Events, News OFN Hosts Virtual Forum on CDFI Operations and Staffing Amid Industry Growth March 29, 2023
News Technology Investments Improve CDFIs’ Small Business Lending and Make Them More Competitive December 1, 2022
Events, News Policymakers Highlight Impact of CDFIs and MDIs in Small Business Lending During House Financial Services Hearing On February 17, the House Committee on Financial Services Subcommittee on Consumer Protection and Financial Institutions held a hearing entitled, “Small Businesses,… February 24, 2022
News SBA Rolls Out New PPP Forgiveness Application Portal and Guidance After months of urging by smaller lenders and OFN, the Small Business Administration (SBA) released new guidance to simplify the forgiveness process… August 2, 2021
News PPP Winds Down with CDFIs as Top Lenders The application window for PPP loans closed on May 31 and the final numbers are in. Community Financial Institutions (CFIs) — a… June 10, 2021
News CDFIs Continue to Outperform Other PPP Lenders As of May 5, the only lenders still authorized to process Paycheck Protection Program (PPP) applications until the May 31 deadline are CDFIs,… May 25, 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
