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On June 3, the House Appropriations Financial Services and General Government (FSGG) Subcomittee approved its FY 2020 appropriations bill which included $300…

On May 23, the Community Development Financial Institutions Fund (CDFI Fund) allocated $3.5 billion in New Market Tax Credits to 73 community development…

The IRS and Department of the Treasury released the long-awaited second tranche of regulations for Opportunity Zones in mid-April. The first round…

OFN continues to express our concerns that without strong reporting and transparency requirements, the communities impacted by Opportunity Zone investment will have…

The White House Opportunity and Revitalization Council recently held their first meeting and released their Implementation Plan. The White House Opportunity and…

With all the attention currently focused on Opportunity Zones by government officials, the private sector, and the press, it can be difficult…

On April 3, the Senate Small Business and Entrepreneurship Committee held a hearing entitled “Reauthorization of the SBA’s Access to Capital Programs”…

On April 10, CDFI Fund Director Jodie Harris testified at the Senate Committee on Indian Affairs Hearing entitled, “Building Out Indian Country:…

See below for key updates from the CDFI Fund: ​Apply Now: FY 2019 Funding Round for CDFI Program and NACA Program Open…