OFN Welcomes 19 New Member CDFIs
Since we last welcomed new OFN members back in April, we have had 19 CDFIs join our network. We welcome our newest members! Learn…
Blog
Tag: OFN Membership
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…
$3.5 billion in New Markets Tax Credit Allocations Announced
On July 15, the CDFI Fund announced $3.5 billion in New Markets Tax Credit (NMTC) allocations through the 2019 allocation round to 76 community…
$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…
Google Announces New $50 Million Investment in CDFIs and Black Community
On June 17, Alphabet and Google Sr. Vice President & CFO Ruth Porat published a blog post regarding the company’s commitment to helping small businesses…
OFN Announces First Round of Google Loans and Google.org-funded Grants
On June 17, OFN announced the first round of Grow with Google Small Business Fund loans and grants funded by Google.org. Five…
Neighborhood Tours at OFN Conference Showcase CDFIs in Action
CDFIs in Action Tours at the OFN Conference are an opportunity for Conference co-hosts to highlight interesting lending successes in the region. Choose any…
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…
IFF CEO Shares Why Community Developers Should Care about Early Education
Recently, OFN member IFF published a blog by CEO Joe Neri about why CDFIs should care more about developing early childhood education centers. “No…