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Blog

Category: News

News

American Banker Highlights CDFI Concerns About CRA Reform

On January 23, American Banker published an article entitled “Far from cheering CRA reform, CDFIs are worried,” which highlights how community development financial institutions…

January 24, 2020
News

Helpful Resources on the New CRA Proposal

Last month, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) proposed sweeping reforms to the CRA regulations that could significantly…

January 9, 2020
News

Alternative Approach to CRA Modernization Articulated by Federal Reserve Board Governor

Yesterday, Federal Reserve Board Governor Lael Brainard gave a speech at the Urban Institute outlining a vision for reforming the Community Reinvestment Act (CRA)…

January 9, 2020
News

Social Impact Investing Panel at World Bank to Focus on CDFIs

On Wednesday, January 29, OFN SVP of Financial Services Andrea Longton will participate in a conversation at the World Bank Visitor Center in Washington, D.C., with…

January 7, 2020
News

OFN FY 2018 Inside the Membership Report Now Available

OFN’s latest “Inside the Membership” report provides FY 2018 information on 239 of the more than 270 CDFIs that make up OFN’s membership. The vast…

January 2, 2020
News

Congress Approves $262 Million for CDFI Fund and Extends New Markets Tax Credit

The House and Senate have reached a $1.4 trillion spending agreement for Fiscal Year 2020, with a record-setting appropriation of $262 million…

December 21, 2019
Events, News

Oweesta Program Officer Reflects on Native CDFI ‘NEDTalks’

On October 22, First Nations Oweesta Corporation held “NEDTalks” (Native Economic Development Talks) as part of their day-long Native CDFI Convening at the OFN Conference…

December 12, 2019
News

OCC and FDIC Propose Major Changes to Community Reinvestment Act Regulations

For the first time in nearly 25 years, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance…

December 12, 2019
News

CDFIs ‘Make Dreams Come True’ by Creating Opportunity in Rural Spaces

by Jenn Lukens As healthcare is central to a community’s growth, Community Development Financial Institutions (CDFIs) present a unique opportunity for rural health…

December 4, 2019
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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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