Welcome | NEXT Awards | Opportunity Finance Network

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

2016 NEXT Opportunity Awardees

Appalachian Community Federal Credit Union
$2 Million Opportunity Awardee
Watch the video!
+ Learn More About ACFCU

Rio Grande Valley Multibank
$1.6 Million Opportunity Awardee
Watch the video!
+ Learn More About RGVMB

NEXT Opportunity Award Winners:
•Appalachian Community Federal Credit Union: $2 Million Opportunity Awardee
•Rio Grande Valley Multibank Corporation: $1.6 Million Opportunity Awardee

NEXT SEED Capital Award Winners:
•Lower Valley Credit Union
•Texas Community Capital
•The Housing Fund

2016 NEXT Seed Capital Awardees

Appalachian Community Federal Credit Union (ACFCU)

NEXT Opportunity Award

In some areas of central Appalachia, residents have to travel more than 45 minutes to reach a bank branch. With just 90 people per square mile,...

+ Learn More About ACFCU

Rio Grande Valley Multibank (RGVMB)

NEXT Opportunity Award

Texas is one of the poorest states in the country; business is booming for predatory lenders. Payday, car title, and other high-cost, unscrupulous...

+ Learn More About RGVMB

Lower Valley Credit Union

NEXT Seed Capital Award

Lower Valley Credit Union will use seed funds, along with strategic partnerships, to place...

+ Learn More About LVCU

Texas Community Capital

NEXT Seed Capital Award

Texas Community Capital is the network administrator of Rio Grande Multibank Corporation’s...

+ Learn More About TCC

The Housing Fund

NEXT Seed Capital Award

The Housing Fund is establishing home loan solutions for immigrant communities, seeking...

+ Learn More About The Housing Fund