Celebrating Juneteenth: An Impact Alpha Op-ed
Originally published by ImpactAlpha on June 17, 2021. Celebrating Juneteenth Through Community-based Lending for Vibrant Neighborhoods The promise of freedom was kept…
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Tag: Racial Equity
Register for OFN’s Building Equitable Resilience Forum
The global pandemic, combined with the climate crisis, the increasing spotlight on racial injustice, and the widening wealth gap, have confirmed that…
Five Ways Lenders Can Interrupt Racism and Provide Restorative-Justice Capital
Recently Impact Alpha published an article by Joe Neri, CEO of OFN member IFF, entitled “Five Ways That Lenders Can Interrupt Racism…
Lisa Mensah Joins Goldman Sachs ‘One Million Black Women’ Advisory Council
On March 9, Goldman Sachs announced its new One Million Black Women (OMBW) initiative, a $10 billion investment to positively impact at least one million Black women…
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…
Comcast Announces $5 million Grant Program for BIPOC-owned Small Businesses
Comcast has announced the next element of Comcast RISE – the Comcast RISE Investment Fund. This $5 million grant program will provide 100 individual…
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…
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…
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…