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Blog

Tag: Impact Investing

News

New EBA Fund Offers Critical Support to Six OFN Member Microlenders

In early December, The Aspen Institute and the Microfinance Impact Collaborative announced the creation of the Entrepreneur Backed Assets (EBA) Fund, which will…

December 21, 2020
News

Finance Justice Fund Now Open for Applications

The Finance Justice Fund is now open for applications from OFN member CDFIs! Announced on November 12 during the 2020 OFN Virtual Conference, the Finance Justice Fund…

December 15, 2020
News

Four CDFIs Receive Grow with Google Small Business Fund Loans and Google.org Grants

In OFN’s most recent round of Grow with Google Small Business Fund loans and Google.org-funded grants, four CDFIs have received a total of $8.5 million…

December 14, 2020
Voices

OFN Conference Reflections: Investing in Climate Solutions for the Environment and the Economy

During a November 12 panel “Investing in Climate Solutions for the Environment and the Economy” at the virtual 2020 OFN Conference, I had…

December 1, 2020
News

Announcing the New Finance Justice Fund

OFN announced the launch of the new Finance Justice Fund on November 12 during the final day of the 2020 OFN Conference. The Finance Justice Fund is a socially…

November 16, 2020
News

OFN and HSBC Bank Deploy $25 Million Through CDFI Investment Fund

In August 2018, OFN and HSBC Bank USA established the Good to Grow CDFI Investment Fund (G2G Fund) to expand the flow of…

July 16, 2020
News

$10 Million Netflix Investment in HOPE Credit Union Sets Example for Private Sector

Hope Enterprise Corporation/Hope Credit Union (HOPE), a community development financial institution (CDFI) based in Jackson, Mississippi, will use a $10 million investment from Netflix to import capital…

July 9, 2020
News

OFN Awarded Grant from Newly Established Tipping Point Fund on Impact Investing

The Tipping Point Fund on Impact Investing (TPF), a donor collaborative vehicle with a mission of scaling the practice of impact investing, announced its…

July 8, 2020
News

Netflix to Invest 2% of Cash Holdings in CDFIs and Other Organizations Serving Black Communities

Netflix Director of Talent Acquisition Aaron Mitchell and Director of Treasury Shannon Alwyn announced in a June 30 blog post that the company will…

June 30, 2020
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