NewsPresident Biden Signs Bill Extending PPP to May 31On March 30, President Biden signed the Paycheck Protection Program (PPP) Extension Act which extends the program to May 31 from the original application deadline of March… March 31, 2021
EventsSenator Mark Warner Sheds Light on New Policy Implications for CDFIs During OFN Webinar2021 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
NewsApply Now for $1.25 Billion in Rapid Response GrantsThe application period for the CDFI Rapid Response Program (CDFI RRP) is now open! The CDFI RRP will distribute $1.25 billion of… February 25, 2021
NewsFirst Finance Justice Fund Loans AnnouncedOFN is excited to announce the first two Finance Justice Fund recipients. Congratulations to Indianapolis Neighborhood Housing Partnership (INHP) and IFF, two CDFIs going deep to combat… February 22, 2021
NewsSix Grow with Google Small Business Loans, Google.org Grants AnnouncedAs the COVID-19 crisis continues, CDFIs are best positioned to help small minority and women-owned businesses survive and recover from the pandemic’s economic… January 14, 2021
NewsRocky Start as SBA Re-opens Next Round of PPP LendingAs America reckons with a Titanic scale economic impact from COVID-19, we can’t afford to wait for relief for small businesses that… January 12, 2021
NewsHistoric Funding for CDFIs in FY2021 Omnibus Appropriations and COVID-19 Relief BillUpdated January 7, 2021 On December 22, Congress passed a massive $900 billion FY2021 Omnibus Appropriations and COVID-19 Relief Bill that included historic… December 22, 2020
NewsCongress Includes CDFI Provisions in Bipartisan COVID Relief LegislationAs the year comes to a close, Congress continues to negotiate legislation to provide much-needed COVID relief but has yet to vote… December 15, 2020
VoicesACE Accelerates Growth and Resiliency of Diverse Businesses with Wells Fargo GrantThe magnitude of this global pandemic’s impact on small business is extraordinary, posing an unparalleled economic danger to families and communities. Unwavering… December 10, 2020