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Blog

Category: News

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
News

$3.5 billion in New Markets Tax Credit Allocations Announced

On July 15, the CDFI Fund announced $3.5 billion in New Markets Tax Credit (NMTC) allocations through the 2019 allocation round to 76 community…

July 15, 2020
News

$10 Million Netflix Investment in HOPE Credit Union Sets Example for Private Sector

Hope Enterprise Corporation/Hope Credit Union (HOPE), a community development financial institution (CDFI) based in Jackson, Mississippi, will use a $10 million investment from Netflix to import capital…

July 9, 2020
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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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