Primary Recipient

OPPORTUNITY FINANCE NETWORK

Amount

$2,000,000.00

Award Date

6/29/2009

Administering Agency

Treasury, Department of / Community Development Financial Institutions

CDFA Number

21.020

CDFA Program Title

Community Development Financial Institutions Program

Description

FY2009 CDFI Program Award.The award provided $2,000,000 which OFN will use as capital and operating expenses for our Loan Fund. OFN lends capital to Member CDFIs. As of FYE 2009, OFN had more than $60 million outstanding to CDFIs throughout the country.