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Blog

Tag: Congress

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, 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
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