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Blog

Category: News

News

$5 Billion in New Markets Tax Credit Allocations Announced

On September 1, the CDFI Fund announced $5 billion in New Markets Tax Credit (NMTC) allocations through the Calendar Year 2020 allocation…

September 13, 2021
News

Aspen Institute, St. Louis Fed Release ‘Future of Building Wealth’ Book Featuring Essay by OFN

The Aspen Institute Financial Security Program in partnership with the Federal Reserve Bank of St. Louis has released a digital book called…

September 9, 2021
News

OFN Applauds Release of Long-Awaited Small Business Data Collection Rule

After more than a decade since the passage of the Dodd-Frank financial reform legislation, the Consumer Financial Protection Bureau (CFPB) finally put…

September 1, 2021
News

Congress Moves on Historic Infrastructure Packages

Written by Mary Scott Hardwick & JK Phenix Over the last several months, Congress and the Biden Administration have been laying the groundwork to…

August 26, 2021
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Events, News

Help Spread the Word About the 2021 OFN Conference!

August 24, 2021
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
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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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