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Blog

Category: News

News

CDFI Fund Opens First Funding Round for Small Dollar Loan Program

The CDFI Fund has opened the first funding round for the Small Dollar Loan Program (SDL Program). SDL Program funding is intended…

April 28, 2021
News

American Express to Invest $40 Million in Underfunded Small Businesses through Accion Opportunity Fund

On April 20, American Express and OFN member Accion Opportunity Fund announced a new program to provide loans and other resources to…

April 21, 2021
News

Three OFN Member CDFIs Named in Top 50 Best Nonprofits to Work For

Recently NonProfit Times, a leading publication for nonprofit managers, named three OFN member CDFIs among its top 50 best places to work…

April 13, 2021
News

Biden Budget Proposal of $330 Million for CDFI Fund Falls Short

On April 9, President Biden released his long-awaited budget proposal outlining his administration’s federal spending priorities for fiscal year (FY) 2022. The…

April 9, 2021
News

Grow with Google Small Business Fund Marks One Year

From the first days of COVID-19, CDFIs have been on the pandemic’s front line, providing financial support and services to small businesses,…

April 8, 2021
News

Annual OFN ‘Side by Side’ CDFI Report Now Available

OFN recently released the 22nd edition of its Side by Side publication, an annual reference guide for CDFI industry practitioners, investors, and others interested in assessing…

April 7, 2021
News

Twitter Highlights Finance Justice Fund in First Global Impact Report

On April 7, Twitter released its first Global Impact Report, which shines a light on various initiatives throughout the company that are making…

April 7, 2021
News

President Biden Releases Infrastructure Plan

Last week President Biden laid out the framework for his $2.25 trillion infrastructure plan. The American Jobs Plan touches on a number of CDFI…

April 6, 2021
News, Voices

In Gratitude to a Departing OFN Leader

A message from Donna Gambrell, Board Chair at Opportunity Finance Network: On behalf of the OFN board, I’d like to express a deep appreciation…

March 31, 2021
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