NewsOCC to Propose Rescinding Community Reinvestment Act RuleLast month, the community development finance industry received a major victory in our years-long effort to reject the Office of the Comptroller… August 2, 2021
NewsNew LISC Report Looks at Impact of Rural Community DevelopmentA new research paper from OFN member LISC demonstrates how intensive community development initiatives in two rural regions of California sowed the seeds… July 30, 2021
NewsAmber Kuchar-Bell Joins OFN as Chief Strategy and Operations OfficerOFN is pleased to announce that Amber Kuchar-Bell, a professional with a demonstrated history of driving capital to underserved communities, has joined… July 26, 2021
NewsHouse Appropriations Committee Approves $330 Million for CDFI Fund in FY 2022Updated July 8, 2021 On June 24, the House Financial Services and General Government (FSGG) Subcommittee held a markup and approved their… July 24, 2021
NewsPersistent Poverty and the Prevalence of CDFIsIn new research supported by the Robert Wood Johnson Foundation, Opportunity Finance Network shows the traditional measure of persistent poverty by county… July 15, 2021
NewsThree New Finance Justice Fund Recipients AnnouncedOFN is pleased to announce the latest recipients of Finance Justice Fund loans and grants! Congratulations to the following OFN member CDFIs… July 13, 2021
NewsMorgan Stanley Awards $21.7 Million to OFN to Support CDFI Industry and Equitable RecoveryOFN is pleased to announce Morgan Stanley has awarded $21.7 million in funding to support human capital and professional development for the… July 13, 2021
NewsLisa Mensah Testifies at Senate Hearing on Access to HousingOn June 24, the Senate Banking, Housing, and Urban Affairs Committee held a hearing on “Examining Bipartisan Bills to Increase Access to… July 12, 2021
NewsWoodforest National Bank and American Express National Bank Commit $8.8 Million to CDFIsOpportunity Finance Network (OFN) is pleased to announce new flexible capital resources available to CDFIs through the expansion of the CDFI Community… July 1, 2021
