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…
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Tag: CDFI Fund
Urge Congress to Support $1 Billion for the CDFI Fund!
With the release of President Biden’s initial budget proposal last month and the expected release of the full budget document next week,…
CDFI Fund Opens First Funding Round for Small Dollar Loan Program
The CDFI Fund has opened the first funding round for the Small Dollar Loan Program (SDL Program). SDL Program funding is intended…
Biden Budget Proposal of $330 Million for CDFI Fund Falls Short
On April 9, President Biden released his long-awaited budget proposal outlining his administration’s federal spending priorities for fiscal year (FY) 2022. The…
Take Action to Support $1 Billion for CDFIs!
In the past year, more has been asked of the CDFI industry than ever before, and CDFIs have stepped up to serve…
Senator Mark Warner Sheds Light on New Policy Implications for CDFIs During OFN Webinar
2021 has brought big political changes to Washington, D.C. — a new President, new Congressional leaders, and new opportunities. On March 4, Senator Mark Warner (D-VA) joined several hundred…
Apply Now for $1.25 Billion in Rapid Response Grants
The application period for the CDFI Rapid Response Program (CDFI RRP) is now open! The CDFI RRP will distribute $1.25 billion of…
23 OFN Members Receive Grants for Affordable Housing
On February 22, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced more than $175 million in grants to 27…
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…