OFN Members Testify before Congress in Support of Financial Inclusion
Last week, several OFN members testified in Houston, Texas, before the House Financial Services Subcommittee on Oversight and Investigations on the topic of…
Blog
Tag: Affordable Housing
Google invests $50 Million in OFN Member Tech Fund
In July, Google announced it is making a $50 million investment in OFN member Housing Trust Silicon Valley’s TECH Fund. Google’s investment is…
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…
Wells Fargo to Donate $1 Billion to Address Housing Affordability Crisis
On June 5, Wells Fargo announced an evolution of its philanthropic strategy to help address three critical issues affecting underserved communities: housing affordability, financial…
Opioid Recovery Housing Facility Funded by OFN Member Breaks Ground in Michigan
Andy’s Place, a 50-unit residential facility developed as part of the Michigan Permanent Recovery Supportive Housing (PRSH) initiative in response to Michigan’s…
Silicon Valley Tech Company Adds $10 Million to CDFI Affordable Housing Fund
Cloud data services company NetApp recently announced a $10 million investment to build and preserve low-cost housing in the Bay Area as…
Nonprofit Partnership Invests $8 Million in Affordable Housing in Central Florida
Established through a partnership between OFN members Florida Community Loan Fund and New Jersey Community Capital, as well as Central Florida Foundation,…
19 OFN Members Receive Awards for Affordable Housing
Today, the U.S. Department of Treasury’s CDFI Fund announced 38 recipients of the FY 2018 Capital Magnet Fund Award, totaling $142.9 million…