Practitioners, mission-driven lenders, policymakers, investors, and advocates will come together to explore innovative solutions for expanding economic opportunity and empowering underserved communities. A key highlight of this year’s conference is OFN’s commitment to integrating clean energy initiatives within community development efforts. As the effects of climate change become more pronounced, sustainable development and environmental justice are taking center stage in economic empowerment discussions.
Clean Energy Focus: Solar and Beyond
OFN is leading the charge in this area with the launch of its Clean Communities Investment Accelerator (CCIA) program, funded through the Greenhouse Gas Reduction Fund. This groundbreaking program is designed to finance clean energy transitions in low-income and underinvested communities, directly addressing the environmental and economic challenges these communities face.
The CCIA program will provide CDFIs with the tools and resources they need to help communities transition to renewable energy sources, including solar power, which plays a pivotal role in reducing greenhouse gas emissions and lowering energy costs for low-income families. The integration of solar energy into community financing will help expand access to clean power and contribute to long-term environmental sustainability.
Conference attendees will have the opportunity to participate in sessions focused on financing clean energy projects, mobilizing private capital for environmental initiatives, and forming partnerships that advance climate and sustainability goals. These discussions are expected to empower CDFIs to play a key role in supporting renewable energy projects, ensuring that underserved communities can participate in the clean energy transition.
Annual Native Gathering Day: Promoting Native Empowerment
A significant part of the OFN Conference will be the 19th Annual Native Gathering Day, held on October 21 and organized by the Oweesta Corporation. This gathering serves as a platform for Native CDFI leaders to come together, share insights, and discuss ways to empower Native communities. With a focus on economic empowerment and financial inclusion, Native Gathering Day will offer workshops, presentations, and panel discussions tailored to the unique challenges faced by Native communities.
A Record-Breaking Event for OFN
This year’s conference marks a significant milestone, with record-breaking attendance. Nearly 2,500 participants are expected, making this the largest OFN Conference to date. OFN’s expanded capacity reflects the growing interest and importance of community finance in addressing both economic disparities and environmental challenges.
For those unable to attend, plenary session recordings and select content will be available on-demand after the event, ensuring that key discussions around clean energy and community development can reach a broader audience. Additionally, those who have already registered are encouraged to check the Know Before You Go page for hotel options and other important event details, as the room block at the JW Marriott Los Angeles L.A. Live has already sold out.
Looking Ahead: A Bright Future for CDFIs and Clean Energy
The 2024 OFN Conference is set to not only celebrate the success of CDFIs in expanding economic opportunity but also chart a new path forward in the realm of clean energy and sustainability. By integrating solar and other renewable energy solutions into the broader mission of community development, OFN is paving the way for a future where economic empowerment and environmental justice go hand in hand.
