NewsData.org To Launch $10 Million Impact ChallengeAt the World Economic Forum in Davos on January 23, The Rockefeller Foundation and The Mastercard Center for Inclusive Growth announced the relaunch of data.org, a partnership… January 24, 2020
NewsAmerican Banker Highlights CDFI Concerns About CRA ReformOn January 23, American Banker published an article entitled “Far from cheering CRA reform, CDFIs are worried,” which highlights how community development financial institutions… January 24, 2020
NewsHelpful Resources on the New CRA ProposalLast month, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) proposed sweeping reforms to the CRA regulations that could significantly… January 9, 2020
NewsAlternative Approach to CRA Modernization Articulated by Federal Reserve Board GovernorYesterday, Federal Reserve Board Governor Lael Brainard gave a speech at the Urban Institute outlining a vision for reforming the Community Reinvestment Act (CRA)… January 9, 2020
NewsSocial Impact Investing Panel at World Bank to Focus on CDFIsOn Wednesday, January 29, OFN SVP of Financial Services Andrea Longton will participate in a conversation at the World Bank Visitor Center in Washington, D.C., with… January 7, 2020
NewsOFN FY 2018 Inside the Membership Report Now AvailableOFN’s latest “Inside the Membership” report provides FY 2018 information on 239 of the more than 270 CDFIs that make up OFN’s membership. The vast… January 2, 2020
NewsCongress Approves $262 Million for CDFI Fund and Extends New Markets Tax CreditThe House and Senate have reached a $1.4 trillion spending agreement for Fiscal Year 2020, with a record-setting appropriation of $262 million… December 21, 2019
Events, NewsOweesta Program Officer Reflects on Native CDFI ‘NEDTalks’On October 22, First Nations Oweesta Corporation held “NEDTalks” (Native Economic Development Talks) as part of their day-long Native CDFI Convening at the OFN Conference… December 12, 2019
NewsOCC and FDIC Propose Major Changes to Community Reinvestment Act RegulationsFor the first time in nearly 25 years, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance… December 12, 2019