News CDFIs Continue to Outperform Other PPP Lenders As of May 5, the only lenders still authorized to process Paycheck Protection Program (PPP) applications until the May 31 deadline are CDFIs,… May 25, 2021
News 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,… May 20, 2021
News OFN Members Testify at Hearing on CDFI and MDI Small Business Lending On May 18, the House Small Business Subcommittee on Economic Growth, Tax, and Capital Access held a hearing entitled, “Examining the Role… May 20, 2021
News OCC Halts Widely Criticized 2020 Community Reinvestment Act Rule After nearly three years of ongoing advocacy, the CDFI industry received a major policy win when the Office of the Comptroller of… May 20, 2021
News Policy Brief: How States Can Improve Child Care Facilities On May 4, the National Children’s Facilities Network (NCFN), along with the Center for Law and Social Policy (CLASP), Education Counsel, the… May 9, 2021
News New Finance Justice Fund Recipients Announced OFN is excited to announce the newest recipients of Finance Justice Fund loans and grants! Congratulations to the following three OFN member… May 3, 2021
News OFN Members Testify at Senate Banking Hearing on Rural Investment On April 20, the Senate Banking, Housing, and Urban Affairs Committee held a hearing entitled, “An Economy that Works For Everyone: Investing… April 29, 2021
News OFN Joins American Fintech Council Advisory Board On April 28, the American Fintech Council (AFC) announced that its Community Advisory Board is expanding to include more leading voices of… April 28, 2021
News 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… April 28, 2021