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Blog

Tag: Rural

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

Rural Monitor Features CDFI Work in Rural Healthcare

On December 4, the Rural Health Monitor—a publication of the Rural Health Information Hub that focuses on healthcare and population health in rural communities—published an article entitled…

December 4, 2019
News

OFN Members Partner with Mary Reynolds Babcock Foundation on Rural Development in Appalachia

In 2016, OFN member Fahe received $50 million in loan awards from the USDA Community Facilities Relending Program to pursue its mission: ending persistent…

October 30, 2019
News

Uplift America Fund 2018 Progress Report Released

OFN and Mary Reynolds Babcock Foundation have released the 2018 Uplift America Fund Progress Report, which documents successes and lessons learned in the…

September 4, 2019
News

House and Senate Begin Work on Extension of the New Markets Tax Credit

The authorization for the New Markets Tax Credit (NMTC) is set to expire at the end of 2019 and Congress has begun…

July 2, 2019
Voices

California FarmLink Cultivates Creative Capital for Underserved Farmers

This is the fifth in a six-part series spotlighting CDFIs in the Wells Fargo Works for Small Business®: Diverse Community Capital program…

June 4, 2019
News

OFN CEO Lisa Mensah Lauds Rural CDFIs in National Publication

The Daily Yonder, a publication focused on rural issues, featured an article by OFN President and CEO Lisa Mensah this week underscoring the valuable role CDFIs play in…

May 14, 2019
Voices

NCIFund Strengthens Community Development Work in Appalachia and the Southeast with OFN Financing

With the support of recent financing from OFN, CDFI Natural Capital Investment Fund (NCIFund) is continuing to strengthen its community development work…

May 3, 2019
News

CDFI Leaders’ Op-Ed Calls for CRA Reform To Tackle Rural Poverty

American Banker recently published an op-ed authored by CDFI leaders Bill Bynum (Hope Enterprise Corporation), Chrystel Cornelius (First Nations Oweesta Corporation), and…

April 22, 2019
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