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  • Call for CDFI Women's Network Volunteers

    The CDFI Women's Network is seeking volunteers to serve on its Programming, Local Chapters, Communications, and Technology Committees. We invite you to take advantage of this great leadership opportunity to meet the brilliant women of the CDFI industry, ... more
  • Welcome Two New Financial Services SVPs to OFN!

    We are delighted to share the news of two new additions to the OFN team. Andrea Longton and Lisa Wright are joining OFN as Senior Vice Presidents (SVP) for Financial Services. Andrea will focus on the OFN CDFI Bond Guarantee Program (BGP) and started ... more
  • OFN Statement on U.S. Treasury's CRA Modernization Recommendations

    Dear CDFI Connect Community, Yesterday, the US Department of the Treasury released recommendations on Community Reinvestment Act modernization. OFN issued a statement to the media and will be monitoring developments closely. Overall, OFN found Treasury's ... more

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  • The Providence Revolving Fund is a community-based, non-profit, development and lending corporation which was established in 1980. The Revolving Fund's resources are targeted to historic properties and primarily serve low-to-moderate income families residing in the city of Providence. Over the course of 38 years, PRF has made $28,807,221 in loans to 443 properties and has also developed 63 abandoned properties for sale to first-time homeowners.
  • Founded in 1978, Rural Community Assistance Corporation (RCAC) is a 501(c)(3) nonprofit organization that provides training, technical and financial resources and advocacy so low-income rural communities can achieve their goals and visions. Our dedicated staff and active board work to make our vision of vibrant, healthy and enduring rural communities a reality across the West.
  • Program Specialist

    Founded in 1978, Rural Community Assistance Corporation (RCAC) is a 501(c)(3) nonprofit organization that provides training, technical and financial resources and advocacy so low-income rural communities can achieve their goals and visions. Our dedicated staff and active board work to make our vision of vibrant, healthy and enduring rural communities a reality across the West.

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CDFI Connect Blog

  • This morning, OFN awarded Chicago-based LUCHA, one of the Midwest’s premier affordable housing organizations, with our 2018 Justice Grant. The annual award recognizes organizations with a mission that supports economic, political, or social justice in the U.S.
  • President Charlie Evans delivered opening remarks at the OFN Conference Opening Plenary. He talked about HOLC and the importance of community and economic development at the Chicago Fed and to the economy. The full text of his speech is available here
  • At the 34th Annual OFN Conference, our theme,  CDFIs: Agents of Change, is a reflection of Chicago’s history of community activism. CDFIs are and always have been agents of change. Our roots in the civil rights movement have taught us what social justice means, and our passion for aligning capital investments with those values puts us at the forefront of the new wave of responsible investors.
  • “The plenaries are open to all attendees and are a big highlight at the Conference.I’m especially excited about the speakers and topics that we are presenting this year,” says Donna Fabiani, OFN’s EVP of Knowledge Sharing.  Opening Plenary  Tuesday, October 9, 8:30 am  Attendees will hear welcoming remarks from Julia Stasch, President of The John D. and Catherine T. MacArthur Foundation and Charles Evans, President and CEO of the Federal Reserve Bank of Chicago. 
  • A Mississippi credit union has expanded into Alabama, and a partnership with Regions is helping pave the way. Regions Bank has agreed to donate one of its branches in Montgomery to allow Hope Credit Union to grow in the state. HOPE, a community development financial institution, opened its first Alabama branch in September and has partnered with Regions Bank to open a second branch early next year.

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