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Blog

Category: News

News

Chairwoman Velazquez Includes CDFIs in End-of-Year Legislative Push

As the 116th Congress draws to a close, House Small Business Committee Chairwoman Nydia Velazquez (D-NY) continues to advance legislation that would enhance…

December 15, 2020
News

Finance Justice Fund Now Open for Applications

The Finance Justice Fund is now open for applications from OFN member CDFIs! Announced on November 12 during the 2020 OFN Virtual Conference, the Finance Justice Fund…

December 15, 2020
News

Four CDFIs Receive Grow with Google Small Business Fund Loans and Google.org Grants

In OFN’s most recent round of Grow with Google Small Business Fund loans and Google.org-funded grants, four CDFIs have received a total of $8.5 million…

December 14, 2020
News

CDFI Fund Expands Target Market Eligibility for PPP Lending

On December 9, CDFI Fund Director Jodie Harris announced that CDFIs that made PPP loans outside their approved target market(s) during calendar year 2020 will not…

December 14, 2020
News

Three CDFI Industry Leaders Elected to OFN Board of Directors

On November 11 at the OFN Annual Membership Meeting during the 2020 OFN Virtual Conference, member CDFIs placed their votes for three open seats on OFN’s Board…

December 9, 2020
News

The Housing Fund Launches New Program for Nashville Homeowners with $2.25 Million Amazon Donation

On December 7, Amazon announced a $2.25 million donation to Nashville-based OFN member The Housing Fund. With this new capital injection, The Housing Fund…

December 9, 2020
News

OFN Welcomes 27 New Member CDFIs Since July

Since our last new OFN member update this past July, we’ve had 27 CDFIs join our membership. These most recent additions bring the total new…

December 9, 2020
News

Small Businesses Survive-Adapt-Thrive with Cook Inlet Lending Center

This year’s Native CDFI Awards honored two Native CDFIs for their unique approaches to helping Native-owned small businesses during the COVID-19 pandemic. Cook Inlet Lending…

November 23, 2020
News

Latest Round of Grow with Google Small Business Loans and Google.org Grants Announced

OFN is proud to announce the latest recipients of Grow with Google Small Business Fund loans and Google.org grants. Launched earlier this year…

November 20, 2020
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