OFN strongly opposes the elimination of funding for the Department of Treasury’s Bank Enterprise Award (BEA) program and the Capital Magnet Fund (CMF) as proposed by the rescissions package released earlier this week by the Trump Administration. Today, OFN sent a letter expressing our position to the Chairs and Ranking Members of the Appropriations Committees and FSGG Subcommittees.
NEW YORK, NY--(Marketwired - April 04, 2017) - In a first-ever move of its kind, the Local Initiatives Support Corporation (LISC) is issuing $100 million in general obligation bonds to help accelerate its work around economic opportunity and drive investment capital into distressed urban and rura
CDFIs are invited to complete an expression of interest form for the new joint venture between OFN and Woodforest National Bank: the CDFI Community Investment Fund, LLC.
A senior living community designed for every income bracket broke ground in Clovis, CA. The project dubbed Magnolia Crossing, will consist of three custom homes that take a completely different approach to senior living.