Latest Discussions

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    Blending Funds

    Posted in: Open Forum

    Hey folks,  I am wondering what type of servicing software that you use and if it has the capacity to blend funds into one loan.  For example, on a $15,000 home rehab loan at 3% we would be looking to put in $5,000 of money that we have to pay back at ... read more

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    RE: Tip Tuesday

    Posted in: Open Forum

    In this week's Tip Tuesday , we would like to extent the opportunity to be featured in our weekly Member Monday segment. If you are an OFN member/ally, please reach out to especht@ofn.org for more information on how to be featured! ------------------------------ ... read more

  • Posted in: Open Forum

    Hi Teri, Thanks for the reply. I have from others that from a tax perspective it had to be 5%.  They didn't specify it had to be cash but they did say 5%.  I will have to follow up with tax counsel.  Thank you. ------------------------------ Christopher ... read more


  • The 2020 OFN Conference is Going Virtual!

    Get ready! We're taking the 2020 OFN Conference virtual! After deep consideration, we are moving forward with an adapted Conference format that prioritizes the health and safety of our participants and staff amid the ever-evolving COVID-19 pandemic. Although ... more
  • 2020 Small Business Finance Forum – Event Website Now Available!

    Our 2020 Small Business Finance Forum event website is now available! On June 16 and 17, OFN held its ninth annual-but first-ever virtual-Small Business Finance Forum for more than 800 mission-driven lenders, partners, and other advocates. Our largest Forum ... more
  • Speakers Announced-2020 OFN Small Business Finance Forum

    We’re just two weeks away from our first-ever virtual Small Business Finance Forum. Now more than ever, the nation’s small businesses need CDFIs. Join us for conversations focused on emergency relief and ensuring an inclusive recovery for all America’s small businesses. ... more

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Job Bank Feed

  • General Counsel

    Equitable Facilities Fund (EFF) is a 501(c)(3) nonprofit social impact fund that’s on a nationwide mission to help high-performing public charter schools spend more money on students and less on the costs of borrowing for their facilities. We offer school leaders simple and much-needed access to low-cost, long-term loans, combined with support from an expert team that has walked in their shoes.
  • Housing Trust Silicon Valley (HT) is leading the effort to create a strong affordable housing market in the greater Bay Area as one of the region’s highest-volume nonprofit housing lenders. HT is a highly respected and impactful nonprofit Community Development Financial Institution (CDFI) helping to create homes and support for people experiencing homelessness, renters, and first-time homebuyers. Through its lending, HT assists a wide range of residents across the entire spectrum of housing issues.
  • Portfolio Manager

    Reinvestment Fund is a catalyst for change in low-income communities. We integrate data, policy and strategic investments to improve the quality of life in low-income neighborhoods. Using analytical and financial tools, we bring high-quality grocery stores, affordable housing, schools and health centers to the communities that need better access creating anchors that attract investment over the long term and help families lead healthier, more productive lives.



CDFI Connect Blog

  • As financial first responders CDFIs have been at the frontlines of America’s converging crises—COVID-19 and racism—over the past six months. Here’s a roundup of recent press coverage featuring OFN and CDFIs.
  • On July 30, OFN’s president and CEO Lisa Mensah spoke with Wells Fargo’s Nate Hurst, EVP, Sustainability & Social Impact, about “American Resilience: The Future of Small Business.”
  • OFN is very disappointed that COVID relief negotiations between Congressional leaders and the Trump Administration have broken down, especially as the health and economic impacts of the pandemic continue to disproportionately affect low-income communities and communities of color.
  • On August 3, Morgan Stanley and OFN announced Morgan Stanley has awarded $5 million in funding to OFN for pass-through grants of approximately $50,000-$150,000 to eligible community development financial institutions (CDFIs) with less than $20 million in assets. This funding will help CDFIs support communities disproportionately affected by COVID-19 and will strengthen the ability of the mission-based lenders to support COVID-19 rebuilding and recovery efforts.

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