The Wells Fargo NEXT Awards for Opportunity Finance celebrate the CDFI industry—its creativity, accomplishments, and enduring importance. Launched in 2007, the Wells Fargo NEXT Awards have celebrated the innovation of the nation’s most promising CDFIs by awarding more than $58 million through a competitive awards process over the last seven years. Each year the Wells Fargo NEXT Awards culminate in a ceremony at Opportunity Finance Network’s Annual Conference to spotlight Awardees and the entire CDFI industry.
The goal of the NEXT Awards for 2012–2016 is to recognize the NEXT generation of CDFIs working towards expanding coverage in underserved communities. 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 markets in all 50 states.
The 2014 NEXT Awards will focus on the Future of Housing Finance. Applicants should be CDFIs that have innovative strategies to expand housing opportunities in low-income communities that address any number of issues impacting the housing market today.
There are two NEXT Awards in 2014:
Here is a webcast of the information call held on February 4:
The Wells Fargo NEXT Awards are presented by the Opportunity Finance Network with generous support from Wells Fargo, the John D. and Catherine T. MacArthur Foundation, and The Kresge Foundation.