DOF Becomes Member of Federal Home Loan Bank of New York

On March 8th, 2019, the Disability Opportunity Fund joined the membership of the Federal Home Loan Bank of NY. This is a major achievement for us which will provide added liquidity and access to various housing grant programs. We look forward to this new partnership with FHLBNY!

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DOF wins inaugural disability financial assistance award

In 2018, the CDFI Fund announced that 15 CDFIs received a total of $5,000,000 in Disability Funds–Financial Assistance Awards. DF-FA awardees will use the funds to enhance their capacity to address the challenges of individuals with disabilities. Each DF-FA Awardee also received a general Financial Assistance Award. DOF was awarded a total of $1,275,000 in […]

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DOF Receives High Marks in its First Aeris Rating!

In early 2018 Aeris, an independent company that rates CDFIs, awarded DOF three stars for its “Impact Rating,” which measures the social impact of a CDFI’s program activity, and an A+ for its “Financial Rating,” which assesses an organization’s capitalization, asset quality, management, earnings and liquidity.   Aeris also awarded DOF its “Policy Plus” designation, saying: […]

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DOF Rings Closing Bell at NYSE!

On June 11, 2018, DOF President and CEO Charles D. Hammerman rang the Closing Bell at the NYSE alongside DOF Board Members, Supporters, Investors and Borrowers.  We were honored to celebrate the 10th Anniversary of when we rang the Opening Bell on June 6, 2008 when we launched DOF.  Click Here to view our Gallery

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DOF Provides $4,000,000 in Project Capital to National Developer of Special Needs Housing

Based in Milwaukee, WI, Cardinal Capital Management (CCM) has a national reputation in acquiring, developing, financing, and managing special needs multifamily housing.  It provides development, construction, property management, and real estate asset management.  Many of the properties it develops are structured using Low Income Housing Tax Credits (LIHTC).  The properties in its portfolio include supportive […]

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DOF Celebrates 10 Years!!

On June 11th and 12th, 2018 DOF celebrated its 10th Anniversary of launching as a CDFI with two extraordinary events: On Monday, June 11, we rang the Closing Bell at the New York Stock Exchange and on Tuesday, June 12 we hosted the “DOF Family” (Investors, Supporters, Borrowers, Board of Directors, Staff, colleagues from the […]

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A House Where Hope Lives

Karen Siler, 54, of Seaford, said she felt like she met her 26-year-old son, Ryan, for the first time in 2015. Ryan is autistic, his mother explained, and his biggest challenge is expressive language. Siler said that she would talk to him about adult life, but she did not know whether he understood until he […]

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