Opportunity Finance Network | LinkedIn (original) (raw)

Financial Services

Washington, District of Columbia 13,359 followers

#FinanceJustice

View all 94 employees

About us

Opportunity Finance Network (OFN) is the leading network of community development financial institutions (CDFIs) with a proven expertise in lending prudently and productively in unconventional markets often overlooked by conventional financial institutions. Working in rural, urban, and Native markets across the United States, we deliver sound financial returns and real changes for people and communities.

Industry

Financial Services

Company size

11-50 employees

Headquarters

Washington, District of Columbia

Type

Nonprofit

Founded

1986

Specialties

financing, knowledge sharing, policy, brand, CDFIs, impact investing, Opportunity Zones, social justice, community development, economic opportunity, and advocacy

Locations

Employees at Opportunity Finance Network

Updates

OFN’s Climate 101 training is already making an impact! Since launching in 2023, we’ve trained over 150 professionals to tackle climate finance and environmental justice. Our workshops are helping CDFIs assess climate risks, develop lending products, and build climate programs that meet community needs. And we’re not stopping there—new trainings are currently in the works! Join us as we continue leading the way in climate finance education! #40DaysToOFN40 #ClimateWeek #ClimateFinance #EnvironmentalJustice #CDFIs #ClimateTraining #SustainableDevelopment
At the intersection of environmental, social, and racial justice, #CDFIs are leading the way in the fight against climate change. Today's #40DaysToOFN40 we're giving you the key takeaways from OFN’s 2022 Annual Conference: - Climate change is hitting low-wealth communities hardest - The Inflation Reduction Act is a game-changer for green jobs - CDFIs are critical to bringing climate solutions to local communities Comment "green" for the full plenary: CDFIs Investing in "Green".#GreenFinance #ClimateAction #EnvironmentalJustice #CDFIs #SustainableFuture
Edith Johnson, the proud owner of Ludvig’s Bistro in Sitka, Alaska, is a true example of how Native CDFIs support entrepreneurs in underserved communities. When Edith sought to purchase Ludvig’s, she approached OFN Member Spruce Root, a Native CDFI, for her very first business loan. Through their guidance, financial literacy programs, and one-on-one coaching, Edith was able to achieve her dream of owning Ludvig’s—and continues to uplift her community by creating jobs and promoting local, Indigenous food systems. Comment "learn more" to read about the role of Native CDFIs and how they are building inclusive economies across America. #CDFI #Entrepreneurship #CommunityFinance #IndigenousBusiness #EconomicDevelopment #FinancialInclusion
Opportunity Finance Network reposted this

President & CEO, Opportunity Finance Network (OFN) | Aspen Finance Fellow - AGLN | Presidential Appointee
6d Edited
Yesterday, September 23, 2024, we recognized not only a special day but an important milestone for America. We celebrated the 30th anniversary of the creation of the Community Development Financial Institutions Fund (CDFI Fund). On September 23, 1994, President Clinton signed into law H.R. 3474, the Riegle Community Development Act, the bipartisan legislation that created the Fund. The CDFI Fund has been foundational to community development finance; since its inception, the Fund has awarded more than 7billiontoCDFIsand7 billion to CDFIs and 7billiontoCDFIsand76 billion tax credits to capitalize community development projects and community investment. Today, there are more than 1,400 certified CDFIs. Since 2015, CDFIs have invested at least $216 billion in communities across the country, helping to create or retain 5.3 million American jobs. As we celebrate 30 years of the CDFI Fund’s impactful investment, it’s also my honor to share my election as Chair of the Community Development Advisory Board, a 15-person federal advisory committee to the CDFI Fund. I thank my fellow Advisory Board members for their support and look forward to collaborating with them to provide key insights to the CDFI Fund for the continued success of CDFIs, the industry, and more importantly, the communities we serve. Read the announcement here: https://lnkd.in/geR4SqzuU.S. Secretary of the Treasury Janet Yellen joined the Community Development Advisory Board meeting last week and spoke of the deep impact of, and need for, the CDFI Fund and community development finance. Read her remarks here: https://lnkd.in/gHjf__eFThe future of the industry could not be more bright, and I could not be more excited for the future of the CDFI Fund under the leadership of Pravina Raghavan in charting the next 30 years. The creation of the CDFI Fund is a key moment for America and the history of our industry, a history that has made us for this moment and the road ahead. We appreciate the critical partnership of the CDFI Fund in advancing opportunity in communities that need it most.Opportunity Finance Network #OFN40 #CDFIFund #CDFI #CDFIs #ImpInv #ImpactInvesting
We’re thrilled to welcome Erick Montenegro, Ph.D. to the team! With over a decade of experience in research, evaluation, and assessment across higher education, nonprofits, and community-based initiatives, Erick is deeply committed to advancing social equity. His passion lies in using data to better support traditionally underserved communities. Erick will work closely with OFN members to leverage data for continuous improvement and advocacy, driving evidence-based storytelling that highlights long-term impact. He holds a Ph.D. in Education Policy, Organization, and Leadership from the University of Illinois Urbana-Champaign. Welcome, Erick!

Join now to see what you are missing

Join now

Opportunity Finance Network | LinkedIn (original) (raw)

Financial Services

Washington, District of Columbia 13,359 followers

#FinanceJustice

About us

Locations

Employees at Opportunity Finance Network

Updates

Join now to see what you are missing

Similar pages

Browse jobs

Funding