News OFN Board of Directors Visits Our Nation’s Capital During their May 14th visit to Washington, D.C., OFN’s Board of Directors hit the ground running by holding 17 meetings with federal… May 29, 2019
News $3.5 Billion in New Markets Tax Credit Allocations Awarded On May 23, the Community Development Financial Institutions Fund (CDFI Fund) allocated $3.5 billion in New Market Tax Credits to 73 community development… May 28, 2019
News OFN CEO Lisa Mensah Introduces Five Aspen Job Quality Fellows Focused on Capital Deployment In a blog post published today by the Aspen Institute, OFN President and CEO Lisa Mensah introduced five of the Aspen Institute Economic Opportunities Program’s 2018-2019… May 21, 2019
News OFN CEO Lisa Mensah Lauds Rural CDFIs in National Publication The Daily Yonder, a publication focused on rural issues, featured an article by OFN President and CEO Lisa Mensah this week underscoring the valuable role CDFIs play in… May 14, 2019
News Download the Small Business Credit Survey Report on Employer Firms The Small Business Credit Survey, a national collaboration of the 12 Federal Reserve Banks, shows continued revenue and employment growth at small businesses… May 10, 2019
News Opioid Recovery Housing Facility Funded by OFN Member Breaks Ground in Michigan Andy’s Place, a 50-unit residential facility developed as part of the Michigan Permanent Recovery Supportive Housing (PRSH) initiative in response to Michigan’s… May 3, 2019
News Announcing Two Promotions and New Faces at OFN! Congratulations to Christopher Chaplin who has been promoted from Senior Associate to Investment Officer and Khalid Sarwary who has been promoted from… May 3, 2019
News Second Tranche of IRS Opportunity Zone Regulations Released The IRS and Department of the Treasury released the long-awaited second tranche of regulations for Opportunity Zones in mid-April. The first round… May 2, 2019
News OFN Continues to Advocate for Opportunity Zone Reporting Requirements and Community Accountability OFN continues to express our concerns that without strong reporting and transparency requirements, the communities impacted by Opportunity Zone investment will have… May 2, 2019