Opportunity Finance Network Receives Largest Grant in 35-Year History from Wells Fargo
Wells Fargo & Company (WFC)
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Source: Business Wire
$25M grant will target racial wealth gap and persistent poverty through Finance Justice Fund WASHINGTON--(BUSINESS WIRE)--Opportunity Finance Network (OFN) announced that Wells Fargo is committing a $25 million grant to its Finance Justice Fund to help tackle systemic barriers to capital in communities around the country. Managed by Opportunity Finance Network, the Finance Justice Fund aims to address the racial wealth gap and persistent poverty by delivering financing through community development financial institutions (CDFIs) to Black, Latinx, Native, rural, and other communities with less access to traditional financial services.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210617005775/en/Opportunity Finance Network receives largest grant in its history from Wells Fargo to support the Finance Justice Fund serving diverse communities. (Graphic: Wells Fargo)“Wells Fargo’s historic grant contribution sets a precedent
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