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Blog

Category: News

News

Amber Kuchar-Bell Joins OFN as Chief Strategy and Operations Officer

OFN is pleased to announce that Amber Kuchar-Bell, a professional with a demonstrated history of driving capital to underserved communities, has joined…

July 26, 2021
News

House Appropriations Committee Approves $330 Million for CDFI Fund in FY 2022

Updated July 8, 2021 On June 24, the House Financial Services and General Government (FSGG) Subcommittee held a markup and approved their…

July 24, 2021
News

Persistent Poverty and the Prevalence of CDFIs

In new research supported by the Robert Wood Johnson Foundation, Opportunity Finance Network shows the traditional measure of persistent poverty by county…

July 15, 2021
News

Three New Finance Justice Fund Recipients Announced

OFN is pleased to announce the latest recipients of Finance Justice Fund loans and grants! Congratulations to the following OFN member CDFIs…

July 13, 2021
News

Morgan Stanley Awards $21.7 Million to OFN to Support CDFI Industry and Equitable Recovery

OFN is pleased to announce Morgan Stanley has awarded $21.7 million in funding to support human capital and professional development for the…

July 13, 2021
News

Lisa Mensah Testifies at Senate Hearing on Access to Housing

On June 24, the Senate Banking, Housing, and Urban Affairs Committee held a hearing on “Examining Bipartisan Bills to Increase Access to…

July 12, 2021
News

Woodforest National Bank and American Express National Bank Commit $8.8 Million to CDFIs

Opportunity Finance Network (OFN) is pleased to announce new flexible capital resources available to CDFIs through the expansion of the CDFI Community…

July 1, 2021
News

OFN President and CEO Lisa Mensah Joins Treasury, Black Leaders for Racial Equity Roundtable

On June 30, Secretary of the Treasury Janet L. Yellen and Deputy Secretary of the Treasury Wally Adeyemo hosted a group of…

July 1, 2021
News

OFN Board Nominations Open for 2021

Nominations open today for the 2021 OFN Board Elections. This year, OFN members will cast votes to fill five seats up for…

July 1, 2021
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