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Blog

Tag: Public Policy

News

Biden Administration Proposes Major Investments in Affordable Housing

On September 1, the Biden Administration rolled out a series of programmatic announcements to increase the supply of affordable housing. The White…

September 14, 2021
News

$5 Billion in New Markets Tax Credit Allocations Announced

On September 1, the CDFI Fund announced $5 billion in New Markets Tax Credit (NMTC) allocations through the Calendar Year 2020 allocation…

September 13, 2021
News

OFN Applauds Release of Long-Awaited Small Business Data Collection Rule

After more than a decade since the passage of the Dodd-Frank financial reform legislation, the Consumer Financial Protection Bureau (CFPB) finally put…

September 1, 2021
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
Janet Yellen speaking purple graphic
News

U.S. Treasury Secretary Janet Yellen Confirmed as OFN Conference Speaker

August 5, 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
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