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
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 Google Announces New $50 Million Investment in CDFIs and Black Community On June 17, Alphabet and Google Sr. Vice President & CFO Ruth Porat published a blog post regarding the company’s commitment to helping small businesses… June 18, 2020
News OFN Announces First Round of Google Loans and Google.org-funded Grants On June 17, OFN announced the first round of Grow with Google Small Business Fund loans and grants funded by Google.org. Five… June 17, 2020
Events Neighborhood Tours at OFN Conference Showcase CDFIs in Action CDFIs in Action Tours at the OFN Conference are an opportunity for Conference co-hosts to highlight interesting lending successes in the region. Choose any… August 22, 2019
News OFN Member CEO Talks CDFIs in Forbes Article on Impact Investing Recently, Forbes published an article entitled, “Why You Should Move Your Money To Impact Investing,” which highlights the work of OFN member Enterprise Community Loan… August 12, 2019
Voices IFF CEO Shares Why Community Developers Should Care about Early Education Recently, OFN member IFF published a blog by CEO Joe Neri about why CDFIs should care more about developing early childhood education centers. “No… August 8, 2019