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Blog

Category: News

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
News

OFN Receives Largest Grant in 35-Year History from Wells Fargo to Support Finance Justice Fund

On June 17, OFN announced that Wells Fargo is committing a $25 million grant to the Finance Justice Fund to help tackle…

June 17, 2021
News

Google Meets $50 Million Commitment to Support Black-Owned Businesses

OFN and Google continue to direct significant investment and grant capital to CDFIs working on the ground to help small businesses in…

June 17, 2021
News

CDFI Fund Awards Historic $1.25 Billion in Rapid Response Grants

The Community Development Financial Institutions Fund (CDFI Fund) awarded $1.25 billion in emergency financial assistance to 863 CDFIs, the largest single funding…

June 15, 2021
News

PPP Winds Down with CDFIs as Top Lenders

The application window for PPP loans closed on May 31 and the final numbers are in. Community Financial Institutions (CFIs) — a…

June 10, 2021
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In accordance with federal laws and U.S. Department of the Treasury policy, this organization is prohibited from discriminating on the basis of race, color, national origin, sex, age, or disability. To file a complaint of discrimination, write to: U.S. Department of the Treasury, Director, Office of Civil Rights and Equal Employment Opportunity 1500 Pennsylvania Avenue, N.W., Washington, DC 20220; call (202) 622-1160; or send an e-mail to: [email protected].

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