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Blog

Category: News

News

OFN Exceeds $40 Million in Finance Justice Capital Deployed to Member CDFIs

OFN is pleased to announce the latest recipients of Finance Justice Fund loans and grants. Since February, OFN has committed more than…

August 12, 2021
Events, News

Nominations Open for 2021 Ned Gramlich Lifetime Achievement Award for Responsible Finance

In 2007, OFN established the Ned Gramlich Lifetime Achievement Award for Responsible Finance in memory of former board member and former Federal…

August 12, 2021
News

Federal Reserve Survey: CDFIs Report Positive Financial State, Influx of Clients, but Continued Staff, Capital Constraints

CDFIs indicated a widespread influx of new customers, strong funding streams throughout the pandemic, and generally positive current financial states, according to results of…

August 12, 2021
News

Tell the Federal Reserve How COVID-19 Is Affecting Your Community

In 2020, the Federal Reserve System conducted four rounds of surveys to better understand the range of challenges facing under-resourced and low-income…

August 9, 2021
Janet Yellen speaking purple graphic
News

U.S. Treasury Secretary Janet Yellen Confirmed as OFN Conference Speaker

August 5, 2021
News

OFN Nearing Full Deployment of Google and Google.org Funding to Member CDFIs

OFN is pleased to announce another round of Grow with Google Small Business Fund loans and Google.org-funded grants.  Since the launch and expansion…

August 4, 2021
News

SBA Rolls Out New PPP Forgiveness Application Portal and Guidance

After months of urging by smaller lenders and OFN, the Small Business Administration (SBA) released new guidance to simplify the forgiveness process…

August 2, 2021
News

OCC to Propose Rescinding Community Reinvestment Act Rule

Last month, the community development finance industry received a major victory in our years-long effort to reject the Office of the Comptroller…

August 2, 2021
News

New LISC Report Looks at Impact of Rural Community Development

A new research paper from OFN member LISC demonstrates how intensive community development initiatives in two rural regions of California sowed the seeds…

July 30, 2021
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