Program Summary:
The Opportunity Finance Network (formerly National Community Capital Association), a network of more than 170 private-sector community development financial institutions (CDFIs), provides financing, training, consulting, and advocacy for CDFIs. Active in all 50 states, the network invests in small businesses, quality affordable housing, and vital community services that benefit economically disadvantaged people and communities. Opportunity Finance Network's mission is to lead the community development finance system to scale through capital formation, policy and capacity development.
Opportunity Finance Network provides loans and investments to CDFIs to increase their capitalization and impact. Opportunity Finance Network also provides monitoring and underwriting services to CDFI investors. A central strategy in OFN's effort to increase the volume of CDFI financing for low-income communities is the CDFI Assessment and Ratings System (CARSTM). CARSTM is a comprehensive, third party analysis of non-depository community development financial institutions that aids investors and donors in their investment decision making while strengthening the performance of CDFIs and providing the transparency investors demand.
Opportunity Finance Network provides a variety of knowledge sharing services. Opportunity Finance Network is a resource for assistance with strategic analysis and strategic planning, mergers and acquisitions, branding and marketing, and market research. Services include paid consulting assistance, an annual national conference for the opportunity finance practitioners, regional events, and publications.
Opportunity Finance Network is also the fiscal agent for the CDFI Data Project, an industry collaborative that ensures access to and use of data to improve practice and attract resources to the CDFI field. The CDFI Data Project convenes leading organizations in the CDFI industry.
Opportunity Finance Network also provides advocacy on behalf of the CDFI industry.
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Address:
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620 Chestnut Street, Suite 572
Philadelphia, PA 19106
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