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
News OFN Weighs in on Federal Reserve CRA Reform Proposal Federal bank regulators continue efforts to update the Community Reinvestment Act (CRA) regulations. On February 16, OFN submitted comments to the Federal… February 25, 2021
News Biden Reforms to Paycheck Protection Program Advantage Smallest Businesses On February 22, the Biden Administration announced changes to the Paycheck Protection Program (PPP) designed to deepen the program’s ability to reach very small… February 25, 2021
News Apply Now for $1.25 Billion in Rapid Response Grants The application period for the CDFI Rapid Response Program (CDFI RRP) is now open! The CDFI RRP will distribute $1.25 billion of… February 25, 2021
News Join OFN’s Financial Services Team! As we expand our efforts to support our 330+ member Community Development Financial Institutions (CDFIs) in creating transformational change in underinvested rural, urban,… February 22, 2021
