News 20 OFN Members Receive Grants for Affordable Housing 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… February 25, 2020
News Congress Approves $262 Million for CDFI Fund and Extends New Markets Tax Credit The 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
News OFN Members and Allies Receive More Than $100 Million from CDFI Fund On November 19, the Community Development Financial Institutions Fund (CDFI Fund) awarded $188.7 million in grants and loans to 284 community development financial… November 20, 2019
News Senate Appropriations Committee Approves $251 Million for CDFI Fund in FY 2020 With just over a week until the end of fiscal year (FY) 2019, Congress has yet to finalize any of its spending bills to fund the federal government… September 20, 2019
News CDFI Fund Announces FY 2019 Technical Assistance and Bank Enterprise Awardees On September 19, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 73 Community Development Financial Institutions (CDFIs) $9.16… September 19, 2019
News House Votes for Record Funding for CDFI Fund Programs On June 26, 2019, the House passed the Fiscal Year (FY) 2020 Financial Services and General Government (FSGG) Appropriations bill, H.R. 3351 by a… July 1, 2019
News House Subcommittee Approves $300 Million for the CDFI Fund in FY 2020 On June 3, the House Appropriations Financial Services and General Government (FSGG) Subcomittee approved its FY 2020 appropriations bill which included $300… June 4, 2019
News $3.5 Billion in New Markets Tax Credit Allocations Awarded On May 23, the Community Development Financial Institutions Fund (CDFI Fund) allocated $3.5 billion in New Market Tax Credits to 73 community development… May 28, 2019
News CDFI Fund Director Jodie Harris Testifies at Senate Committee on Indian Affairs Hearing On April 10, CDFI Fund Director Jodie Harris testified at the Senate Committee on Indian Affairs Hearing entitled, “Building Out Indian Country:… April 19, 2019