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Blog

Category: News

News

OCC Releases Final Community Reinvestment Act Rule

On May 20, the Office of Comptroller of the Currency (OCC) released its final Community Reinvestment Act (CRA) rule just six weeks after the…

May 21, 2020
News

PPP Reports Released, New Court Ruling on Borrower Eligibility

Recently two reports on the Paycheck Protection Program (PPP) were released. In addition, a U.S. District Court in Michigan ruled that the…

May 19, 2020
News

OFN Testifies at House Small Business Committee Virtual Forum

On May 13, the House Small Business Subcommittee on Economic Growth, Tax, and Capital Access held a virtual forum for their members on the…

May 19, 2020
News

OFN and St. Louis Fed Launch New CDFI Connect Research Community

OFN is excited to announce the launch of its newest community on our CDFI Connect virtual platform! Spearheaded by OFN’s Lance Loethen in partnership with Michael Eggleston of the…

May 19, 2020
News

House Endorses $1 Billion for CDFI Fund Grants; 37 Senators Also Signal Support

Updated May 15, 2020 On May 15, the House of Representatives passed the HEROES (Health and Economic Recovery Omnibus Emergency Solutions) Act…

May 13, 2020
News

Paycheck Protection Program: Update on CDFI Eligibility

Yesterday, OFN President and CEO Lisa Mensah and other members of the OFN team spoke with U.S. Treasury Deputy Assistant Secretary for…

May 7, 2020
Events, News

Save the Date—2020 Small Business Finance Forum: Virtual Edition!

This year, the Small Business Finance Forum takes place during a global pandemic. CDFIs—America’s financial first responders—are working tirelessly to provide COVID-19 relief…

May 5, 2020
News

Join the Fight to #KeepCDFIsStrong

We invite you to join OFN all year long in our campaign to #KeepCDFIsStrong! Through the campaign, we aim to rally the CDFI…

April 28, 2020
News

Shelterforce: CDFIs Are Helping Entrepreneurs with Criminal Records Build Credit

Recently community development publication Shelterforce highlighted the work of CDFIs and other nonprofits to support enptreneurs with criminal records. In the April 20 article, entitled “Making Loans…

April 23, 2020
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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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