Blog

Tag: Grants

Uplift America Fund 2019 Progress Report Now Available

OFN and Mary Reynolds Babcock Foundation have released the 2019 Progress Report for the Uplift America Fund, a partnership that leverages federal…

November 3, 2020

News

OFN Awards 70 COVID-19 Grants to Smaller Member CDFIs

OFN is pleased to announce 70 awardees of the COVID-19 CDFI Grant Program, totaling $4.9 million in funding. Generously supported by Morgan Stanley, this program aims to deliver critically-needed flexible…

November 2, 2020

Voices

DreamSpring Offers Affordable Alternative to Predatory Loans with Wells Fargo Grant

This post was written by OFN Blog guest author Mary Perkins, Director of Philanthropy, DreamSpring. DreamSpring is a recipient of a Wells…

September 28, 2020

News

OFN Members Receive $110.5 Million from the CDFI Fund

On September 24, the Community Development Financial Institutions Fund (CDFI Fund) awarded $204.1 million in grants and loans to 397 community development…

September 24, 2020

News

Members of Congress Champion CDFIs as COVID Relief Talks Stall

OFN is very disappointed that COVID relief negotiations between Congressional leaders and the Trump Administration have broken down, especially as the health…

August 10, 2020

News

Morgan Stanley Awards OFN $5 Million Grant for Smaller CDFIs

On August 3, Morgan Stanley and OFN announced Morgan Stanley has awarded $5 million in funding to OFN for pass-through grants of approximately…

August 3, 2020

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

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

News, Voices

Wells Fargo Launches $400 Million Small Business Recovery Effort

In April 2020, Wells Fargo CEO Charlie Scharf made an industry-leading commitment to donate all gross processing fees from the Paycheck Protection Program back…

July 9, 2020