Opportunity Fund

Founded in 1993, Opportunity Fund (formerly Lenders for Community Development) has disbursed over $10 million to more than 3,800 savers through its Individual Development Account (IDA) program, the nation's largest. The group has also made over 600 loans worth over $8 million to support local microenterprise and has directed over $115 million in community investment into affordable housing and community facilities. A $1 million, 5-year 1% interest PRI from the Skoll Foundation received in 2005 has helped Opportunity Fund to further expand its microenterprise, affordable housing, and community facility loan programs.