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Blog

Category: News

News

President Biden Signs Bill Extending PPP to May 31

On March 30, President Biden signed the Paycheck Protection Program (PPP) Extension Act which extends the program to May 31 from the original application deadline of March…

March 31, 2021
News

OFN Staff Growth and Changes

OFN is adapting a few staff positions and growing our team to add value as we deliver finance, capacity building, advocacy, and…

March 29, 2021
News

The Federal Reserve Wants to Hear from CDFIs!

Updated April 19, 2021 The Federal Reserve 2021 CDFI Survey is now open. Join your colleagues in completing the survey to better inform the…

March 22, 2021
Events, News

Lisa Mensah Testifies Before Senate Small Business and Entrepreneurship Committee

On March 17, the U.S. Senate Committee on Small Business & Entrepreneurship held a hearing entitled “The Paycheck Protection Program: Performance, Impact,…

March 19, 2021
News

Take Action to Support $1 Billion for CDFIs!

In the past year, more has been asked of the CDFI industry than ever before, and CDFIs have stepped up to serve…

March 18, 2021
News

State Small Business Credit Initiative Funded in the American Rescue Plan

On March 11, President Biden signed the $1.9 trillion American Rescue Plan into law. One significant provision of the bill for CDFIs is $10…

March 18, 2021
News

OFN Welcomes Nine New Members Since December

Welcome to OFN’s newest member CDFIs! Since our last new member update in December 2020, we’re excited to share that nine CDFIs have…

March 17, 2021
News

Lisa Mensah Joins Goldman Sachs ‘One Million Black Women’ Advisory Council

On March 9, Goldman Sachs announced its new One Million Black Women (OMBW) initiative, a $10 billion investment to positively impact at least one million Black women…

March 10, 2021
News

Apply for Up to $2 Million Through Google.org Impact Challenge for Women and Girls

Launched on International Women’s Day on March 8, the global Google.org Impact Challenge for Women and Girls (GIC) is committing $25 million to fund organizations creating pathways to prosperity for women…

March 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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