JPMorgan Chase Delivers Over $1 Billion in Community Development Financing
On May 3, JPMorgan Chase delivered a detailed look at the support it provided in 2021 to help drive inclusive economic growth…
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Tag: Persistent Poverty
Bipartisan Persistent Poverty Bill Introduced in Congress
On February 1, the bipartisan Targeting Resources to Communities in Need Act of 2022 was introduced in both the House and Senate. The bill,…
Persistent Poverty and the Prevalence of CDFIs
In new research supported by the Robert Wood Johnson Foundation, Opportunity Finance Network shows the traditional measure of persistent poverty by county…
First Finance Justice Fund Loans Announced
OFN is excited to announce the first two Finance Justice Fund recipients. Congratulations to Indianapolis Neighborhood Housing Partnership (INHP) and IFF, two CDFIs going deep to combat…
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…
OFN President Addresses CDFI Fund Community Advisory Board
On August 27, the CDFI Fund’s Community Advisory Board held a virtual meeting where OFN President and CEO Lisa Mensah spoke to the group, joining leaders…
OFN Members and Allies Receive More Than $100 Million from CDFI Fund
On November 19, the Community Development Financial Institutions Fund (CDFI Fund) awarded $188.7 million in grants and loans to 284 community development financial…
OFN Members Publish Paper Focused on Tackling Persistent Poverty
Partners for Rural Transformation, a national coalition to advance economic mobility in persistent poverty areas, led by OFN members Communities Unlimited, Fahe, HOPE, First Nations Oweesta…