Industry & Member News

This section features articles posted by our Members and other opportunity finance practitioners. The contents and opinions of these articles are solely the responsibility of the article authors. We encourage submissions about industry news, milestones, and upcoming events. OFN reserves the right to decline a posting.

Register Now for Microfinance USA 2010

Microfinance USA is the place where microfinance practitioners, investors, and enthusiasts meet. Drawing upon the overwhelming success and momentum generated by the 2009 Microfinance, CA conference, Microfinance USA will bring together investors, policymakers, social entrepreneurs, practitioners, small business owners, and curious individuals to explore how microfinance produces jobs, increases incomes, and creates opportunities to build stable and sustainable communities.

Visit www.microfinanceusa2010.org to learn more and register now. Early bird registration ends March 15th.

New Issue of The Community Development Review Released

The Federal Reserve Bank of San Francisco's Center for Community Development Investments has just published a new issue of its journal, The Community Development Investment Review, which focuses on the intersection of health and community development.

This issue includes several proposals designed to "bend the health-care cost curve" using innovative community development strategies as well as ideas to positively affect social determinants of health to generate better health outcomes for low-income people. You can access the new issue of the Review online.

2010 National Interagency Community Reinvestment Conference

The Federal Deposit Insurance Corporation, Federal Reserve Bank of Atlanta, Federal Reserve Bank of San Francisco, Office of the Comptroller of the Currency, Office of Thrift Supervision and Community Development Financial Institutions Fund invite you to register for the 2010 National Interagency Community Reinvestment Conference.

To access the full agenda and to register online, please follow this link: http://www.frbsf.org/community/conference2010.html.

Federal Reserve Bank of San Francisco launches "The Economy: Crisis & Response"

The Federal Reserve is committed to communicating with the public during these difficult economic times. We'd like to share a new online resource -- The Economy: Crisis & Response.

Whether you're looking for a general overview of the mortgage meltdown or want to delve deeper into economic research, we encourage you to visit us at FRBSF.ORG to learn more about the economy and the role of the Federal Reserve.

Peoplefund Presents “The Role of Micro-Lending in the U.S.” on Thursday December 10

PeopleFund is delighted to welcome Lisa Servon, Dean of Milano The New School for Management and Urban Policy in NYC, and author of several books, including Gender and Planning: A Reader (Rutgers 2006), Bridging the Digital Divide: Technology, Community, and Public Policy (Blackwell 2002), and Bootstrap Capital: Microenterprises and the American Poor (Brookings 1999).

An expert on urban poverty and community development, Dean Servon will be discussing microcredit models in the United States and developing countries with emphasis on opportunities for innovative lending in underserved communities.

Email ayleen@peoplefund.org for more information.

Financial Times – Investing in a Sustainable Future Conference

Building on the success of our inaugural event in March 2009, the 2nd annual FT Investing in a Sustainable Future international conference will once again bring together thought leaders in Corporate Responsibility and ESG investing for a day of discussion. Online registration is now available.

ECD/HOPE CEO Participates in White House Job Creation Summit

Bill Bynum, Chief Executive Officer of the Enterprise Corporation of the Delta/Hope Community Credit Union (ECD/HOPE), participated in the White House Jobs Summit on December 3 to identify innovative ways to create jobs in the current economic climate. Bynum met with the President and over 130 other large and small business leaders, nonprofit executives and policy experts.

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NDC Training Opportunity: Economic and Housing Development Finance Basics

Explore the nuts and bolts of economic and housing development finance in an intense and fast-paced course. Designed for practitioners, private lenders, elected officials, policy makers, non-profit board members and other stake holders, the course teaches both the basic tools and newest techniques used by successful development finance professionals.

Learn more

Register Today for WWBIC's 2009 Annual Luncheon

Join WWBIC for their 2009 annual luncheon with keynote speaker Chris Jordan of Chris Jordan Photographic Arts.

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DeLauro Applauds US Treasury’s $910,000 CDFI Grant To The Greater New Haven Community Loan Fund

Congresswoman Rosa L. DeLauro (D-CT) today lauded the announcement by the Department of the Treasury that a $910,000 grant has been awarded under the Community Development Financial Institutions Fund (CDFI) to the Greater New Haven Community Loan Fund, Inc.

The GNHCLF will add $830,000 to its equity, boosting the available lending capital over $10 million. The funds will provide more flexible resources which in today’s economy is a necessity for non-profit developers who borrow from the Loan Fund. “This grant gives our organization a more solid base for lending, and provides more assurance to our investors,” said Executive Director Carla Weil.

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