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  • Lending Where it Counts: An OFN Conference for the Record Books

    By: Seth Julyan Seth Julyan , 4 months ago
    By the numbers, the 2019 OFN Conference will go down in CDFI history: 1 President William Jefferson Clinton; more than 1,600 attendees (the most yet!); 119 sessions across 11 tracks; special policymaker and industry guests; 5 CDFI-led tours through D.C. and Baltimore; 60 ... more

  • About this Community

    By: Melissa Malkin-Weber Melissa Malkin-Weber , 5 months ago
    Hello friends! We created this CDFI Connect Community as a platform for sharing information, cross-pollination of ideas, and organization around the topics of clean energy, efficiency, and climate resilience. Several overlapping groups wanted to be ... more

  • 2019 Small Business Finance Forum Registration is Open

    By: Seth Julyan Seth Julyan , 11 months ago
    OFN's 2019 Small Business Finance Forum will bring more than 350 representatives of CDFIs, other mission-driven small business lenders, and their partners together for a day and a half of valuable learning and networking that supports their mutual business ... more

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  • Underwriter and Loan Officer

    yesterday
    City First Enterprises (CFE) is a financial institution working at the intersection of financial innovation and impact investment, in the quest for a more equitable economy. We are risk entrepreneurs investing in underserved communities, centering our focus on the people and places historically overlooked by mainstream finance.
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  • FHLBank Chicago Capacity Building Grant Application Due May 1

    yesterday
    The FHLBank Chicago is now accepting applications for its Community First® Capacity-Building Grant Program . Nonprofit lenders with a footprint in Illinois and Wisconsin may apply for up to $50,000 in grant funds, through FHLBank Chicago members, to strengthen their financial position, operational efficiency, and/or human capital. 

  • CNBC Op-Ed: Community Loan Funds Can Fix Flaws in Paycheck Protection Program

    yesterday
    On April 6, CNBC published an op-ed  by Seth Levine, founding partner of Foundry Group, and Elizabeth MacBride, founder of Times of Entrepreneurship, that details the "slow, piecemeal, and confusing" rollout of the Paycheck Protection Program (PPP) offered under the new Coronavirus, Aid, Relief and Economic Security (CARES) Act.

  • Paycheck Protection Program: Update on CDFI Eligibility

    yesterday
    Yesterday, OFN President and CEO Lisa Mensah and other members of the OFN team spoke with U.S. Treasury Deputy Assistant Secretary for Community and Economic Development Gavin Beske, Treasury Deputy Assistant Secretary for Financial Institutions Policy Tyler Williams, and CDFI Fund Director Jodie Harris to discuss issues concerning the implementation of the Paycheck Protection Program (PPP) and to ensure PPP funds are able to reach CDFI small business customers.

  • Southern Bancorp CEO Darrin Williams Talks Paycheck Protection Program on Fox News

    2 days ago
    On Saturday, April 4, Southern Bancorp CEO Darrin Williams appeared on Fox News with correspondent Leland Vittert to discuss the rollout of the new SBA Paycheck Protection Program and how Southern Bancorp and other CDFIs and community banks are managing the influx of loan applications and implementation of the program. “Community banks across America have always been on the front line with small businesses. We finance small businesses. We know our customers. We know the pains they’re going through and we’re going to do everything we can to help them.” 

  • A Message from Lisa Mensah: #KeepCDFIsStrong

    12 days ago
    COVID-19 is proving to be a formidable enemy. It’s made its way around the world with relentless efficiency, hitting small businesses and low-income, low-wealth communities the hardest. There are many forces galvanizing to help these businesses and communities during and after the pandemic. Among the most well-positioned of them are CDFIs.
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