Wachovia NEXT Awards Honor CDFIs
August 12, 2009 | From the field | Impact Investments

The Wachovia NEXT Awards for Opportunity Finance, supported by a $25 million MacArthur program-related investment, honor community development financial institutions (CDFIs). The 2009 semi-finalists are Coastal Enterprises, Inc., Wiscasset, Maine; Community First Fund, Lancaster, Pa.; and, Nonprofit Finance Fund, New York. The 2009 finalists are Corporation for Supportive Housing, New York; Federation of Appalachian Housing Enterprises, Inc., Berea, Ky.; New Hampshire Community Loan Fund, Concord, N.H.; and, Shorebank Enterprise Cascadia, Ilwaco, Wash. Awardees will be celebrated in October during grantee Opportunity Finance Network's 25th Annual Conference. MacArthur has been a leading supporter of the opportunity finance field since the early 1980s, investing nearly $250 million in approximately 100 groups nationwide.