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
News OFN Members Receive $110.5 Million from the CDFI Fund On September 24, the Community Development Financial Institutions Fund (CDFI Fund) awarded $204.1 million in grants and loans to 397 community development… September 24, 2020
