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Blog

Category: News

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
News

Amber Kuchar-Bell Joins OFN as Chief Strategy and Operations Officer

OFN is pleased to announce that Amber Kuchar-Bell, a professional with a demonstrated history of driving capital to underserved communities, has joined…

July 26, 2021
News

House Appropriations Committee Approves $330 Million for CDFI Fund in FY 2022

Updated July 8, 2021 On June 24, the House Financial Services and General Government (FSGG) Subcommittee held a markup and approved their…

July 24, 2021
News

Persistent Poverty and the Prevalence of CDFIs

In new research supported by the Robert Wood Johnson Foundation, Opportunity Finance Network shows the traditional measure of persistent poverty by county…

July 15, 2021
News

Three New Finance Justice Fund Recipients Announced

OFN is pleased to announce the latest recipients of Finance Justice Fund loans and grants! Congratulations to the following OFN member CDFIs…

July 13, 2021
News

Morgan Stanley Awards $21.7 Million to OFN to Support CDFI Industry and Equitable Recovery

OFN is pleased to announce Morgan Stanley has awarded $21.7 million in funding to support human capital and professional development for the…

July 13, 2021
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In accordance with federal laws and U.S. Department of the Treasury policy, this organization is prohibited from discriminating on the basis of race, color, national origin, sex, age, or disability. To file a complaint of discrimination, write to: U.S. Department of the Treasury, Director, Office of Civil Rights and Equal Employment Opportunity 1500 Pennsylvania Avenue, N.W., Washington, DC 20220; call (202) 622-1160; or send an e-mail to: [email protected].

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