News$3.5 billion in New Markets Tax Credit Allocations AnnouncedOn 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 SectorHope 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
NewsGoogle Announces New $50 Million Investment in CDFIs and Black CommunityOn 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
NewsOFN Announces First Round of Google Loans and Google.org-funded GrantsOn 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
EventsNeighborhood Tours at OFN Conference Showcase CDFIs in ActionCDFIs 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
NewsOFN Member CEO Talks CDFIs in Forbes Article on Impact InvestingRecently, 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
VoicesIFF CEO Shares Why Community Developers Should Care about Early EducationRecently, 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
Events, NewsOFN Members Gather in Montana for Northwest Regional MeetingOpportunity Finance Network’s Northwest Regional Meeting took place on Tuesday, July 23, in beautiful Missoula, Montana. CDFIs engaged in a productive day of learning and networking at the Residence Inn in downtown… July 30, 2019
Events, NewsOFN Team Visits Los Angeles for West Regional MeetingRecently, the Opportunity Finance Network team headed to the West Coast to visit member CDFIs and host the West Regional Meeting. The team began their trip on June 26 with… July 8, 2019