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Blog

Tag: Biden Administration

News

Urge Congress to Prioritize CDFIs in Historic Build Back Better Proposal

Over the last few months, Congressional Democrats have been developing legislation that would implement the Biden-Harris Administration’s sweeping federal spending proposals outlined…

October 7, 2021
Voices

President Biden’s Full Fiscal Year 2022 Budget Released

On May 27, President Biden released his long anticipated full Fiscal Year 2022 (FY 2022) budget request. Although the top line request…

June 3, 2021
News

President Biden Releases Infrastructure Plan

Last week President Biden laid out the framework for his $2.25 trillion infrastructure plan. The American Jobs Plan touches on a number of CDFI…

April 6, 2021
News

President Biden Signs Bill Extending PPP to May 31

On March 30, President Biden signed the Paycheck Protection Program (PPP) Extension Act which extends the program to May 31 from the original application deadline of March…

March 31, 2021
Events

Senator Mark Warner Sheds Light on New Policy Implications for CDFIs During OFN Webinar

2021 has brought big political changes to Washington, D.C. — a new President, new Congressional leaders, and new opportunities. On March 4, Senator Mark Warner (D-VA) joined several hundred…

March 15, 2021
News

Biden Reforms to Paycheck Protection Program Advantage Smallest Businesses

On February 22, the Biden Administration announced changes to the Paycheck Protection Program (PPP) designed to deepen the program’s ability to reach very small…

February 25, 2021
News

Apply Now for $1.25 Billion in Rapid Response Grants

The application period for the CDFI Rapid Response Program (CDFI RRP) is now open! The CDFI RRP will distribute $1.25 billion of…

February 25, 2021
Voices

Philanthropy News Digest Interview with OFN President and CEO Lisa Mensah

After serving for two years as under secretary of agriculture for rural development in the Obama administration, Lisa Mensah joined OFN as…

January 15, 2021
News

Congress Includes CDFI Provisions in Bipartisan COVID Relief Legislation

As the year comes to a close, Congress continues to negotiate legislation to provide much-needed COVID relief but has yet to vote…

December 15, 2020
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