) focuses on providing access to capital and specialized training to low-to-moderate income…

February 3, 2020
News

Aspen Institute Job Quality Survey Due February 14

With the support of Prudential Financial, the Aspen Institute Economic Opportunities Program (EOP) is conducting a survey to learn about the work…

February 3, 2020
News

The Kresge Foundation Requests Information on Economic Mobility Strategies

The Kresge Foundation has released a Request for Information (RFI) to gain a stronger understanding of the current and unmet demand for grant and…

January 28, 2020
News

Main Street Launch Supports African American Entrepreneurs in Bay Area with Wells Fargo Grant

A 2019 recipient of the Wells Fargo Diverse Community Capital program’s Activator grant, OFN member Main Street Launch is directing grant proceeds toward…

January 27, 2020
News

Change of Course from Consumer Financial Protection Bureau Could Help Home Buyers

Earlier this month, Consumer Financial Protection Bureau (CFPB) Director Kathleen Kraninger informed Members of the U.S. Senate Banking Committee that the Bureau…

January 27, 2020
News

Data.org To Launch $10 Million Impact Challenge

At the World Economic Forum in Davos on January 23, The Rockefeller Foundation and The Mastercard Center for Inclusive Growth announced the relaunch of data.org, a partnership…

January 24, 2020
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In accordance with federal laws and U.S. Department of the Treasury policy, this organization is prohibited from discriminating on the basis of race, color, national origin, sex, age, or disability. To file a complaint of discrimination, write to: U.S. Department of the Treasury, Director, Office of Civil Rights and Equal Employment Opportunity 1500 Pennsylvania Avenue, N.W., Washington, DC 20220; call (202) 622-1160; or send an e-mail to: [email protected].

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