OFN is the leading public policy voice for the CDFI industry. On behalf of and alongside our CDFI network, partners, and other stakeholders, we work to shape public policies that enable CDFIs to provide transformational opportunity in rural, Native, and urban communities nationwide.
OFN’s network includes more than 250 performance-oriented CDFIs that provide fair, responsible lending to create jobs, stimulate small businesses, build affordable homes, and support community facilities. CDFIs deliver sound financial returns and real changes for people and communities.
With more than $53 million in cumulative financing since inception through 2016, OFN member CDFIs have helped to create or maintain more than 1.2 million jobs, start or expand more than 256,000 businesses and microenterprises, and support the development or rehabilitation of more than 1.9 million housing units and 10,429 community facility projects. In 2016, OFN’s members had a net charge-off ratio of 0.35%, outperforming FDIC-insured institutions whose ratio in that same time period was 0.47%.
Public Policy Priorities: OFN’s policy priorities are grounded in the direct market experiences of our CDFI members.
Advocacy Tools and Fact Sheets: Use our advocacy toolkits and fact sheets to inform policymakers about the CDFI industry and advocate for CDFIs.
Public Policy Communications: Search archived OFN communications with Members of Congress, as well as federal agencies and regulators.
Take Action: Help amplify the voice of the CDFI industry through action. Visit the Policy Action Center for action alerts and news from OFN’s public policy team.
CDFI Coverage Map: See where CDFIs work on the ground and the extensive national footprint of the CDFI industry.
For more information about OFN public policy initiatives, contact Jennifer A. Vasiloff, Chief External Affairs Officer, at 202.573.2123.