Opportunity Finance Network Launches Climate Initiative
This week, the Opportunity Finance Network (OFN) announces its pilot program for the Greenhouse Gas Reduction Fund, coinciding with their sold-out conference.
What to Expect at the Conference
The forthcoming conference, a celebration of 40 years of dedication to the community development finance sector, invites participants to explore the innovative Clean Communities Investment Accelerator (CCIA) program. This program is part of OFN's commitment to addressing climate change while advancing social equity.
Conference Highlights
Gathering 2,500 industry leaders, policymakers, and philanthropic stakeholders, this year's conference theme, "Made by History, Made for this Moment," honors the significant legacy of community development finance as it embarks on a journey towards sustainability.
Training and Resources for Lenders
Attendees will gain hands-on training focused on climate issues and opportunities, aimed at enhancing their ongoing climate strategies. The sessions will cover how to mobilize private capital effectively and finance impactful clean energy projects.
Panel Discussions and Community Tours
Across keynotes and breakout sessions, experienced panelists will engage in discussions about crucial topics including climate adaptation, racial equity, and impact measurement. Furthermore, local hosts will lead nine specialized tours around the area showcasing the tangible impacts of Community Development Financial Institutions (CDFIs) on small businesses and affordable housing.
Expectations for Attendance
With anticipation for the high-profile speakers, including Arlo Washington and Maxine Waters, the conference promises a wealth of knowledge and networking opportunities for everyone involved in community finance.
Event Details
The OFN conference will take place from October 21 to 24 at the JW Marriott, Los Angeles. Media representatives are welcomed to join the sessions, ensuring a broad coverage of the discussions on community development finance and climate action.
About Opportunity Finance Network
Opportunity Finance Network (OFN) stands at the forefront of community development investment in the United States. With a rich history since its inception in 1986, OFN manages over $1 billion in assets, serving as a trusted partner for 450 community development financial institutions (CDFIs).
The mission of OFN is to provide capital access to communities that traditional finance often overlooks, focusing on underserved rural, urban, and Native communities. Through their collaboration with diverse partners from various sectors, OFN has originated $111 billion in financing over the years, significantly contributing to job creation and business development across the nation.
Frequently Asked Questions
What is the Opportunity Finance Network?
Opportunity Finance Network (OFN) is a national network focused on innovating community development finance, helping to provide financial access to underserved communities.
What is the aim of the Clean Communities Investment Accelerator (CCIA) program?
The CCIA program aims to mobilize capital for clean energy projects while fostering partnerships that enhance community resilience to climate change.
Who will be attending the conference?
The conference is expected to bring together approximately 2,500 attendees, including CDFI professionals, policymakers, and philanthropic leaders.
What topics will be discussed at the conference?
Discussions will range from financing clean energy initiatives to addressing racial equity within the context of community development finance.
How long has OFN been operating?
OFN has been a leader in community development finance since its founding in 1986, marking over three decades of impactful work.
