News Lawmakers Pass Second Short-Term Funding Bill to Avoid Government Shutdown On December 2, Congress passed a short-term continuing resolution (CR) to maintain fiscal year (FY) 2021 spending levels through February 18, 2022…. December 7, 2021
News First Round of Small Dollar Loan Program Awards Announced On September 23, the Community Development Financial Institutions Fund (CDFI Fund) at the Department of the Treasury announced $10.8 million in awards… September 23, 2021
News $5 Billion in New Markets Tax Credit Allocations Announced On September 1, the CDFI Fund announced $5 billion in New Markets Tax Credit (NMTC) allocations through the Calendar Year 2020 allocation… September 13, 2021
News CDFI Fund Awards Historic $1.25 Billion in Rapid Response Grants The Community Development Financial Institutions Fund (CDFI Fund) awarded $1.25 billion in emergency financial assistance to 863 CDFIs, the largest single funding… June 15, 2021
News Urge Congress to Support $1 Billion for the CDFI Fund! With the release of President Biden’s initial budget proposal last month and the expected release of the full budget document next week,… May 20, 2021
News CDFI Fund Opens First Funding Round for Small Dollar Loan Program The CDFI Fund has opened the first funding round for the Small Dollar Loan Program (SDL Program). SDL Program funding is intended… April 28, 2021
News Biden Budget Proposal of $330 Million for CDFI Fund Falls Short On April 9, President Biden released his long-awaited budget proposal outlining his administration’s federal spending priorities for fiscal year (FY) 2022. The… April 9, 2021
News Take Action to Support $1 Billion for CDFIs! In the past year, more has been asked of the CDFI industry than ever before, and CDFIs have stepped up to serve… March 18, 2021
Events Senator Mark Warner Sheds Light on New Policy Implications for CDFIs During OFN Webinar 2021 has brought big political changes to Washington, D.C. — a new President, new Congressional leaders, and new opportunities. On March 4, Senator Mark Warner (D-VA) joined several hundred… March 15, 2021