News

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 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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DOF Adds Over $12,000,000 of Investments in 2017!

In 2017, DOF added over $12,000,000 in new capital which we deployed into many exciting projects which benefited low-income people with disabilities and their families.  This year, Bank of America led the way by recommitting itself to DOF’s work – it increased its investment to $5,000,000 and HSBC doubled its investment to $2,000,000.  Basilian Fathers […]

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Hammerman Joins CDFI Fund on Panel at OFN 2017 Conference

On September 28, 2017, DOF President and CEO Charles D. Hammerman joined Amber Bell, Manager of the CDFI and NACA Programs for the CDFI Fund (U.S. Treasury) on a panel titled “The CDFI Industry’s New Market: People with Disabilities.”  During this session conference participants were provided information about the Disability CDFI Coalition and enjoyed an […]

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DOF Honored at HSBC Cares

On October 23, 2017, HSBC hosted 400 people at Gotham Hall in New York City to recognize the work of eight not-for-profits.  DOF’s work was highlighted during the presentations. We were taken by surprise when the Chief Administrative Officer of HSBC presented DOF with a check for $10,000!!  Thank you HSBC for your previous investments […]

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Hammerman Presents at Fed Reserve Bank of San Francisco Annual Conference in Los Angeles

On February 9th, 2016, DOF President and CEO Charles D. Hammerman participated on a panel discussion titled: CDFI Innovations in Financial Inclusion which was moderated by U.S. Treasury CDFI Fund Director Annie Donovan. The session highlighted new partnerships between banks and CDFls that promote greater access to the financial system, enhance wealth accumulation, and improve […]

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DOF Adds Over $4,000,000 of Investments in 2016!

In 2016, DOF added over $4,000,000 in new capital which we deployed into many exciting projects which benefited low-income people with disabilities and their families. Prudential remains our largest investor as they increased their commitment to DOF by an additional $2,000,000. Bank of America recommitted itself to DOF’s work by doubling its initial investment to […]

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DOF Wins $1,800,000 Capital Magnet Fund Award from U.S. Treasury CDFI Fund!

On September 22, 2016, the CDFI Fund announced the 2016 Capital Magnet Fund Awards. The 2016 round was $90 million awarded to 32 organizations including 23 CDFIs and nine housing developers and/or financers. We are honored to have been included in this group. DOF’s $1,800,000 award is in response to our successful financing model we […]

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