Blog

On February 22, the Biden Administration announced changes to the Paycheck Protection Program (PPP) designed to deepen the program’s ability to reach very small…

The application period for the CDFI Rapid Response Program (CDFI RRP) is now open! The CDFI RRP will distribute $1.25 billion of…

Updated January 7, 2021 On December 22, Congress passed a massive $900 billion FY2021 Omnibus Appropriations and COVID-19 Relief Bill that included historic…

As the year comes to a close, Congress continues to negotiate legislation to provide much-needed COVID relief but has yet to vote…

As the 116th Congress draws to a close, House Small Business Committee Chairwoman Nydia Velazquez (D-NY) continues to advance legislation that would enhance…

In recent months, policymakers at the federal and state level have made strides to provide greater transparency and oversight of the small…

On September 24, the Community Development Financial Institutions Fund (CDFI Fund) awarded $204.1 million in grants and loans to 397 community development…

OFN is very disappointed that COVID relief negotiations between Congressional leaders and the Trump Administration have broken down, especially as the health…

On July 8, the House Appropriations Financial Services and General Government (FSGG) Subcommittee approved its FY 2021 appropriations bill which includes $273.5 million for the…