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  • Amir Kirkwood joins OFN as chief lending and investment officer

    OFN is excited to announce Amir Kirkwood will join us as Chief Lending and Investment Officer starting February 1, 2019. In this newly created position, Amir will be responsible for the strategy, development, implementation, and risk management of OFN’s ... more
  • Annie Donovan Steps Down as Director of the CDFI Fund

    Annie Donovan announced she is stepping down from her role as Director of the CDFI Fund effective January 4, 2019. She will be succeeded by Jodie Harris who served as Director of the office of Small Business, Community Development. Read her full announcement here. more
  • Call for CDFI Women's Network Volunteers

    The CDFI Women's Network is seeking volunteers to serve on its Programming, Local Chapters, Communications, and Technology Committees. We invite you to take advantage of this great leadership opportunity to meet the brilliant women of the CDFI industry, ... more

Latest Discussions

  • Thanks for putting out the call, Teri! And great to hear of your interest, Barbara! As some Philly-area folks know, we've had three informal gatherings over the past year or so: two happy hours, and a more structured conversation about careers. What's ... read more

  • Posted in: Open Forum

    Hi Linda - My name is Ravi Yalamanchi. I can provide you some guidance. Call at your convenience. 248-396-4858. Thanks, Ravi Yalamanchi ------------------------------ Ravi Yalamanchi Chief Executive Officer Metro Community Development Flint MI (810) ... read more

  • Posted in: Open Forum

    Hi Micha, There is a way to quantify loss reserve for each existing loan using some statistical process. I am sure that in the future, this kind of request will become a requirement by market investors. If you're interested, please feel free to ... read more

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Job Bank Feed

  • Tax Credit Lending Relationship Manager, Specialty Finance, CDC Community Finance Solutions Job Location: National Job Description U.S. Bancorp Community Development Corporation (USBCDC) provides tax credit investments, loans, and banking services to organizations and projects that support affordable housing and economic development in underserved communities across the country.
  • The Baltimore Neighborhood Impact Investment Fund (NIIF) is a newly established financial intermediary focused on Baltimore City. Capitalized by approximately $50 million provided by the City of Baltimore, the NIIF is a public-private partnership with a mission to serve as a catalyst for investment in underserved neighborhoods by delivering financing to support commercial and residential projects, as well as business lending, in order to drive economic revitalization, job growth and improved quality of life.
  • At RSF Social Finance, we bring our individual passions, experience, and skills to meet the needs of others through integrated financial and philanthropic services that generate positive social and environmental impact while fostering community and collaboration among participants.

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CDFI Connect Blog

  • OFN member Colorado Enterprise Fund will use the funds to help minority-owned businesses increase scale and impact.
  • Today, the U.S. Department of Treasury's CDFI Fund announced 38 recipients of the FY 2018 Capital Magnet Fund Award, totaling $142.9 million in grants. OFN congratulates all awardees, especially our 18 members, who received $68.6 million, 48 percent of the amount awarded.  
  • Despite a challenging outlook for the FY 2020 budget and appropriations process, the 116th Congress brings opportunity to introduce CDFIs to newly elected Members of Congress and new leadership on key committees. In both the House and Senate, new leadership and members resulted in changes in the composition of committees of jurisdiction over issues impacting the CDFI industry, in particular CDFI Fund appropriations and the New Markets Tax Credit program.
  • OFN is excited to announce Amir Kirkwood has joined us as Chief Lending and Investment Officer. In this newly created position, Amir is responsible for the strategy, development, implementation, and risk management of OFN’s financial services.
  • OFN welcomes five new CDFIs to our network: Champions Funding LLC, Nonprofit Loan Fund of Tuscon and Southern Arizona, CAHEC Capital, Sabre Finance, and Omaha 100.

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