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Blog

Category: News

News

OFN President Lisa Mensah Talks CDFIs on CNBC’s On the Money

On March 9, CNBC aired its weekly show “On the Money” featuring a segment highlighting the important role CDFIs play in the…

March 26, 2019
News

OFN Member Ceyl Prinster Testifies at House Small Business Subcommittee Hearing

On March 7 during a hearing entitled “Small but Mighty: A Review of the SBA Microloan Program,” a panel of lenders, entrepreneurs,…

March 26, 2019
News

$150 Million in Catalytic Capital to Help Address Critical Social Challenges

The John D. and Catherine T. MacArthur Foundation today launched the Catalytic Capital Consortium, dedicating $150 million to help address financing gaps…

March 12, 2019
News

Nonprofit Partnership Invests $8 Million in Affordable Housing in Central Florida

Established through a partnership between OFN members Florida Community Loan Fund and New Jersey Community Capital, as well as Central Florida Foundation,…

March 5, 2019
News

Impact Investments Bring Affordable Renewable Energy to Maine Towns

OFN member Coastal Enterprises, Inc. (CEI) recently partnered with conservation organization The Nature Conservancy (TNC) to help finance the installation of a…

March 5, 2019
News

Lisa Mensah Speaks on #MeToo Panel at Global Alliance for Banking on Values Summit

On February 19 and 20, OFN CEO and President Lisa Mensah and EVP of Membership Seth Julyan joined OFN members, allies, and…

March 4, 2019
News

House Appropriations Subcommittee Holds First Hearing Ever on the CDFI Fund

On February 26, four CDFI leaders from around the United States met at the Rayburn House Office Building in Washington, D.C., to…

March 1, 2019
News

Wells Fargo Announces $18.5 Million in Grants to Nine OFN Members

On February 27, the Wells Fargo Works for Small Business: Diverse Community Capital program announced the nine recipients of its latest $18.5…

February 28, 2019
News

OFN Board Member Marla Bilonick Testifies at House Small Business Committee Hearing

On February 7, the House Small Business Subcommittee on Economic Growth, Tax, and Capital Access held a hearing to examine the challenges…

February 22, 2019
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