VoicesFive Ways Lenders Can Interrupt Racism and Provide Restorative-Justice CapitalRecently Impact Alpha published an article by Joe Neri, CEO of OFN member IFF, entitled “Five Ways That Lenders Can Interrupt Racism… April 12, 2021
NewsLisa Mensah Joins Goldman Sachs ‘One Million Black Women’ Advisory CouncilOn March 9, Goldman Sachs announced its new One Million Black Women (OMBW) initiative, a $10 billion investment to positively impact at least one million Black women… March 10, 2021
NewsFirst Finance Justice Fund Loans AnnouncedOFN is excited to announce the first two Finance Justice Fund recipients. Congratulations to Indianapolis Neighborhood Housing Partnership (INHP) and IFF, two CDFIs going deep to combat… February 22, 2021
NewsComcast Announces $5 million Grant Program for BIPOC-owned Small BusinessesComcast has announced the next element of Comcast RISE – the Comcast RISE Investment Fund. This $5 million grant program will provide 100 individual… February 9, 2021
NewsBlack-Led CDFIs to Help Drive More Than $40 Million in Google Funding to Black-Owned BusinessesMinority-led CDFIs — like minority-owned businesses — often face an uneven playing field when it comes to accessing capital to grow their… February 9, 2021
EventsBill Clinton Joins CDFI Leaders to Discuss Power of CDFIs for Inclusive Economic RecoveryOn February 2, former President Bill Clinton joined leaders from across the CDFI, political, philanthropic, and corporate sectors to talk about how… February 8, 2021
VoicesRaza Development Fund Offers Covid Relief to Latino Small Businesses with Wells Fargo GrantLatino small business owners are the fastest-growing group of entrepreneurs in the U.S. As of 2020, there are 1.1 million minority-owned small businesses, which… February 4, 2021
VoicesPhilanthropy News Digest Interview with OFN President and CEO Lisa MensahAfter serving for two years as under secretary of agriculture for rural development in the Obama administration, Lisa Mensah joined OFN as… January 15, 2021
NewsStarbucks Announces $100 Million Investment in CDFIs and Other Impact-focused Financial InstitutionsOn January 12, Starbucks announced new initiatives as part of its long-standing commitment to use its scale and platform to positively impact the communities… January 12, 2021