About Opportunity Finance Network
Opportunity Finance Network is the leading network of private financial intermediaries identifying and investing in opportunities to benefit low–income and low–wealth people in the U.S. The network’s financing delivers both sound financial returns and real changes for people and communities. CDFIs in the Opportunity Finance Network originated more than $19.6 billion in financing in unconventional urban, rural, and Native communities through 2007. This has generated or maintained 191,381 jobs; 43,050 microenterprises and businesses; 563,023 housing units; and, 9,552 community facility projects. With cumulative net charge-off rates of 1.1%, these CDFIs have demonstrated that it is possible to lend prudently and productively in unconventional markets often overlooked by conventional financial institutions.
For more information, please visit www.opportunityfinance.net.