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    RE: Member Monday

    Posted in: Open Forum

    In this week's Member Monday , we would like to highlight the work of The Working World Inc. Working World inc was created by Brendan Martin and Avi Lewis in response to the economic reform in Argentina. Workers began to take ownership of formerly ... read more

  • Posted in: Open Forum

    Despite the painful circumstances that have led to recent responses and innovations we are pleased to highlight the following outputs and actions taken by Native CDFIs. The dashboards linked below display data points, collected with the Opportunity Through ... read more

  • Posted in: Open Forum

    Happy Friday to all! In preparation for the 2020 OFN Conference and a session on Illustrating Competency and Confidence to Stakeholders, we'd like to gather some input from CDFIs.  If you have a moment, please click on this link to complete a 3 question ... read more

Announcements

  • Native CDFIs wanted to collaborate

    Thank you all for joining the Native CDFI Community! We are still in the process of finding cdfis that woulld like to collaborate to share their resources, stories and events. Please reach out to especht@ofn.org for more information! more
  • Registration now open for OFN’s 2020 Virtual Conference!

    Fall is here and with it comes the CDFI industry's most anticipated event-OFN's Annual Conference. This year, to keep everyone safe, the Conference is virtual, offering a wonderful opportunity for more attendees and broader audience participation. Don't ... 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

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  • Investor Advocates for Social Justice (IASJ) is a 501(c)(3) non-profit organization that advocates on behalf of a community of investors with over $3 billion in assets under management, whose faith-based values promote human rights, climate justice, racial equity and the common good. IASJ’s shared vision is an equitable economy where investors leverage their collective voice and resources to advance social, economic and environmental justice.
  • Associate Director

    Investor Advocates for Social Justice (IASJ) is a 501(c)(3) non-profit organization that advocates on behalf of a community of investors with over $3 billion in assets under management, whose faith-based values promote human rights, climate justice, racial equity and the common good. IASJ’s shared vision is an equitable economy where investors leverage their collective voice and resources to advance social, economic and environmental justice.
  • Quality primary care is transformative and a cornerstone of healthy, thriving communities. PCDC, a nationally recognized 501(c)(3) nonprofit organization and community development financial institution (CDFI), catalyzes excellence in primary care through strategic community investment, capacity building, and policy initiatives to achieve health equity. PCDC helps primary care practices improve delivery of care by providing affordable capital as well as a variety of training and technical assistance services.

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CDFI Connect Blog

  • Photo: Alex Castro, founder and owner of Life Recovery Centers This post was written by OFN Blog guest author Mary Perkins, Director of Philanthropy, Dream Spring
  • On September 21, OFN member Low Income Investment Fund (LIIF) announced their commitment to drive $5 billion in investments over the next decade to advance racial equity. This goal will guide their work as they seek to help build communities of opportunity, equity, and well-being across the nation. To launch this effort, LIIF has developed a strategic plan which charts a course for the organization through 2024. LIIF has realigned and identified focus areas for investments, allowing them to strengthen impact in three key areas: 
  • On September 24, the Community Development Financial Institutions Fund (CDFI Fund) awarded $204.1 million in grants and loans to 397 community development financial institutions (CDFIs) through its fiscal year (FY) 2020 round of the CDFI Program and Native American CDFI Assistance (NACA) Program. OFN congratulates all recipients, especially our 142 members and allies who received more than 54 percent, or more than $110.5 million, of the total dollars awarded in the FY 2020 funding round.
  • On September 21, the Federal Reserve Board of Governors voted  unanimously to release their proposal to reform the Community Reinvestment Act (CRA) regulations.
  • The CDFI Fund has released the Notice of Allocation Availability (NOAA) for the 2020 Calendar Year (CY) round of the New Markets Tax Credit (NMTC) Program. Up to $5 billion in tax credit allocation authority is available in the 2020 round, a more than 40 percent increase over last year.

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