News $3.5 Billion in New Markets Tax Credit Allocations Awarded On May 23, the Community Development Financial Institutions Fund (CDFI Fund) allocated $3.5 billion in New Market Tax Credits to 73 community development… May 28, 2019
News Second Tranche of IRS Opportunity Zone Regulations Released The IRS and Department of the Treasury released the long-awaited second tranche of regulations for Opportunity Zones in mid-April. The first round… May 2, 2019
News OFN Continues to Advocate for Opportunity Zone Reporting Requirements and Community Accountability OFN continues to express our concerns that without strong reporting and transparency requirements, the communities impacted by Opportunity Zone investment will have… May 2, 2019
News The White House Opportunity and Revitalization Council Prioritizes Opportunity Zones Across the Federal Government The White House Opportunity and Revitalization Council recently held their first meeting and released their Implementation Plan. The White House Opportunity and… April 30, 2019
News Share Your Opportunity Zones Strategy with the CDFI Industry With all the attention currently focused on Opportunity Zones by government officials, the private sector, and the press, it can be difficult… April 30, 2019
News OFN Board Member Testifies at Senate Small Business Committee Hearing On April 3, the Senate Small Business and Entrepreneurship Committee held a hearing entitled “Reauthorization of the SBA’s Access to Capital Programs”… April 26, 2019
News CDFI Fund Director Jodie Harris Testifies at Senate Committee on Indian Affairs Hearing On April 10, CDFI Fund Director Jodie Harris testified at the Senate Committee on Indian Affairs Hearing entitled, “Building Out Indian Country:… April 19, 2019
News Latest Updates from the CDFI Fund See below for key updates from the CDFI Fund: Apply Now: FY 2019 Funding Round for CDFI Program and NACA Program Open… April 4, 2019
News Urge Congress to Support the CDFI Fund in FY 2020 Appropriations Spring has arrived in Washington DC, and that means appropriations season is heating up on Capitol Hill. With the recent release of… April 2, 2019