Blog

Tag: Racial Equity

Black-Led CDFIs to Help Drive More Than $40 Million in Google Funding to Black-Owned Businesses

Minority-led CDFIs — like minority-owned businesses — often face an uneven playing field when it comes to accessing capital to grow their…

February 9, 2021

Events

Bill Clinton Joins CDFI Leaders to Discuss Power of CDFIs for Inclusive Economic Recovery

On February 2, former President Bill Clinton joined leaders from across the CDFI, political, philanthropic, and corporate sectors to talk about how…

February 8, 2021

Voices

Raza Development Fund Offers Covid Relief to Latino Small Businesses with Wells Fargo Grant

Latino small business owners are the fastest-growing group of entrepreneurs in the U.S. As of 2020, there are 1.1 million minority-owned small businesses, which…

February 4, 2021

Voices

Philanthropy News Digest Interview with OFN President and CEO Lisa Mensah

After serving for two years as under secretary of agriculture for rural development in the Obama administration, Lisa Mensah joined OFN as…

January 15, 2021

News

Starbucks Announces $100 Million Investment in CDFIs and Other Impact-focused Financial Institutions

On January 12, Starbucks announced new initiatives as part of its long-standing commitment to use its scale and platform to positively impact the communities…

January 12, 2021

Voices

ACE Accelerates Growth and Resiliency of Diverse Businesses with Wells Fargo Grant

The magnitude of this global pandemic’s impact on small business is extraordinary, posing an unparalleled economic danger to families and communities. Unwavering…

December 10, 2020

Voices

A Conversation with Finance Pioneer Inez Long

At the OFN Annual Conference, OFN awarded financial crusader Inez Long with the 2020 Ned Gramlich Lifetime Achievement Award for Responsible Finance. Presented annually, the Gramlich…

November 20, 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

News

OFN President and CEO Lisa Mensah Amplifies the CDFI Message

OFN’s President and CEO Lisa Mensah continues to amplify the CDFI voice boldly and broadly as CDFIs work deeply in rural, urban…

October 30, 2020