Press Releases

  • View press announcements from OFN


Two Outstanding Leaders are Recognized for Commitment to Building Economies in Native Communities at the 11th Annual Native Award Ceremony
October 27, 2016

Elsie Meeks Accepts 2016 Ned Gramlich Award for Her Role in Bringing CDFIs to Native Communities in South Dakota
Former USDA Rural Development State Director Honored with Opportunity Finance Industry’s Highest Award for Dedication to Native Economic Development
October 26, 2016

Goldman Sachs 10,000 Small Businesses, the Surdna Foundation, and Opportunity Finance Network Recognize Four CDFIs for Innovation, Impact, and Growth in Small Business Lending
Mission-driven lenders win award for their transformative financing strategies in disinvested communities
October 26, 2016

Atlanta Nonprofit Wins National Grant to Bring Economic Equality to Low-Income Communities
October 18, 2016

NEXT Awards Funds Innovation, Provides Increased Access to Responsible Consumer Finance Products
CDFIs Win $4 Million to Serve Customers in Disinvested Communities
August 17, 2016

Opportunity Finance Network Announces Clinton Global Initiative Commitment to Support 250,000 Small Business Owners
Venturize helps women small business owners and entrepreneurs of color borrow confidently
June 14, 2016

Opportunity Finance Network Launches National Campaign for Small Business Owners
'Venturize' Connects Small Business Owners with Smart Financing Options
June 8, 2016

Mark Pinsky Steps Down as OFN's President & CEO
June 1, 2016

New Players, Trusted Game: Millennials Hack Social Reform Through Community Investment
March 17, 2016


Two Outstanding Leaders are Recognized for Commitment to Building Economies in Native Communities
November 12, 2015

Minnesota CDFI Receives Small Business Leader Award for Mission-Driven Lenders
Goldman Sachs and Surdna Foundation Program Awards $50,000 to Meda for Accelerated Growth in Lending to Entrepreneurs of Color
November 11, 2015

Moises Loza of Housing Assistance Council to Receive OFN's 2015 Ned Gramlich Award
Executive Director Honored with Industry's Highest Award for Working to Break the Cycle of Poverty in Rural Communities
November 5, 2015

Detroit Nonprofit Wins National Grant to Help City's Most Impoverished Communities
Central Detroit Christian CDC, a Faith-Based Nonprofit Serving Detroit for Over 20 Years, Earns National Recognition for Outstanding Local Impact
October 27, 2015

Opportunity Finance Breaks New Ground with $227 MM in Bond Issues
Breakthrough Bond Issues Give Smaller Lenders First-ever Access to Treasury Bond Program
September 29, 2015

NEXT Awards Funds Leading-Edge Consumer Finance Strategies
CDFIs Win $6 Million to Better Serve Consumers
September 18, 2015

"The Flag May be Down, but the Work Is Not Done"
OFN President and CEO Mark Pinsky pens letter to CDFI Community: "The Confederate flag's removal is emblematic of the commitment we make every day to pursue justice and opportunity for all."
July 13, 2015

CDFI Industry Aims to Protect Small Businesses from Irresponsible Lenders
June 29, 2015

Opportunity Finance Network to Honor Four Members of Congress as Job Creation and Economic Development Champions
May 19, 2015

OFN and Goldman Sachs 10,000 Small Businesses Announce Finance Collaborative Participants
February 10, 2015

Opportunity Finance Network and the Citi Foundation Select Participants for 2015 Citi Leadership Program for Opportunity Finance
January 21, 2015


Kresge makes record $10 million loan commitment to community lenders working in underserved communities
December 22, 2011

$25,000 Grants Awarded to Four CDFIs for Advocacy, Community Impact, Financing, and Innovation
November 16, 2011

Opportunity Finance Network, Federation Sign MOU on Dual Membership
November 15, 2011

Create Jobs for USA Fund Surpasses $1 Million in Donations Since Nov. 1 Launch
November 14, 2011

28 CARS™-Rated CDFIs Awarded Grants from Create Jobs for USA Fund
November 9, 2011

Create Jobs for USA Program Launches in U.S. Starbucks Stores and Online
November 1, 2011

$8.25 Million Awarded to Two Innovative CDFIs to Invigorate Low-Income Communities
October 25, 2011

Starbucks Announces "Create Jobs for USA" Initiative in Collaboration with Opportunity Finance Network
October 3, 2011

National Initiative to Increase Access to Healthy Food Comes to Madison
August 9, 2011

Four CDFIs Vie for $8.25 Million in Awards for Responsible Financing Strategies
August 2, 2011

One of the Leading CDFIs Chooses CARS™ to Provide Its First Public Rating
July 14, 2011

National Initiative to Increase Access to Healthy Food Options Kicks Off in Philadelphia
June 23, 2011

Statement from Opportunity Finance Network on the Future of the Community Development Banking Listserv
June 3, 2011

Opportunity Finance Network and Goldman Sachs Select Participants for 10,000 Small Businesses CDFI Growth Collaborative
May 11, 2011

New Data Reveals 50% of CDFIs That Undergo a CARS™ Analysis Improve Impact Performance in Subsequent Review
April 12, 2011

Statement on New Market Tax Credits by OFN President & CEO Mark Pinsky
February 9, 2011

CARS™ Pioneers are Gearing Up for Their Third Ratings Cycle
February 3, 2011


One Native Community Development Financial Institution and One Individual Honored for Their Commitment to Helping Native Communities
November 5, 2010

