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Blog

Tag: Public Policy

News

OFN President and CEO Lisa Mensah Joins Treasury, Black Leaders for Racial Equity Roundtable

On June 30, Secretary of the Treasury Janet L. Yellen and Deputy Secretary of the Treasury Wally Adeyemo hosted a group of…

July 1, 2021
News

CDFI Fund Awards Historic $1.25 Billion in Rapid Response Grants

The Community Development Financial Institutions Fund (CDFI Fund) awarded $1.25 billion in emergency financial assistance to 863 CDFIs, the largest single funding…

June 15, 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
Voices

CDFIs in Focus During Congressional Hearings

Several recent hearings on Capitol Hill have highlighted the work of CDFIs and their ability to reach underserved markets. These hearings are…

June 10, 2021
Voices

CDFI Leaders Share Support for Proposed Community Revitalization Fund in The Hill Op-ed

Op-ed first published in The Hill on June 6, 2021. Contributed to The Hill by Ellis Carr, president and CEO of Capital…

June 10, 2021
Voices

President Biden’s Full Fiscal Year 2022 Budget Released

On May 27, President Biden released his long anticipated full Fiscal Year 2022 (FY 2022) budget request. Although the top line request…

June 3, 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

Urge Congress to Support $1 Billion for the CDFI Fund!

With the release of President Biden’s initial budget proposal last month and the expected release of the full budget document next week,…

May 20, 2021
News

OFN Members Testify at Hearing on CDFI and MDI Small Business Lending

On May 18, the House Small Business Subcommittee on Economic Growth, Tax, and Capital Access held a hearing entitled, “Examining the Role…

May 20, 2021
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