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Blog

Category: News

News

First Finance Justice Fund Loans Announced

OFN is excited to announce the first two Finance Justice Fund recipients. Congratulations to Indianapolis Neighborhood Housing Partnership (INHP) and IFF, two CDFIs going deep to combat…

February 22, 2021
News

23 OFN Members Receive Grants for Affordable Housing

On February 22, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced more than $175 million in grants to 27…

February 22, 2021
News

Comcast Announces $5 million Grant Program for BIPOC-owned Small Businesses

Comcast has announced the next element of Comcast RISE – the Comcast RISE Investment Fund. This $5 million grant program will provide 100 individual…

February 9, 2021
News

Black-Led CDFIs to Help Drive More Than $40 Million in Google Funding to Black-Owned Businesses

Minority-led CDFIs — like minority-owned businesses — often face an uneven playing field when it comes to accessing capital to grow their…

February 9, 2021
News

The Carsey School and OFN – A Partnership for Education and Advancement

The Carsey School of Public Policy at the University of New Hampshire is known throughout New England for its commitment to public service education,…

January 26, 2021
News

Six Grow with Google Small Business Loans, Google.org Grants Announced

As the COVID-19 crisis continues, CDFIs are best positioned to help small minority and women-owned businesses survive and recover from the pandemic’s economic…

January 14, 2021
News

Starbucks Announces $100 Million Investment in CDFIs and Other Impact-focused Financial Institutions

On January 12, Starbucks announced new initiatives as part of its long-standing commitment to use its scale and platform to positively impact the communities…

January 12, 2021
News

Rocky Start as SBA Re-opens Next Round of PPP Lending

As America reckons with a Titanic scale economic impact from COVID-19, we can’t afford to wait for relief for small businesses that…

January 12, 2021
News

Participate in the 2020 Census to Increase Federal Funding for Low-income Communities

Did you know that 305 federal financial assistance programs relied on U.S. Census data to allocate $1.5 trillion in funding nationwide during FY 2017? This includes $1.2…

December 29, 2020
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