NewsThe Federal Reserve Wants to Hear from CDFIs!Updated April 19, 2021 The Federal Reserve 2021 CDFI Survey is now open. Join your colleagues in completing the survey to better inform the… March 22, 2021
Events, NewsLisa Mensah Testifies Before Senate Small Business and Entrepreneurship CommitteeOn March 17, the U.S. Senate Committee on Small Business & Entrepreneurship held a hearing entitled “The Paycheck Protection Program: Performance, Impact,… March 19, 2021
NewsTake 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… March 18, 2021
NewsState Small Business Credit Initiative Funded in the American Rescue PlanOn March 11, President Biden signed the $1.9 trillion American Rescue Plan into law. One significant provision of the bill for CDFIs is $10… March 18, 2021
NewsOFN Welcomes Nine New Members Since DecemberWelcome to OFN’s newest member CDFIs! Since our last new member update in December 2020, we’re excited to share that nine CDFIs have… March 17, 2021
NewsLisa Mensah Joins Goldman Sachs ‘One Million Black Women’ Advisory CouncilOn March 9, Goldman Sachs announced its new One Million Black Women (OMBW) initiative, a $10 billion investment to positively impact at least one million Black women… March 10, 2021
NewsApply for Up to $2 Million Through Google.org Impact Challenge for Women and GirlsLaunched on International Women’s Day on March 8, the global Google.org Impact Challenge for Women and Girls (GIC) is committing $25 million to fund organizations creating pathways to prosperity for women… March 9, 2021
NewsOFN Weighs in on Federal Reserve CRA Reform ProposalFederal bank regulators continue efforts to update the Community Reinvestment Act (CRA) regulations. On February 16, OFN submitted comments to the Federal… February 25, 2021
NewsBiden Reforms to Paycheck Protection Program Advantage Smallest BusinessesOn February 22, the Biden Administration announced changes to the Paycheck Protection Program (PPP) designed to deepen the program’s ability to reach very small… February 25, 2021