CDFIs: Concessionary Loans
Community Development Financial Institutions (CDFIs) may have the flexibility to create new loan products to better serve their communities. Concessionary loan capital is one such type of new loan product.…
OBDC Receives Three Large Grants to Support our Programs
OBDC is honored to have received grants from Wells Fargo, the Office of Community Services, and the Small Business Administration (SBA) to support our programs:
OBDC receives $800,000 to support Oakland small businesses
Today, the Office of Community Services (OCS) announced that OBDC Small Business Finance, a nonprofit community development financial institution (CDFI) headquartered in Oakland received a $800,000 grant from the Community Economic Development (CED) program.