Opportunity Finance Network: Morgan Stanley Awards $5 Million to Opportunity Finance Network to Support Equitable COVID-19 Recovery in Underserved Communities
August 04, 2020
August 04, 2020
NEW YORK, Aug. 4 -- The Opportunity Finance Network issued the following news release on Aug. 3:
Today, Morgan Stanley (NYSE: MS) and Opportunity Finance Network (OFN) announced Morgan Stanley has awarded $5 million in funding to OFN for pass-through grants of approximately $50,000 - $150,000 to eligible community development financial institutions (CDFIs) with less than $20 million in assets. This funding will help CDFIs support communities disproportionately affected by COVID-19 a . . .
Today, Morgan Stanley (NYSE: MS) and Opportunity Finance Network (OFN) announced Morgan Stanley has awarded $5 million in funding to OFN for pass-through grants of approximately $50,000 - $150,000 to eligible community development financial institutions (CDFIs) with less than $20 million in assets. This funding will help CDFIs support communities disproportionately affected by COVID-19 a . . .