Blog

Blog

  • May09

    My suburban 4 bedroom, 2 bath home is government subsidized, and so is yours.

    Posted on May 09, 2017 by

    My suburban 4 bedroom, 2 bath home is government subsidized; if you own a home, so is yours. That's because of the mortgage-interest deduction in our tax code. Matthew Desmond writes for The New York Times Magazine: "When we think of entitlement programs, Social Security and Medicare immediately come to mind. But by any fair standard, the holy trinity of United States social policy should also include the mortgage-interest deduction — an enormous benefit that has also become politically untouchable."

    Comments (0)
  • Apr26

    Top 6 Reasons to Make a Gift to Opportunity Fund

    Posted on Apr 26, 2017 by

    There are many great causes and organizations to support, so you may ask why your gift to Opportunity Fund matters. We’re glad you did! We want you to know that your support is very important and has the power to change thousands of lives. Here are the Top 6 Reasons why you should make a gift to Opportunity Fund.

    Comments (0)
  • Apr20

    Southern California Regional Board Welcomes Two New Members: Amanda K. Byrd and Hogan Lee

    Posted on Apr 20, 2017 by

    Opportunity Fund is pleased to welcome Amanda K. Byrd and Hogan Lee to serve on the Southern California Regional Board. “We are excited to welcome Amanda and Hogan as new Southern California Regional Board members,” said Southern California Regional Director, Iosefa Alofaituli

    Comments (0)
  • Apr20

    Opportunity Fund’s 10,000th Loan Goes to… Jimmy of Iguanas Burritozilla!

    Posted on Apr 20, 2017 by

    Last month, we reached yet another milestone—thanks to our community of donors, supporters and the commitment of our incredible staff, we have now provided 10,000 loans to talented entrepreneurs. Jimmy, owner of Iguanas Burritozilla, is the happy recipient of Opportunity Fund’s 10,000th loan.

    Comments (0)
  • Apr19

    New and Improved: The Small Business Borrower’s Bill of Rights

    Posted on Apr 19, 2017 by

    Recently the Responsible Business Lending Coalition (RBLC), of which Opportunity Fund is a founding member, released an update to the Small Business Borrower’s Bill of Rights (BBOR). The BBOR consists of six fundamental rights that business owners seeking financing deserve along with the specific practices that lenders and brokers must abide by in order to uphold and protect those rights. These rights are endorsed by Signatories and Endorsers that believe in the fair treatment of small business borrowers. As our research has shown, many business owners face unaffordable and unsustainable financing options – this effort seeks to uphold the responsible practices in our marketplace.

    Comments (0)
  • Apr05

    Staff Spotlight: Gwendy, Iosefa, and Alex take on new community leadership roles

    Posted on Apr 05, 2017 by

    Opportunity Fund is a community of leaders. Three Opportunity Fund staff members-Gwendy, Iosefa, and Alex-recently took on major leadership roles to help improve our state and national communities. We talked to them about being leaders within Opportunity Fund and beyond.

    Comments (0)
  • Mar28

    What a night! Recap and photos from Opportunity Fund's Taste of Microfinance LA

    Posted on Mar 28, 2017 by

    Last week, nearly two hundred friends, donors and supporters gathered to celebrate entrepreneurship and Opportunity Fund's microfinance investments in Southern California. The incredible night featured food from talented chef entrepreneurs, many of whom received an Opportunity Fund microloan to grow their business.

    Comments (0)
  • Mar17

    More Bang for Your Federal Dollars: The CDFI Fund - - - TAKE ACTION TODAY!

    Posted on Mar 17, 2017 by

    Over 20 years ago, the US Treasury Department created the Community Development Financial Institution (CDFI) Fund to support mission-based lenders investing in low-income communities. Over the past two decades, the CDFI Fund has helped make tremendous impacts in communities in nearly every corner of the country: In FY2016 alone, CDFIs invested over $3.6 billion in low-income communities, financing 11,000 small businesses as well as over 33,000 affordable housing units.

    Right now, for the first time it its history, the CDFI Fund is in danger of being de-funded. Help keep funding for small businesses in your community – contact your member of Congress today and tell them to prioritize funding for the CDFI Fund. If you are an organization, please also sign onto this letter – the deadline is Monday, March 20th.

    Comments (0)
  • Mar06

    Opportunity Fund's Impact - 2016 recap and looking ahead

    Posted on Mar 06, 2017 by Alma Elizondo-Bailey

    We just wrapped up our third, and final, Impact Meeting a few days ago. These gatherings—which we held in San Francisco, Palo Alto, and Los Angeles—bring together our community of supporters, partners, staff, and clients for an update on the impact we achieved together in 2016. I really enjoyed these opportunities to share my reflections about the past year. It was gratifying to see so many friends and supporters in each location!

    Comments (0)
  • Mar06

    Opportunity Fund Sponsors SB 551 (Hueso) Capital Access Loan Program for Small Business

    Posted on Mar 06, 2017 by

    Opportunity Fund is proud to sponsor Senate Bill 551 authored by Senator Ben Hueso. This bill would help make several key changes to the functioning of the California Capital Access Program (CalCAP) - a program that many of California’s small business lenders such as Opportunity Fund use as an insurance pool to enable us to make loans to underserved businesses.

    Comments (0)
rss

Blog Archives