Blog

Category: News

New Fund Open to Small and Mid-Sized CDFIs Financing Housing and Facilities

Partners for the Common Good (PCG) and Opportunity Finance Network (OFN) recently collaborated to create the $50 million Economic Justice Partnership Fund…

December 15, 2021

News, Voices

OFN Welcomes 24 New Members in 2021

2021 has been another year of unprecedented support and visibility for CDFIs. Today OFN’s membership has grown to more than 360 members,…

December 14, 2021

News

CDFI Fund Announces FY 2021 Financial Assistance Awards

On December 8, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 265 organizations $180.3 million in…

December 10, 2021

News

Lawmakers Pass Second Short-Term Funding Bill to Avoid Government Shutdown

On December 2, Congress passed a short-term continuing resolution (CR) to maintain fiscal year (FY) 2021 spending levels through February 18, 2022….

December 7, 2021

News

OFN Is Seeking Talented Leaders to Join Our Growing Team!

November 23, 2021

Access Youth Academy_Civic Community Partners client

News

Latest OFN Member CDFIs to Receive Finance Justice Funding

November 19, 2021

News

Rep. Velázquez and Sen. Menendez Introduce Bicameral Bill to Stop Predatory Small Business Loans

On November 18, Rep. Nydia M. Velázquez, the Chairwoman of the House Small Business Committee, and Senator Robert Menendez (D-NJ) introduced the…

November 18, 2021

News

Record Breaking Funding for CDFI Priorities Included in Historic Build Back Better Bill

Updated 11/19/2021 After months of negotiation, the House of Representatives passed their Build Back Better infrastructure bill on November 19. The House approved the…

November 9, 2021

News

FDIC Creates New Office of Minority and Community Development Banking to Support Mission-Driven Banks

On November 2, Federal Deposit Insurance Corporation (FDIC) Chairman Jelena McWilliams announced the creation of a new office to support the agency’s…

November 4, 2021