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Blog

Category: News

News

Morgan Stanley Awards OFN $5 Million Grant for Smaller CDFIs

On August 3, Morgan Stanley and OFN announced Morgan Stanley has awarded $5 million in funding to OFN for pass-through grants of approximately…

August 3, 2020
News

7 OFN Member CDFIs Included in $1.7 Billion MacKenzie Scott Pledge

On July 28, philanthropist MacKenzie Scott posted an update on Medium.com about a pledge she made last year to donate a majority of her wealth. In her announcement she…

July 29, 2020
News

OFN Awards Small CDFI Grants to 19 Members

OFN is pleased to announce the 19 awardees of the Small CDFI Unrestricted Grant Program. The Small CDFI Unrestricted Grant Program provided $50,000…

July 23, 2020
News

SBA Announces New Community Advantage Recovery Loan Program

The Small Business Administration (SBA) recently announced a new COVID-19 recovery program, the Community Advantage (CA) Recovery Loan Program, that allows eligible CA Lenders…

July 22, 2020
News

OFN Awards Second Round of Google Financing

OFN is pleased to announce the second round of Grow with Google Small Business Fund loans and Google.org-funded grants. In this round,…

July 22, 2020
Events, News

Asking and Answering “Where Do We Go from Here?”

What is systemic racism? How can we rise to today’s calls for equity and justice for Black lives? What role can and…

July 22, 2020
News

OFN Welcomes 19 New Member CDFIs

Since we last welcomed new OFN members back in April, we have had 19 CDFIs join our network. We welcome our newest members! Learn…

July 21, 2020
News

OFN and HSBC Bank Deploy $25 Million Through CDFI Investment Fund

In August 2018, OFN and HSBC Bank USA established the Good to Grow CDFI Investment Fund (G2G Fund) to expand the flow of…

July 16, 2020
Events, News

The 2020 OFN Conference is Going Virtual!

Get ready! We’re taking the 2020 OFN Conference virtual! After deep consideration, we are moving forward with an adapted Conference format this year that…

July 15, 2020
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