News

Inside Philanthropy took a look at the unique way CDFIs help support disinvested communities and individuals.

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.

CDFIs are high-impact investors that boldly bring innovative and transformative capital to the hardest to serve markets.

Five CDFIs delivering innovative strategies to meet diverse consumer needs, are set to receive a cumulative $4MM from the Wells Fargo NEXT Awards for Opportunity Finance.