News President Biden Signs Bill Extending PPP to May 31 On 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
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
News Apply Now for $1.25 Billion in Rapid Response Grants The 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
News First Finance Justice Fund Loans Announced OFN 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
News Six Grow with Google Small Business Loans, Google.org Grants Announced As 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
News Rocky Start as SBA Re-opens Next Round of PPP Lending As 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
News Historic Funding for CDFIs in FY2021 Omnibus Appropriations and COVID-19 Relief Bill Updated 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
News Congress Includes CDFI Provisions in Bipartisan COVID Relief Legislation As 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
Voices ACE Accelerates Growth and Resiliency of Diverse Businesses with Wells Fargo Grant The 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