News PPP Reports Released, New Court Ruling on Borrower Eligibility Recently 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
News OFN Testifies at House Small Business Committee Virtual Forum On 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
News OFN and St. Louis Fed Launch New CDFI Connect Research Community OFN 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
News House Endorses $1 Billion for CDFI Fund Grants; 37 Senators Also Signal Support Updated May 15, 2020 On May 15, the House of Representatives passed the HEROES (Health and Economic Recovery Omnibus Emergency Solutions) Act… May 13, 2020
News Paycheck Protection Program: Update on CDFI Eligibility Yesterday, 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, News Save 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
News Join the Fight to #KeepCDFIsStrong We 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
News Shelterforce: CDFIs Are Helping Entrepreneurs with Criminal Records Build Credit Recently 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
News CDFIs Call for $1 Billion in New CDFI Fund Grants as PPP Misses the Mark Updated April 30, 2020 As Congress begins drafting “Phase 4” legislation to address the continuing health and economic impacts of COVID-19, OFN is strongly… April 22, 2020