News New Grow with Google Small Business Loans Announced CDFIs are on the front lines of the fight for social, economic, and political justice, and they are financial first responders during crisis. In… August 28, 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 7 OFN Member CDFIs Included in $1.7 Billion MacKenzie Scott Pledge On July 28, philanthropist MacKenzie Scott posted an update on Medium.com about a pledge she made last year to donate a majority of her wealth. In her announcement she… July 29, 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 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… July 21, 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 $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… July 15, 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