News Goldman Sachs CEO Talks CDFI Partnership on CBS This Morning On April 9, Goldman Sachs CEO David Solomon spoke with Gayle King on “CBS This Morning” about partnering with CDFIs on the new CARES… April 9, 2020
News CNBC Op-Ed: Community Loan Funds Can Fix Flaws in Paycheck Protection Program On April 6, CNBC published an op-ed by Seth Levine, founding partner of Foundry Group, and Elizabeth MacBride, founder of Times of Entrepreneurship, that details… April 7, 2020
News Southern Bancorp CEO Darrin Williams Talks Paycheck Protection Program on Fox News On Saturday, April 4, Southern Bancorp CEO Darrin Williams appeared on Fox News with correspondent Leland Vittert to discuss the rollout of the… April 6, 2020
News OFN Announces Grow with Google Small Business Fund OFN announced today that we are working with Google to launch the Grow with Google Small Business Fund. The $125 million fund will… March 27, 2020
News Congress Enacts $2 Trillion COVID-19 Emergency Response By a vote of 96-0, on March 25 the US Senate passed the CARES (Coronavirus Aid, Relief and Economic Security) Act, which… March 27, 2020
News New COVID-19 Community for OFN Members on CDFI Connect OFN has formed a new COVID-19 community exclusively for OFN members on the CDFI Connect platform. The new members-only COVID-19 community provides a private space… March 24, 2020
News, Voices Piedmont Business Capital Helps Entrepreneurs Withstand COVID-19 Crisis with OFN Financing Based in Greensboro, North Carolina, new OFN member Piedmont Business Capital (PBC) is on a mission to create shared economic prosperity for local minority and women entrepreneurs. With roots dating back to… March 24, 2020
News Opportunity Fund Op-Ed Published by The Hill Calls for $1 Billion for the CDFI Fund On March 21, The Hill published an op-ed entitled “Ensure small business survival during COVID-19 crisis: Fund the CDFI Fund” that urges Congress to allocate $1… March 20, 2020
News Wells Fargo Seeking to Invest Up to $50 Million in Minority Depository Institutions Wells Fargo has announced it is seeking to invest up to $50 million in capital for African American Minority Depository Institutions, or MDIs, as… March 11, 2020