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Tag: Public Policy

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

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