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  • CDFI Annual Certification and Data Collection Report (ACR): A Snapshot for Fiscal Year 2019

    This annual snapshot of data from Certified CDFIs as reported in their ACR provides evidence of how CDFIs are providing Financial Products and Development Services to distressed communities and underserved populations while maintaining safety and soundness. more
  • 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

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  • Since its inception in 1987, the Washington Area Community Investment Fund (Wacif) has closed nearly 400 loans totaling more than $32 million in strategic financing for small business startup and growth, affordable housing developments and cooperatives, and childcare and community facilities throughout the Washington, DC, metropolitan region.
  • ORGANIZATIONAL OVERVIEW CASA of Oregon began its work 30 years ago helping local organizations provide housing for farmworkers and other marginalized populations in primarily rural areas. CASA is committed to the wellbeing of Oregon’s disadvantaged. CASA’s work culture is inclusive and equitable, builds teams, works collaboratively, makes transparent and shared decisions, and cultivates staff through professional development. CASA is most effective when working collaboratively with a variety of stakeholders at local, state, and national levels.
  • The Why of Cinnaire We have an unwavering belief that all people deserve the opportunities provided by living in healthy communities. This simple concept is the guiding principle that shapes everything we do. Through our lending and investing programs and range of services, Cinnaire improves lives, creates jobs and contributes to vibrant, strong communities.

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CDFI Connect Blog

  • OFN is thrilled to announce U.S. Secretary of the Treasury Janet Yellen will join us virtually for the 2021 OFN Conference  in October!
  • OFN is pleased to announce another round of Grow with Google Small Business Fund loans and Google.org-funded grants. 
  • Even in good times, a CDFI’s job is never easy. CDFIs take on lending challenges that market lenders find difficult or impossible. Whether the CDFI has a single staff member or dozens, it must perform the many functions of a lending institution. The global pandemic, the demand for racial reckoning, and the disparate economic harms across our nation have pushed CDFIs to do more and go deeper.
  • Last month, the community development finance industry received a major victory in our years-long effort to reject the Office of the Comptroller of the Currency’s (OCC) disastrous Community Reinvestment Act (CRA) reform proposal. On July 20, Acting Comptroller of the Currency Michael Hsu announced  the bank regulator will propose rescinding its controversial CRA rule.
  • After months of urging by smaller lenders and OFN, the Small Business Administration (SBA) released new guidance to simplify the forgiveness process for businesses and nonprofits with Paycheck Protection Program (PPP) loans less than $150,000.

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