Blog
Tag: COVID-19
Apply Now for the Brand New CDFI Equitable Recovery Program
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2022 funding round for…
Federal Reserve Survey: CDFIs Report Positive Financial State, Influx of Clients, but Continued Staff, Capital Constraints
CDFIs indicated a widespread influx of new customers, strong funding streams throughout the pandemic, and generally positive current financial states, according to results of…
President Biden Signs Bill Extending PPP to May 31
On March 30, President Biden signed the Paycheck Protection Program (PPP) Extension Act which extends the program to May 31 from the original application deadline of March…
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…
First Finance Justice Fund Loans Announced
OFN is excited to announce the first two Finance Justice Fund recipients. Congratulations to Indianapolis Neighborhood Housing Partnership (INHP) and IFF, two CDFIs going deep to combat…
Six Grow with Google Small Business Loans, Google.org Grants Announced
As the COVID-19 crisis continues, CDFIs are best positioned to help small minority and women-owned businesses survive and recover from the pandemic’s economic…