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  • Welcome Two New Financial Services SVPs to OFN!

    We are delighted to share the news of two new additions to the OFN team. Andrea Longton and Lisa Wright are joining OFN as Senior Vice Presidents (SVP) for Financial Services. Andrea will focus on the OFN CDFI Bond Guarantee Program (BGP) and started ... more
  • OFN Statement on U.S. Treasury's CRA Modernization Recommendations

    Dear CDFI Connect Community, Yesterday, the US Department of the Treasury released recommendations on Community Reinvestment Act modernization. OFN issued a statement to the media and will be monitoring developments closely. Overall, OFN found Treasury's ... more
  • Welcome to the CDFI Women’s Network!

    The CDFI Women's Network (CWN) is an independent, women-led, volunteer organization dedicated to promoting the advancement of women who work for CDFIs or for organizations that support the Community Development Finance industry. CWN creates opportunities ... more

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  • Founded in 1978, RCAC is a 501(c)(3) nonprofit organization that provides training, technical and financial resources and advocacy so low-income rural communities can achieve their goals and visions. Our dedicated staff and active board work to make our vision of vibrant, healthy and enduring rural communities a reality across the West.
  • Founded in 1978, RCAC is a 501(c)(3) non-profit that provides training, technical and financial resources and advocacy so low-income rural communities can achieve their goals and visions. For more than 35 years, our dedicated staff and active board work to make our vision of vibrant, healthy and enduring rural communities a reality across the West.
  • Founded in 1978, RCAC is a 501(c)(3) non-profit that provides training, technical and financial resources and advocacy so low-income rural communities can achieve their goals and visions. Our dedicated staff and active board work to make our vision of vibrant, healthy and enduring rural communities a reality across the West.

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CDFI Connect Blog

  • June has been a busy month on Capitol Hill as both the House and Senate Appropriations Committees approved their respective FY 2019 funding levels for the CDFI Fund.
  • OFN recently submitted comments to the Federal Housing Finance Agency (FHFA) on proposed changes to the regulations of the Federal Home Loan Bank’s (FHLB) Affordable Housing Program (AHP).
  • For those gearing up to join us in Chicago next week for the annual Small Business Finance Forum, this year’s Small Business Partner Showcase will be a major highlight. The tradeshow floor will feature products and services for small business-focused CDFIs and other mission-driven lenders, and will include, for the first time, a first Technology Demo of exciting and innovative products.
  • We are delighted to share the news of two new additions to the OFN team. Andrea Longton and Lisa Wright are joining OFN as Senior Vice Presidents (SVP) for Financial Services.   Andrea will focus on the OFN CDFI Bond Guarantee Program (BGP) and started with us on June 18. She comes to OFN from Freddie Mac. Before that she ran the BGP program at Capital Impact Partners, an OFN member CDFI, and she has prior financial analyst experience. We look forward to taking our BGP work to the next level under Andrea’s leadership and expertise. 
  • A new report from the National Low Income Housing Coalition(NLIHC) shows that workers across the US need to earn more than $15/hour to afford the rent of a two-bedroom apartment. The report, Out of Reach 2018 , demonstrates that the struggle to afford a rental home is not just limited to hourly or minimum-wage workers. NLIHC estimates the average renter's hourly wage in the U.S. is $16.88, which is $5.22 below the two-bedroom Housing Wage, and $1.02 below the one-bedroom Housing Wage.

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