Community Development Financial Institutions (CDFIs) are mission-driven financial institutions that serve communities and individuals who have not yet had access to traditional financial services, like bank loans. Our organizations typically are focused on serving our clients, so we rely on the work of other organizations to do larger advocacy work that will benefit our clients and our industry.
Opportunity Finance Network (OFN) is one such advocacy organization. The leading national network of CDFIs, OFN shapes policy, conducts research, and creates partnerships and programs that help their members deliver high impact services in underserved communities.
OFN does advocacy work at many levels of government, including partnering with CDFIs to do state-level advocacy. OFN’s federal priorities reflect what’s most important to CDFIs in our work to expand economic opportunity in our communities. In FY19, these policies include strengthening the CDFI Fund, updating the Community Reinvestment Act, and more. Click here to learn about OFN’s advocacy work.
Main Street Launch is a proud member of OFN, and we’re grateful for their ongoing support. Their partnership and collaboration has supported our work and our clients, and we benefit from their ongoing efforts to advocate for our industry.
Click here to learn more about Opportunity Finance Network.