Four Leading Community Development Financial Institutions Receive $25,000 from Wachovia Wells Fargo NEXT Awards for Opportunity Finance
November 4, 2010

Opportunity Finance Network, Goldman Sachs’ 10,000 Small Business Initiative Partner to Increase Small Business Lending
November 4, 2010

2010 Ned Gramlich Lifetime Achievement Award for Responsible Finance Awarded to Sister Corinne Floreck of Mercy Partnership Fund
November 3, 2010

Communities at Work Fund™ Announces $60 Million of Loans to Fuel Small Business Lending in Low-Income U.S. Communities
November 3, 2010

Opportunity Finance Network Appoints Wanda Speight as Executive Vice President of Financial Services
October 26, 2010

Wachovia Wells Fargo NEXT Awards for Opportunity FinanceAwards Two Outstanding CDFIs $8.25 Million
Digital Release
October 19, 2010

Four New Small Business Lending CDFIs Become CARS™-Rated in Third Quarter
October 12, 2010

Cathy Dolan Joins Opportunity Finance Network as Chief Operating Officer
October 5, 2010

Opportunity Finance Network Hires Pam Porter as Executive Vice President of Strategic Consulting
September 14, 2010

Statement on ShoreBank by OFN President & CEO Mark Pinsky
August 23, 2010

Wachovia Wells Fargo NEXT Awards for Opportunity Finance Announce 2010 Finalists for $8.25 Million
August 10, 2010

Statement on Bank of America $10 Million Grant Program to CDFIs by Opportunity Finance Network President and CEO Mark Pinsky
July 29, 2010

CARS™ Gains Traction with Investors Who Stipulate That Community Development Financial Institutions (CDFIs) Have a Rigorous Third-Party Rating
July 26, 2010

Opportunity Finance Network Names Jennifer Vasiloff New Executive Vice President of Policy
June 22, 2010

Citi Announces $200 Million Fund to Spur Small Business Lending in Low Income U.S. Communities
May 5, 2010

Trillium Asset Management Adds Another CARS™-Rated CDFI, Coastal Enterprises Inc., to List of Offered Community Investments
April 20, 2010

OFN Supports Treasury CDFI Announcement
February 3, 2010

CARS™ Rates Five CDFIs in the Fourth Quarter and Launches New Annual Subscription Option for 2010
January 14, 2010


Two Native Community Development Financial Institutions Honored for Achievements in Helping Build Native
December 12, 2008

Wachovia NEXT Awards for Opportunity Finance Honor Two Outstanding Community Development Financial Institutions with $8.25 Million
December 10, 2008

Four Leading Community Development Financial Institutions Each Receive $25,000 From Prestigious Wachovia NEXT Awards For Opportunity Finance
December 10, 2008

Opportunity Finance Network Honors Senator Jack Reed with Congressional Champion Award for Creating the Capital Magnet Fund
December 10, 2008

National Credit Union Leader to Receive Prestigious Ned Gramlich Lifetime Achievement Award for Responsible Lending
December 1, 2008

"Best in Class" Community Development Financial Institutions vie for $8.25 Million Wachovia NEXT Awards for Opportunity Finance
October 21, 2008

Amid Economic Turmoil, Responsible Lenders Provide New Policy Recommendations in Timely Book, "The NEXT American Opportunity"
September 22, 2008

"Opportunity NOW. It’s a New Era" - Opportunity Finance Network to hold 24th Annual Conference; Jim Collins, author of Good to Great to Speak at Conference
September 2, 2008

10 Innovative U.S. Finance Institutions Picked to Compete for $8.25 Million Wachovia NEXT Awards for Opportunity Finance
August 4, 2008

Opportunity Finance Network Praises Senate Banking Committee on Passage of Federal Housing Finance Regulartory Reform Act of 2008
May 20, 2008

Opportunity Finance Network Adds Three Senior Executives
April 8, 2008

2008 Round of Multi-Million Dollar Awards Program Opens for Responsible Lenders
April 1, 2008



Four U.S. community development finance leaders win Wachovia Excellence Awards For Opportunity Finance presented by the Opportunity Finance Network
November 2, 2006

Merrill Lynch first to use the new CARS™ ratings tool to underwrite financing for underserved markets.
October 31, 2006

Two Native community development financial institutions receive national awards for excellence
October 31, 2006

New Federal Reserve Chairman Ben Bernanke has agreed to be the keynote speaker at the October 30-November 2, 2006 conference of the Opportunity Finance Network (OFN) in Washington, D.C.
October 27, 2006

Native Communities' experts gather in D.C. to focus on business development, affordable housing, jobs, and asset building strategies
October 27, 2006

Opportunity Finance Network Names New Senior Vice President for Financial Services
June 27, 2006

New Report: U.S. Community Development Financial Institutions Invested $3.5 Billion in 2004
May 22, 2006

Clearinghouse CDFI Receives $2.5 Million Loan from Opportunity Finance Network to Help Address Business Credit Needs in California
April 26, 2006

Opportunity Finance Network Adds Two Senior Executives
April 18, 2006

Bank of America Announces $10 Million Investment in the Opportunity Finance Network
April 17, 2006

New Federal Reserve Chairman Bernanke To Speak At Opportunity Finance Network National Conference
April 12, 2006

Beyond Community Development: $4 Billion “Opportunity Finance Network” Launched to Leverage More Private Capital for Overlooked Communities In U.S.
January 25, 2006