News Congress Moves on Historic Infrastructure Packages Written by Mary Scott Hardwick & JK Phenix Over the last several months, Congress and the Biden Administration have been laying the groundwork to… August 26, 2021
News Federal Reserve Survey: CDFIs Report Positive Financial State, Influx of Clients, but Continued Staff, Capital Constraints CDFIs indicated a widespread influx of new customers, strong funding streams throughout the pandemic, and generally positive current financial states, according to results of… August 12, 2021
News Tell the Federal Reserve How COVID-19 Is Affecting Your Community In 2020, the Federal Reserve System conducted four rounds of surveys to better understand the range of challenges facing under-resourced and low-income… August 9, 2021
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 OCC to Propose Rescinding Community Reinvestment Act Rule Last month, the community development finance industry received a major victory in our years-long effort to reject the Office of the Comptroller… August 2, 2021
News House Appropriations Committee Approves $330 Million for CDFI Fund in FY 2022 Updated July 8, 2021 On June 24, the House Financial Services and General Government (FSGG) Subcommittee held a markup and approved their… July 24, 2021
Voices Ask Congress to Include CDFIs in Infrastructure Legislation! Infrastructure remains a focus this summer in Washington, D.C., and Congress needs to hear from you about how CDFIs can help rebuild… July 15, 2021
News Lisa Mensah Testifies at Senate Hearing on Access to Housing On June 24, the Senate Banking, Housing, and Urban Affairs Committee held a hearing on “Examining Bipartisan Bills to Increase Access to… July 12, 2021