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Blog

Category: News

Events, News

OFN Members Gather in Montana for Northwest Regional Meeting

Opportunity Finance Network’s Northwest Regional Meeting took place on Tuesday, July 23, in beautiful Missoula, Montana. CDFIs engaged in a productive day of learning and networking at the Residence Inn in downtown…

July 30, 2019
News

Wells Fargo Donates Additional $7.9 Million for Small Business Growth

Wells Fargo announced another new boost to diverse small businesses today with $7.9 million in grants from its Diverse Community Capital program, which…

July 25, 2019
Events, News

OFN Team Visits Los Angeles for West Regional Meeting

Recently, the Opportunity Finance Network team headed to the West Coast to visit member CDFIs and host the West Regional Meeting. The team began their trip on June 26 with…

July 8, 2019
News

OFN Partners with HSBC Bank on EQ2 Investment in Grameen America

Providing affordable, responsible financing to underserved borrowers often requires creative capital structures. Recognizing the unique needs of CDFIs to drive meaningful impact…

July 8, 2019
News

House and Senate Begin Work on Extension of the New Markets Tax Credit

The authorization for the New Markets Tax Credit (NMTC) is set to expire at the end of 2019 and Congress has begun…

July 2, 2019
News

House Votes for Record Funding for CDFI Fund Programs

On June 26, 2019, the House passed the Fiscal Year (FY) 2020 Financial Services and General Government (FSGG) Appropriations bill, H.R. 3351 by a…

July 1, 2019
News

Wisconsin Rapids Daily Tribune Features OFN Member’s Work to Support Local Shopping Movement

Recently, Wisconsin Rapids Daily Tribune featured OFN member Wisconsin Women’s Business Initiative Corporation (WWBIC) in an article about the building momentum for the local shopping movement as…

June 28, 2019
News

New Awards Program Honors Native CDFIs

Nationwide, Native CDFIs help tribal communities overcome barriers to economic development and capital access. Led and run by tribal members, nearly 70…

June 28, 2019
News

FIELD at the Aspen Institute Is Now the Business Ownership Initiative

FIELD at the Aspen Institute is changing its name to the Business Ownership Initiative, which is an update to better reflect and communicate…

June 26, 2019
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