• Apr26

    $30 Million from CDFI Fund in New Markets Tax Credit award!

    Posted on Apr 26, 2013 by

    Opportunity Fund is pleased to announce we have been awarded a new $30 million allocation under the U.S. Treasury Department's New Markets Tax Credit (NMTC) program. NMTC was created to increase economic opportunity in distressed areas of the nation. A total of $3.5 billion in NMTC allocations were awarded this week, to 85 organizations nationwide, through a highly competitive application process.

    Comments (2)
  • Apr22

    Center for Financial Services Innovation profiles Opportunity Fund's Start2Save microsavings initiative

    Posted on Apr 22, 2013 by Gwendy Donaker Brown

    Center for Financial Services Innovation profiles Opportunity Fund's Start2Save microsavings initiative

    Comments (0)
  • Apr10

    Opportunity Fund is Expanding to Greater Los Angeles!

    Posted on Apr 10, 2013 by Eric Weaver

    Opportunity Fund is expanding our microlending to Greater Los Angeles! In the coming year, Opportunity Fund plans to lend $4 million to help more than 600 entrepreneurs in Greater Los Angeles to grow their business, boost their income, and hire new employees. This is an ambitious plan for growth. Combined with our plans to continue to scale lending operations in Northern California, Opportunity Fund is poised to lend $12 million in 2013, helping twelve hundred California entrepreneurs get the affordable financing they need, providing a path to economic prosperity for them and their families, and helping to rebuild our economy.

    Comments (2)
  • Apr01

    US Microfinance: Small Loans-Big Results

    Posted on Apr 01, 2013 by

    Opportunity Fund lends to small businesses that are growing, boosting incomes and creating jobs. New report measures outcomes from America's leading microlenders, Opportunity Fund and Accion. How do the microloans Opportunity Fund provides help advance the economic well-being of the business owner and their employees? U.S. Microfinance: Small Loans, Big Results is the first nationwide survey measuring the outcome from microlending taking places across the country, including Opportunity Fund's lending in California.

    Comments (0)
  • Mar14

    Amy Gurley and Shelley Harrison join Opportunity Fund Board of Directors

    Posted on Mar 14, 2013 by

    Amy Gurley and Shelley Harrison share professional expertise in marketing, desire to help low-income Californians

    Comments (0)
  • Mar08

    Happy International Women's Day!

    Posted on Mar 08, 2013 by

    It is International Women's Day, and we can't think of a better way to celebrate than sharing the story of one of our incredible women entrepreneurs, Bertha, who runs Twister Gymnastic in Los Angeles.

    Comments (0)
  • Mar07

    Remembering Elizabeth Butler

    Posted on Mar 07, 2013 by Eric Weaver

    Opportunity Fund is mourning a death in the family. Elizabeth Butler, our second employee, died on February 26th. Today is her memorial service. Below, Opportunity Fund's Founder and CEO Eric Weaver remembers the first woman he hired to help get Opportunity Fund off the ground.

    Comments (2)
  • Feb22

    21st Century Solution

    Posted on Feb 22, 2013 by

    We won, we won! Opportunity Fund wins $50,000 in NBC Bay Area's "21st Century Solutions" grant competition.

    Comments (0)
  • Jan22

    Real estate lending transitions

    Posted on Jan 22, 2013 by Eric Weaver

    Opportunity Fund’s leadership and Board of Directors recently made the strategic decision to wind down our affordable housing loan program. This decision came out of a series of planning and visioning sessions over the past year that set out to examine and define Opportunity Fund’s long-term vision. The transition reflects both the changing landscape for affordable housing financing and Opportunity…

    Comments (0)
  • Aug05

    Big money to fund big dreams

    Posted on Aug 05, 2012 by

    Today, Opportunity Fund was awarded a grant of $1.45 million dollars! This grant comes from the CDFI Fund at the U.S. Treasury Department and supports our core operations. It is the largest grant any CDFI received in this latest round of funding, a testament to our track-record over the last many years. This is a very competitive grant, and, clearly, one of great significance to Opportunity Fund and…

    Comments (0)

Blog Archives