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Blog

Category: News

News

Shelterforce Highlights Concern About Proposed Changes to Community Reinvestment Act

Amidst ongoing debate about proposed regulatory changes to the Community Reinvestment Act (CRA), Shelterforce’s March 5 article “Pulling the Rug From Under Community Development?” shares perspectives…

March 5, 2020
News

Federal Housing Finance Agency Seeks Advice on Issues Related to Federal Home Loan Bank Membership

On February 24, 2020, the Federal Housing Finance Agency issued a Request for Input (RFI) soliciting guidance from the public on a series of…

March 4, 2020
News

Charter Communications Launches $10 Million CDFI Loan Fund

On February 27, Charter Communications, Inc. announced the creation of the Spectrum Community Investment Loan Fund. The Loan Fund focuses on making…

February 28, 2020
News

OCC, FDIC Announce Extension of CRA Reform Public Comment Period

On February 19, the Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC) extended the public comment period for proposed…

February 25, 2020
News

20 OFN Members Receive Grants for Affordable Housing

On February 25, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced 38 recipients of the FY 2019 Capital…

February 25, 2020
News

Weigh in on the Future of the Community Reinvestment Act

The March 9 deadline is fast approaching for members of the public to submit comments to the Office of the Comptroller of the Currency (OCC) and…

February 10, 2020
News

BlueHub Loan Fund Secures $75 Million in Inaugural Public Bond Issuance

OFN member BlueHub Loan Fund announced on January 31, 2020, that it has completed its first public debt offering, a $75 million Sustainability Bond—$56.25 million…

February 10, 2020
News

Representative DeSaulnier Introduces Equitable Transit Oriented Development Act

On February 7, Representative Mark DeSaulnier (D-CA) introduced the Equitable Transit Oriented Development Act (H.R. 5783), which would make community development financial…

February 9, 2020
News

Congress Holds Hearings on OCC-FDIC Community Reinvestment Act Reform Proposal

On January 29, Comptroller of the Currency Joseph Otting appeared before the House Financial Services Committee for a contentious hearing entitled “The Community Reinvestment Act:…

February 9, 2020
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