• The Future of Housing Finance
    2014 NEXT Awards—The Future of Housing Finance. Come back in July to learn about the finalists.
  • 2013 NEXT Opportunity Awardee / Opportunity Fund

    Expanding EasyPay loan product for small business throughout California

  • 2013 NEXT Opportunity Awardee / NCB Capital Impact

    Substantially expanding its presence and product offerings in Detroit’s Woodward Corridor

  • 2013 NEXT Opportunity Awardee / Housing Partnership Network

    Expanding the first REIT launched by nonprofits to acquire and preserve affordable housing

Welcome

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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

2014 NEXT Awards

2014 Wells Fargo NEXT Awards for Opportunity Finance: The Future of Housing Finance.

Congratulations Impact Seven, the 2014 NEXT Seed Capital Awardee! Learn more.

About the Next Awards

NEXT Opportunity Award
The NEXT Opportunity Award is a pool of of $8.25 million, which includes $7.5 million in low-cost, long-term debt and $750,000 in unrestricted grant funding. Up to four CDFIs per year that present compelling strategies for expanding coverage may win a NEXT Opportunity Award. In 2014, 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 coverage. In 2014, applicants must be CDFIs that have innovative strategies to expand housing opportunities in low-income communities. The expansion strategy should be on track to...