• Expanding Coverage
    The Wells Fargo NEXT Awards recognize outstanding CDFIs expanding opportunity in underserved communities across the nation.
  • 2012 NEXT Opportunity Awardee / Clearinghouse CDFI

    Expanding geographic reach to address unmet credit needs for underserved communities across Nevada

  • 2012 NEXT Opportunity Awardee / Corporation for Supportive Housing

    Integrating housing and supportive services with a goal of ending chronic homelessness across the U.S.

  • 2012 NEXT Opportunity Awardee / Primary Care Development Corporation

    Expanding financing of community health centers and other primary care providers in impoverished communities beyond New York State

Welcome

Sub A-Spot

In an increasingly challenging economic environment, CDFIs are needed more than ever to ensure that affordable and responsible financial products and services are available in underserved communities.

The NEXT Awards recognizes the NEXT generation of CDFIs working toward expanding coverage in all 50 states. Learn more

About the Next Awards

NEXT Opportunity Award
The NEXT Opportunity Award recognizes up to four CDFIs per year that present compelling strategies for expanding geographic and/or product coverage. The total pool of $8.25 million includes $7.5 million in low-cost, long-term debt and $750,000 in unrestricted grant funding. Prospective applicants...
NEXT Seed Capital Award
The NEXT Seed Capital Award offers a $100,000 unrestricted grant to a single CDFI with a promising idea for expanding geographic and/or product coverage that is still in development. The expansion strategy should be on track to implement within eighteen months of receiving an award. Applicants...