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...wealth gap persists: White families have nearly eight times the median wealth of Black families and five times more than Hispanic families. The Black and white homeownership gap at 45% versus 75%, respectively,...
...grant support from PCV’s supporters. Co-created and deployed with several local BIPOC-led community organizations, the Oakland Fund became our precedent for reimagining a community-centered, decolonized capital approach to lending. The...
...Chair Donna Gambrell and former CDFI Fund Director Annie Donovan coauthored an op-ed in American Banker. The message? It’s time to move forward with these long overdue reforms to CDFI certification. Reforms to...
...places for decades to come. The final rule gives automatic favorable consideration to bank loans and investments in certified CDFIs, calling CDFI certification “a critical guardrail” to ensure inclusive community...
...and the CDFI industry. Follow us on X, Facebook, Instagram, and LinkedIn. Subscribe More From OFN Senate Appropriations Committee Recommends Increased Budget for CDFI Fund Members of the Senate continue to advocate for the CDFI Fund,...