Category Archives: Uncategorized

NFF Hires Kareem Thomas as Chief Credit Officer; Names Bhavani Daryanani as Chief Financial Officer

New York (March 4, 2025) — Nonprofit Finance Fund (NFF) has made two appointments to its executive team. Kareem Thomas has joined NFF as Chief Credit Officer. He will oversee credit policies and the performance of NFF’s growing loan portfolio and support financial product innovation. Thomas has a track record of using community development investment &hellip

NFF Receives $150,000 Contribution from U.S. Bank to Support Community Land Trusts in California

LOS ANGELES (Feb. 27, 2025) – Nonprofit Finance Fund (NFF) has received a $150,000 contribution from U.S. Bank to strengthen California’s growing network of community land trusts. NFF will provide financial coaching and tailored support to a cohort of members from the California Community Land Trust Network (CACLTN) as the movement toward community ownership of &hellip

Nonprofit Finance Fund’s BEACoN Initiative Makes $20 Million in Loans Available to Boost Community Ownership of Assets in New Jersey

PNC, Citizens, and The Prudential Foundation Join Robert Wood Johnson Foundation to Support Affordable Housing Development and More NEWARK, N.J. (Feb. 5, 2025) — Nonprofit Finance Fund (NFF) is pleased to announce $20 million in investments to support fast-growing work helping New Jersey residents build community wealth. The investments will provide more affordable housing options &hellip

NFF President and CEO Aisha Benson appointed as Chair for OFN Board of Directors

Opportunity Finance Network (OFN) announced on January 23, 2025 that Aisha Benson, President and CEO of NFF, and Henry Jiménez, President and CEO of Propel Nonprofits, will serve, respectively, as Chair and Vice-Chair of the OFN Board of Directors. “CDFIs support economic growth and community well-being in neighborhoods across the country,” said Aisha Benson. “I am deeply honored &hellip

What’s Next for Community Development Finance?

NFF President and CEO Aisha Benson was among the voices featured in Nonprofit Quarterly’s recap of the Opportunity Finance Network’s 40th-anniversary conference. We were glad to be part of the convening and the broader conversation shaping the future of community development finance. Read the full piece. Originally published in The Chronicle of Philanthropy , August &hellip