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  • 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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  • 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.
  • Craft3 is a nonprofit Community Development Financial Institution (CDFI) with a mission to strengthen economic, ecological and family resilience throughout Oregon and Washington communities. We do this by providing loans to entrepreneurs, nonprofits, individuals, including those without access to traditional financing. We then complement these financial resources with our expertise, professional connections and other advocacy for our clients. Learn more at www.craft3.org .
  • Craft3 is a nonprofit Community Development Financial Institution (CDFI) with a mission to strengthen economic, ecological and family resilience throughout Oregon and Washington communities. We do this by providing loans to entrepreneurs, nonprofits, individuals, including those without access to traditional financing. We then complement these financial resources with our expertise, professional connections and other advocacy for our clients. Learn more at www.craft3.org .

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CDFI Connect Blog

  • Ordinarily, OFN has the great fortune of hosting a remarkable group of interns each summer. However, 2020 is no ordinary year and unfortunately we had to cancel our summer intern program. When Holly Yu approached OFN's strategic communications team about joining us anyway, we decided to give her remote internship a whirl—and we're so glad we did! Holly has been working virtually with our strategic communications and public policy teams to support a variety of projects in this pivotal moment for the CDFI industry and the communities we serve. 
  • 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.
  • On July 28, MacKenzie Scott, the former wife of Amazon founder and CEO Jeff Bezos, posted an update on Medium.com about a pledge she made last year to donate a majority of her wealth. In her announcement she shared 116 nonprofit organizations her pledge has supported to date, totaling $1.7 billion. Included in the list of recipients are seven OFN member CDFIs:
  • OFN is pleased to announce the 19 awardees of the Small CDFI Unrestricted Grant Program . The Small CDFI Unrestricted Grant Program provided $50,000 grants to OFN members with less than $10 million in assets. These grants are intended to help smaller CDFIs withstand the COVID-19 crisis.  The Small CDFI Unrestricted Grant Program was generously supported by Capital One.   Learn more about the 19 awardees:
  • OFN is pleased to announce the second round of Grow with Google Small Business Fund loans and Google.org-funded grants. Four CDFIs have received a total of $23 million in loans from the Grow with Google Small Business Fund and one CDFI has received a $125,000 Google.org-funded grant.

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