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Tag: Congress

OFN Testifies at Treasury Hearing on Opportunity Zone Regulations

The Department of the Treasury and the Internal Revenue Service (IRS) held a public hearing on the second round of Opportunity Zone…

August 2, 2019

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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

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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

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Congressman Dan Newhouse Visits OFN Member Lower Valley Credit Union

On May 31, Lower Valley Credit Union (LVCU) was thrilled to sit down with Congressman Dan Newhouse (R-WA) to discuss our community development…

June 13, 2019

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House Subcommittee Approves $300 Million for the CDFI Fund in FY 2020

On June 3, the House Appropriations Financial Services and General Government (FSGG) Subcomittee approved its FY 2020 appropriations bill which included $300…

June 4, 2019

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Welcome to the 116th Congress!

In early January, the historic 116th Congress was sworn into office in the midst of what became the longest government shutdown in…

January 30, 2019