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…
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Tag: COVID-19
Members of Congress Champion CDFIs as COVID Relief Talks Stall
OFN is very disappointed that COVID relief negotiations between Congressional leaders and the Trump Administration have broken down, especially as the health…
Lisa Mensah and Nate Hurst on “American Resilience: The Future of Small Business”
On July 30, OFN’s president and CEO Lisa Mensah spoke with Wells Fargo’s Nate Hurst, EVP, Sustainability & Social Impact, about “American…
Meet OFN Summer Intern Holly Yu!
Ordinarily OFN has the great fortune of hosting a remarkable group of interns each summer. However, 2020 is no ordinary year and unfortunately we had…
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…
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…
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…
SBA Announces New Community Advantage Recovery Loan Program
The Small Business Administration (SBA) recently announced a new COVID-19 recovery program, the Community Advantage (CA) Recovery Loan Program, that allows eligible CA Lenders…
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,…