Recap of OFN CONNECT+ Forum: Equitable Housing Finance
On May 18, OFN welcomed nearly 600 CDFI industry peers and other advocates from across the country for our CONNECT+ Forum: Equitable…
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Tag: Treasury
CDFI Fund Announces FY 2021 Bank Enterprise Award Recipients
On April 6, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced $26 million in awards to…
FY 2022 CDFI Bond Guarantee Program Application Period Now Open
On February 25, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2022…
CDFI Fund Announces FY 2021 Financial Assistance Awards
On December 8, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 265 organizations $180.3 million in…
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…
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…
State Small Business Credit Initiative Funded in the American Rescue Plan
On March 11, President Biden signed the $1.9 trillion American Rescue Plan into law. One significant provision of the bill for CDFIs is $10…
Historic Funding for CDFIs in FY2021 Omnibus Appropriations and COVID-19 Relief Bill
Updated January 7, 2021 On December 22, Congress passed a massive $900 billion FY2021 Omnibus Appropriations and COVID-19 Relief Bill that included historic…