House Endorses $1 Billion for CDFI Fund Grants; 37 Senators Also Signal Support
Updated May 15, 2020 On May 15, the House of Representatives passed the HEROES (Health and Economic Recovery Omnibus Emergency Solutions) Act…
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Tag: COVID-19
Save the Date—2020 Small Business Finance Forum: Virtual Edition!
This year, the Small Business Finance Forum takes place during a global pandemic. CDFIs—America’s financial first responders—are working tirelessly to provide COVID-19 relief…
Register for Mission Investors Exchange 2020 National Conference
Amplifying Impact, the Mission Investors Exchange (MIE) 2020 National Conference is one of the most anticipated events for impact investors in philanthropy, offering…
Wall Street Journal Article Highlights Barriers to CDFI Paycheck Protection Program Access
In an article published April 14 by The Wall Street Journal, reporter Amara Omeokwe highlighted the important role community lenders play in ensuring SBA Paycheck Protection Program…
The New York Times: OFN Advocates for More CDFI Participation in PPP
In the best of times, many black-owned business owners across the U.S. struggle to obtain bank financing to start or grow their…
ImpactAlpha: Community Banks Bridging Racial Gaps in COVID-19 Recovery
On April 9, impact investing news outlet ImpactAlpha published an article highlighting community development financial institutions (CDFIs) as “financial first responders” for small businesses most impacted…
Goldman Sachs CEO Talks CDFI Partnership on CBS This Morning
On April 9, Goldman Sachs CEO David Solomon spoke with Gayle King on “CBS This Morning” about partnering with CDFIs on the new CARES…
CNBC Op-Ed: Community Loan Funds Can Fix Flaws in Paycheck Protection Program
On April 6, CNBC published an op-ed by Seth Levine, founding partner of Foundry Group, and Elizabeth MacBride, founder of Times of Entrepreneurship, that details…
Southern Bancorp CEO Darrin Williams Talks Paycheck Protection Program on Fox News
On Saturday, April 4, Southern Bancorp CEO Darrin Williams appeared on Fox News with correspondent Leland Vittert to discuss the rollout of the…