NewsChairwoman Velazquez Includes CDFIs in End-of-Year Legislative PushAs the 116th Congress draws to a close, House Small Business Committee Chairwoman Nydia Velazquez (D-NY) continues to advance legislation that would enhance… December 15, 2020
NewsFinance Justice Fund Now Open for ApplicationsThe Finance Justice Fund is now open for applications from OFN member CDFIs! Announced on November 12 during the 2020 OFN Virtual Conference, the Finance Justice Fund… December 15, 2020
NewsFour CDFIs Receive Grow with Google Small Business Fund Loans and Google.org GrantsIn OFN’s most recent round of Grow with Google Small Business Fund loans and Google.org-funded grants, four CDFIs have received a total of $8.5 million… December 14, 2020
NewsCDFI Fund Expands Target Market Eligibility for PPP LendingOn December 9, CDFI Fund Director Jodie Harris announced that CDFIs that made PPP loans outside their approved target market(s) during calendar year 2020 will not… December 14, 2020
NewsThree CDFI Industry Leaders Elected to OFN Board of DirectorsOn November 11 at the OFN Annual Membership Meeting during the 2020 OFN Virtual Conference, member CDFIs placed their votes for three open seats on OFN’s Board… December 9, 2020
NewsThe Housing Fund Launches New Program for Nashville Homeowners with $2.25 Million Amazon DonationOn December 7, Amazon announced a $2.25 million donation to Nashville-based OFN member The Housing Fund. With this new capital injection, The Housing Fund… December 9, 2020
NewsOFN Welcomes 27 New Member CDFIs Since JulySince our last new OFN member update this past July, we’ve had 27 CDFIs join our membership. These most recent additions bring the total new… December 9, 2020
NewsSmall Businesses Survive-Adapt-Thrive with Cook Inlet Lending CenterThis year’s Native CDFI Awards honored two Native CDFIs for their unique approaches to helping Native-owned small businesses during the COVID-19 pandemic. Cook Inlet Lending… November 23, 2020
NewsLatest Round of Grow with Google Small Business Loans and Google.org Grants AnnouncedOFN is proud to announce the latest recipients of Grow with Google Small Business Fund loans and Google.org grants. Launched earlier this year… November 20, 2020