NewsOCC Releases Final Community Reinvestment Act RuleOn May 20, the Office of Comptroller of the Currency (OCC) released its final Community Reinvestment Act (CRA) rule just six weeks after the… May 21, 2020
NewsPPP Reports Released, New Court Ruling on Borrower EligibilityRecently two reports on the Paycheck Protection Program (PPP) were released. In addition, a U.S. District Court in Michigan ruled that the… May 19, 2020
NewsOFN Testifies at House Small Business Committee Virtual ForumOn May 13, the House Small Business Subcommittee on Economic Growth, Tax, and Capital Access held a virtual forum for their members on the… May 19, 2020
NewsOFN and St. Louis Fed Launch New CDFI Connect Research CommunityOFN is excited to announce the launch of its newest community on our CDFI Connect virtual platform! Spearheaded by OFN’s Lance Loethen in partnership with Michael Eggleston of the… May 19, 2020
NewsHouse Endorses $1 Billion for CDFI Fund Grants; 37 Senators Also Signal SupportUpdated May 15, 2020 On May 15, the House of Representatives passed the HEROES (Health and Economic Recovery Omnibus Emergency Solutions) Act… May 13, 2020
NewsPaycheck Protection Program: Update on CDFI EligibilityYesterday, OFN President and CEO Lisa Mensah and other members of the OFN team spoke with U.S. Treasury Deputy Assistant Secretary for… May 7, 2020
Events, NewsSave the Date—2020 Small Business Finance Forum: Virtual Edition!This year, the Small Business Finance Forum takes place during a global pandemic. CDFIs—America’s financial first responders—are working tirelessly to provide COVID-19 relief… May 5, 2020
NewsJoin the Fight to #KeepCDFIsStrongWe invite you to join OFN all year long in our campaign to #KeepCDFIsStrong! Through the campaign, we aim to rally the CDFI… April 28, 2020
NewsShelterforce: CDFIs Are Helping Entrepreneurs with Criminal Records Build CreditRecently community development publication Shelterforce highlighted the work of CDFIs and other nonprofits to support enptreneurs with criminal records. In the April 20 article, entitled “Making Loans… April 23, 2020