Blog

On March 21, The Hill published an op-ed entitled “Ensure small business survival during COVID-19 crisis: Fund the CDFI Fund” that urges Congress to allocate $1…

Wells Fargo has announced it is seeking to invest up to $50 million in capital for African American Minority Depository Institutions, or MDIs, as…

On March 4, Treasury Secretary Steven Mnuchin appeared before the House Appropriations Financial Services and General Government Subcommittee (FSGG) for a hearing on the Department…

Six local organizations, including OFN members Baltimore Community Lending and Latino Economic Develpment Center (LEDC), have received grants totaling $775,000 in a collaborative…

Amidst ongoing debate about proposed regulatory changes to the Community Reinvestment Act (CRA), Shelterforce’s March 5 article “Pulling the Rug From Under Community Development?” shares perspectives…

On February 24, 2020, the Federal Housing Finance Agency issued a Request for Input (RFI) soliciting guidance from the public on a series of…

On February 27, Charter Communications, Inc. announced the creation of the Spectrum Community Investment Loan Fund. The Loan Fund focuses on making…

On February 19, the Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC) extended the public comment period for proposed…

On 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…