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Blog

Category: News

News

New York CDFI Helps Fulfill American Dream with OFN and HSBC Bank Investment

Founded in 1997 and based in New York City, Business Center for New Americans (BCNA) focuses on providing access to capital and specialized training to low-to-moderate income…

February 3, 2020
News

Aspen Institute Job Quality Survey Due February 14

With the support of Prudential Financial, the Aspen Institute Economic Opportunities Program (EOP) is conducting a survey to learn about the work…

February 3, 2020
News

The Kresge Foundation Requests Information on Economic Mobility Strategies

The Kresge Foundation has released a Request for Information (RFI) to gain a stronger understanding of the current and unmet demand for grant and…

January 28, 2020
News

Change of Course from Consumer Financial Protection Bureau Could Help Home Buyers

Earlier this month, Consumer Financial Protection Bureau (CFPB) Director Kathleen Kraninger informed Members of the U.S. Senate Banking Committee that the Bureau…

January 27, 2020
News

Data.org To Launch $10 Million Impact Challenge

At the World Economic Forum in Davos on January 23, The Rockefeller Foundation and The Mastercard Center for Inclusive Growth announced the relaunch of data.org, a partnership…

January 24, 2020
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
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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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