Congressman Dan Newhouse Visits OFN Member Lower Valley Credit Union
On May 31, Lower Valley Credit Union (LVCU) was thrilled to sit down with Congressman Dan Newhouse (R-WA) to discuss our community development…
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Category: News
Wells Fargo to Donate $1 Billion to Address Housing Affordability Crisis
On June 5, Wells Fargo announced an evolution of its philanthropic strategy to help address three critical issues affecting underserved communities: housing affordability, financial…
Forbes Article Features OFN Member’s Support for Women-Owned Businesses
When the large financial services company she worked at merged with another, Lia Hirtz lost her job running its office, which included…
Latest SBFF Updates: Plenary Sessions and Small Business Partner Showcase
“OFN is excited to announce two of our three plenary sessions at this year’s Small Business Finance Forum. The Tuesday plenaries will…
OFN Submits Comments to Treasury Urging Opportunity Zone Transparency
The IRS and Department of the Treasury recently closed a Request for Information commenting period on reporting, data collection, and transparency requirements…
House Subcommittee Approves $300 Million for the CDFI Fund in FY 2020
On June 3, the House Appropriations Financial Services and General Government (FSGG) Subcomittee approved its FY 2020 appropriations bill which included $300…
Recap of OFN Southeast Regional Meeting in Jacksonville, Florida
OFN’s Southeast Regional Meeting took place on Tuesday, May 21, in balmy Jacksonville, Florida. Around 80 attendees representing CDFIs, funders, government agencies,…
OFN Board of Directors Visits Our Nation’s Capital
During their May 14th visit to Washington, D.C., OFN’s Board of Directors hit the ground running by holding 17 meetings with federal…
$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…