Blog

Welcome to OFN’s newest member CDFIs! Since our last new member update in December 2020, we’re excited to share that nine CDFIs have…

On 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…

Launched 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…

Federal bank regulators continue efforts to update the Community Reinvestment Act (CRA) regulations. On February 16, OFN submitted comments to the Federal…

On February 22, the Biden Administration announced changes to the Paycheck Protection Program (PPP) designed to deepen the program’s ability to reach very small…

The application period for the CDFI Rapid Response Program (CDFI RRP) is now open! The CDFI RRP will distribute $1.25 billion of…

As we expand our efforts to support our 330+ member Community Development Financial Institutions (CDFIs) in creating transformational change in underinvested rural, urban,…

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…

On February 22, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced more than $175 million in grants to 27…