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Blog

Category: News

News

House and Senate Begin Work on Extension of the New Markets Tax Credit

The authorization for the New Markets Tax Credit (NMTC) is set to expire at the end of 2019 and Congress has begun…

July 2, 2019
News

House Votes for Record Funding for CDFI Fund Programs

On June 26, 2019, the House passed the Fiscal Year (FY) 2020 Financial Services and General Government (FSGG) Appropriations bill, H.R. 3351 by a…

July 1, 2019
News

Wisconsin Rapids Daily Tribune Features OFN Member’s Work to Support Local Shopping Movement

Recently, Wisconsin Rapids Daily Tribune featured OFN member Wisconsin Women’s Business Initiative Corporation (WWBIC) in an article about the building momentum for the local shopping movement as…

June 28, 2019
News

New Awards Program Honors Native CDFIs

Nationwide, Native CDFIs help tribal communities overcome barriers to economic development and capital access. Led and run by tribal members, nearly 70…

June 28, 2019
News

FIELD at the Aspen Institute Is Now the Business Ownership Initiative

FIELD at the Aspen Institute is changing its name to the Business Ownership Initiative, which is an update to better reflect and communicate…

June 26, 2019
News

Global Impact Investing Network Releases 2019 Annual Impact Investor Survey

The Global Impact Investing Network’s (GIIN) 2019 Annual Impact Investor Survey demonstrates the increasing scale and maturity of the impact investing industry….

June 25, 2019
News

A Primer on CDFIs for Foundation and Nonprofit Leaders

Recently, The Center for Nonprofit Governance (CNG) within the Raj & Kamla Gupta Governance Institute at LeBow College of Business at Drexel University invited…

June 21, 2019
News

Stanford Social Innovation Review Profiles Collaborative CDFI Microlending Model in New Mexico

Despite many honest attempts to address inequity in the lending industry, the barriers to accessing capital for business owners in low-income and…

June 20, 2019
News

NBC News Highlights Hope Credit Union’s Work in Mississippi Banking Desert

Banks — where they are, who they lend to and on what conditions—are a key lever in the American economy. Yet branches…

June 20, 2019
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