News

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 […]

Read More

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 […]

Read More

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 […]

Read More

DOF Honored at Kulanu Academy Annual Dinner

On March 17, 2016, DOF was honored at Kulanu Academy’s™ Annual Dinner in Cedarhurst, NY. The event was attended by over 375 people and recognized DOF for our efforts in financing the acquisition and renovation of Kulanu’s™ building. This video shown at the event includes testimonials about Kulanu Academy from DOF Co-Founders Charles D. Hammerman […]

Read More

Hammerman Presents at PAB 40th Anniversary Celebration!

On September 10, 2015, DOF President and CEO Charles D. Hammerman joined Adrian Dominican Sisters in celebrating the 40th Anniversary of the Portfolio Advisory Board. Hammerman provided a history of DOF and its relationship with ADS which was the first religious order to invest in DOF. Congratulations to PAB!!

Read More

Suffolk County Executive Bellone Celebrates 25th Anniversary of ADA at DOF-Hosted Event

On September 17, 2015, Suffolk County (NY) Executive Steven Bellone and the Suffolk Office for Office People with Disabilities represented by Director Frank Krotschinsky along with the DOF celebrated the 25th Anniversary of the American with Disabilities Act. The program included a Keynote Address by Bellone, a panel discussion about ABLE Accounts and a networking […]

Read More

DOF Wins prestigious Wells Fargo NEXT Award

On November 10, 2015, DOF was presented at the OFN Conference in Detroit, MI with the Wells Fargo NEXT Seed Capital Award for Financial Savings Innovation. The $100,000 award recognized the potential impact the Community Development Financial Institution industry can play in starting an innovative consumer finance strategy, such as ABLE (Achieving a Better Life […]

Read More

DOF Launches Disability CDFI Coalition (DCC)

On February 24, 2015, DOF officially launched the Disability CDFI Coalition (DCC) in Washington D.C. when, Charles Hammerman, President and CEO of DOF, presented the goals of the DCC to CDFI professionals attending the CDFI Coalition Institute. The mission of the DCC is to bridge the CDFI industry and the disability community, to ensure that […]

Read More

Pursuing Justice

The Impact of the Olmstead Decision 15 Years Later On September 19, 2014 The DOF co-hosted a conference with John Jay College of Criminal Justice regarding progress made over the 15 years that have past since the United States Supreme Court’s decision on Olmstead v. L.C.. The conference specifically focused on the history of the […]

Read More