Press Releases
2008 Round of Multi-Million Dollar Awards Program Opens for Responsible Lenders
Opportunity Finance Network (OFN) today announced the second annual round of the Wachovia NEXT Awards for Opportunity Finance – an awards program totaling $8.35 million for responsible lenders across the United States known as community development financial institutions (CDFIs). The awards are presented by Opportunity Finance Network and funded by The Wachovia Foundation and the John D. and Catherine T. MacArthur Foundation.
Dateline: 4/01/07
Unprecedented $8.25 Million “Wachovia NEXT Awards for Opportunity Finance” Boost Two Community Development Financial Insitutions (CDFIs)
Two U.S. financial institutions–Latino Community Credit Union, Durham, N.C., and ACCION Texas, San Antonio, Texas–are sharing $8.25 million in investments as winners of an unprecedented new prize presented by the Opportunity Finance Network (OFN) and funded by The Wachovia Foundation and the John D. and Catherine T. MacArthur Foundation.
Dateline: 12/13/07
Four Community Development Financial Institutions (CDFIs) Each Receive $25,000 “Wachovia NEXT Awards for Opportunity Finance”
Four outstanding U.S. financial institutions will receive $25,000 each in unrestricted grant prizes from the Opportunity Finance Network (OFN) funded by The Wachovia Foundation and the John D. and Catherine T. MacArthur Foundation.
Dateline: 12/13/07
10 U.S. Organizations Named as Semi-Finalists for $8.25 Million “Wachovia NEXT Awards for Opportunity Finance”
Community-Based Groups Eyed for “Transformational” Award Offered by The Wachovia Foundation, MacArthur Foundation and Opportunity Finance Network; Organizations Range from NH to CA.
Dateline: 10/02/07
Wachovia NEXT Awards Applications Update
The application window closed on Monday, August 20, for the premiere round of the Wachovia NEXT Awards for Opportunity Finance in partnership with the John D. and Catherine T. MacArthur Foundation. On December 12, 2007, in Miami, Florida, the Wachovia NEXT Awards will recognize six (6) outstanding CDFIs based on the applications received.
Dateline: 8/22/07
$42 Million Awards Program to Support Community Development Financial Institutions Aiding Low-Income and Low-Wealth People
The Wachovia Foundation, the John D. and Catherine T. MacArthur Foundation and the Opportunity Finance Network will award $42 million to exceptional community development financial institutions (CDFIs) serving low-income and low-wealth people throughout the U.S. Today, they announced their partnership and launched a new five-year program called the “Wachovia NEXT Awards for Opportunity Finance.”
Dateline: 6/25/07