NewsOCC, FDIC Announce Extension of CRA Reform Public Comment PeriodOn February 19, the Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC) extended the public comment period for proposed… February 25, 2020
News20 OFN Members Receive Grants for Affordable HousingOn February 25, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced 38 recipients of the FY 2019 Capital… February 25, 2020
NewsAspen Institute Launches Playbook for Scaling Latino-Owned BusinessesOn February 13, the Aspen Institute’s Latinos & Society Program held a launch event for its new publication, A Playbook For Scaling Latino-Owned… February 13, 2020
NewsWeigh in on the Future of the Community Reinvestment ActThe March 9 deadline is fast approaching for members of the public to submit comments to the Office of the Comptroller of the Currency (OCC) and… February 10, 2020
NewsBlueHub Loan Fund Secures $75 Million in Inaugural Public Bond IssuanceOFN member BlueHub Loan Fund announced on January 31, 2020, that it has completed its first public debt offering, a $75 million Sustainability Bond—$56.25 million… February 10, 2020
NewsRepresentative DeSaulnier Introduces Equitable Transit Oriented Development ActOn February 7, Representative Mark DeSaulnier (D-CA) introduced the Equitable Transit Oriented Development Act (H.R. 5783), which would make community development financial… February 9, 2020
NewsCongress Holds Hearings on OCC-FDIC Community Reinvestment Act Reform ProposalOn January 29, Comptroller of the Currency Joseph Otting appeared before the House Financial Services Committee for a contentious hearing entitled “The Community Reinvestment Act:… February 9, 2020
NewsHoward University Explores “Financial Wellness in the African American Community” – CDFIs Are SolutionA recent national AARP survey of adults aged 30 plus found three in five African Americans experienced an unexpected financial challenge in 2019—and two… February 6, 2020
NewsNew Resources for CDFI Financial Reporting and ManagementOFN has launched a new online community on the CDFI Connect platform! Called “CDFI Financial Reporting & Management Forum,” we intend for this community… February 5, 2020