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Tag: Affordable Housing

OFN Members Testify before Congress in Support of Financial Inclusion

Last week, several OFN members testified in Houston, Texas, before the House Financial Services Subcommittee on Oversight and Investigations on the topic of…

September 12, 2019

News

Google invests $50 Million in OFN Member Tech Fund

In July, Google announced it is making a $50 million investment in OFN member Housing Trust Silicon Valley’s TECH Fund. Google’s investment is…

August 20, 2019

News

OFN Member CEO Talks CDFIs in Forbes Article on Impact Investing

Recently, Forbes published an article entitled, “Why You Should Move Your Money To Impact Investing,” which highlights the work of OFN member Enterprise Community Loan…

August 12, 2019

News

Wells Fargo to Donate $1 Billion to Address Housing Affordability Crisis

On June 5, Wells Fargo announced an evolution of its philanthropic strategy to help address three critical issues affecting underserved communities: housing affordability, financial…

June 6, 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

Silicon Valley Tech Company Adds $10 Million to CDFI Affordable Housing Fund

Cloud data services company NetApp recently announced a $10 million investment to build and preserve low-cost housing in the Bay Area as…

April 9, 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

19 OFN Members Receive Awards for Affordable Housing

Today, the U.S. Department of Treasury’s CDFI Fund announced 38 recipients of the FY 2018 Capital Magnet Fund Award, totaling $142.9 million…

February 13, 2019