Making homeownership possible through down payment assistanceA down payment can be one of the biggest barriers to homeownership, especially for homebuyers of color. NeighborWorks network organizations provide down payment assistance to many prospective homeowners, making homeownership possible for those who might not have been able to achieve it on their own. Learn more at NeighborWorks.org/homeownership about how we invest in the financial future of communities across the U.S, D.C. and Puerto Rico.
Rural Broadband Innovators Lightning Round
40th Anniversary: Lisa Mensah, President & CEO of Opportunity Finance NetworkLisa Mensah, President & CEO of Opportunity Finance Network, shares about her work at OFN, partnering with Capital Impact Partners, and how CDFI's are doing "deep justice work."
Southern Security FCU - Credit Union Member Impact StoryWe at CU Strategic Planning see the the remarkable effect that our credit union clients have on their members and in their communities, as part of their commitment to the philosophy of people helping people.
This Member Impact Story is about how Southern Security FCU went the extra mile for a family that had lost everything in a house fire.
Southern Security FCU: https://www.southernsecurity.org/
CU Strategic Planning Member Impact Stories: https://www.custrategicplanning.com/member-impact
NCN Hosts Webinar Highlighting Details of the CDFI Equitable Recovery Program (ERP)On Thursday, July 14, 2022, NCN hosted CDFI Fund Senior Advisor Daniel Aiello who provided an overview of the CDFI Equitable Recovery Program (CDFI ERP). The FY 2022 funding round recently opened for this program, which will provide approximately $1.73 billion in awards to Treasury-certified CDFIs to (1) expand lending, grant making and investment activities in Low- or Moderate-Income communities and to borrowers, including minorities, that have significant unmet capital or financial services needs and were disproportionately impacted by the COVID-19 pandemic; and (2) enable CDFIs to build organizational capacity and acquire technology, staff, and other tools necessary to accomplish activities under a CDFI ERP Award. After presenting an overview of CDFI ERP Senior Advisor Aiello responded to questions from attendees. A copy of the FAQs for the program will be posted as soon as it is available.
OCAC22 Small Biz Award Winner - Turtle Island Gifts