Brownsville,TX, is “the poorest city in the poorest county in one of the poorest states in the U.S.,” says Nick Mitchell-Bennett, Executive Director of Rio Grande Valley Multibank (RGVMB).

Members of OFN’s Strategic Communications team and a film crew of two hit the road last week,  filming on location for one of the Awardees of the 2016 Wells Fargo NEXT Awards for Opportunity Finance.

This week OFN announced a commitment with the Clinton Global Initiative, following the launch of Venturize. 2016 Wells Fargo NEXT Award finalists were announced. Enterprise Community Partners explored research relating to LIHTC, and more!

With nearly 60% of Americans struggling with financial health, and a growing number of households turning to high-cost alternative financial products and services, CDFIs are needed more than ever to expand their role and provide this market with affordable and responsible products.

The Financial Solutions Lab (FinLab) is a 5-year, $30 million initiative managed by the Center for Financial Services Innovation (CFSI) with founding partner JPMorgan Chase & Co.