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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

Latest Discussions

  • Posted in: Open Forum

    I appreciate your comments and concerns, Amanda, but respectfully disagree.  Given that our industry is largely based on increasing opportunities and equity, your concerns should be raised and addressed.  From an employer's perspective, paying cash ... read more

  • Posted in: Open Forum

    ​Hello All, This may seem an odd question, wondering if any CDFI's have had a commercial bank re-finance the remaining debt at the end of a NMTC transaction and the bank received CRA credit? Thanks -Cheryl Baur ------------------------------ Cheryl ... read more

  • Posted in: Open Forum

    Thanks, David, We're not looking at the insurance opt-out option as a potential cost saver for the organization.  We see it as a cost-neutral way to offer an additional benefit for our employees.   Can you tell me more about CHS's insurance opt-out ... read more

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Job Bank Feed

  • OFN is a leading national network of CDFIs (community development financial institutions) with offices in Philadelphia and Washington D.C. In pursuit of a mission to align capital with social, economic, and political justice, OFN supports its member CDFIs with money, strength, and voice to drive transformational change in underserved communities nationwide.
  • HR&A Advisors is a top real estate and economic development consulting firm. We provide strategic advisory services for clients in the public, private, and non-profit sectors to solve some of the most complex challenges of urban development. Our projects range in scale from buildings to neighborhoods, public parks to infrastructure systems, and from program design and management to public policy development and implementation.
  • The U.S. Department of the Treasury has a distinguished history dating back to the founding of our nation. As the steward of U.S. economic and financial systems, Treasury is a major and influential leader in todays global economy. We have over 100,000 employees across the country and around the world and we celebrate each individual’s identities and experiences. Our core value of inclusive diversity encourages our employees to be themselves and innovate from their unique perspectives. Come Join the Department of the Treasury and Invest in Tomorrow.

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CDFI Connect Blog

  • Drexel University has announced a new Lab in honor of Jeremy Nowak: "With national and state politics polarized and governments at all levels under enormous fiscal pressure, however, cities and metropolitan areas must pool and combine resources in many forms and from a variety of sectors. In their recent book, The New Localism: How Cities Can Thrive in the Age of Populism,  Jeremy Nowak and fellow urban expert Bruce Katz chronicled the emergence of a new field of metro finance, which is inventing ways of financing the inclusive city by organizing private and civic capital, unlocking public
  • NPR Weekend Edition explores the reality of affordable housing (or lack thereof) in rural America, where one of the problems that residents face is housing that requires significant upgrades in order to make them suitable for today's market, "Many homes here were built for a far different time, before mechanization, when you needed big families to work the farms. Most are outdated. The few that are on the market...often need thousands of dollars worth of upgrades.
  • CDFIs across the country are exploring how to use Opportunity Zones (OZone), the new tax benefit directing equity investments into designated low-income census tracts. The core concept is to move a chunk of investors’ recent stock market gains from equity investment accounts into equity investments in low-income communities.  In one-on-one conversations, at OFN regional meetings, and at the Small Business Finance Forum, CDFIs are strategizing about whether and how this new capital source can be integrated into their work.
  • Registration for OFN’s annual Conference opens today. The largest annual gathering in the industry, the OFN Conference is the place where more than 1,500 CDFI practitioners, investors, funders, and more will gather to learn and celebrate the work we do “This might be the largest OFN Conference to date,” said Donna Fabiani, Executive Vice President of Knowledge Sharing at OFN. “There are 14 tracks on the agenda and more than 90 sessions—the most we’ve ever included. It’s a very rich and diverse agenda .”
  • Last week, the Senate approved $250 million for the CDFI Fund as part of H.R. 6147 , a “minibus” package of four funding measures that included the Senate’s FY 2019 Financial Services and General Government (FSGG) appropriations bill.

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