Blog

On June 17, OFN announced that Wells Fargo is committing a $25 million grant to the Finance Justice Fund to help tackle…

OFN and Google continue to direct significant investment and grant capital to CDFIs working on the ground to help small businesses in…

The Community Development Financial Institutions Fund (CDFI Fund) awarded $1.25 billion in emergency financial assistance to 863 CDFIs, the largest single funding…

The application window for PPP loans closed on May 31 and the final numbers are in. Community Financial Institutions (CFIs) — a…

As summer quickly approaches, OFN’s membership continues to grow! We’re pleased to share that seven CDFIs have joined our network. We welcome…

On May 25, the  U.S. Small Business Administration announced that it is accepting applications for its new Community Navigator Pilot Program. This…

As of May 5, the only lenders still authorized to process Paycheck Protection Program (PPP) applications until the May 31 deadline are CDFIs,…

With the release of President Biden’s initial budget proposal last month and the expected release of the full budget document next week,…

On May 18, the House Small Business Subcommittee on Economic Growth, Tax, and Capital Access held a hearing entitled, “Examining the Role…