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Blog

Tag: Congress

Events, News

Lisa Mensah Testifies Before Senate Small Business and Entrepreneurship Committee

On March 17, the U.S. Senate Committee on Small Business & Entrepreneurship held a hearing entitled “The Paycheck Protection Program: Performance, Impact,…

March 19, 2021
News

Take Action to Support $1 Billion for CDFIs!

In the past year, more has been asked of the CDFI industry than ever before, and CDFIs have stepped up to serve…

March 18, 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
News

Historic Funding for CDFIs in FY2021 Omnibus Appropriations and COVID-19 Relief Bill

Updated January 7, 2021 On December 22, Congress passed a massive $900 billion FY2021 Omnibus Appropriations and COVID-19 Relief Bill that included historic…

December 22, 2020
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
News

Chairwoman Velazquez Includes CDFIs in End-of-Year Legislative Push

As the 116th Congress draws to a close, House Small Business Committee Chairwoman Nydia Velazquez (D-NY) continues to advance legislation that would enhance…

December 15, 2020
News

Policies to Require Transparency in Small Business Lending Gain Momentum

In recent months, policymakers at the federal and state level have made strides to provide greater transparency and oversight of the small…

October 14, 2020
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