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Tag: Public Policy

Rep. Velázquez and Sen. Menendez Introduce Bicameral Bill to Stop Predatory Small Business Loans

On November 18, Rep. Nydia M. Velázquez, the Chairwoman of the House Small Business Committee, and Senator Robert Menendez (D-NJ) introduced the…

November 18, 2021

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FDIC Creates New Office of Minority and Community Development Banking to Support Mission-Driven Banks

On November 2, Federal Deposit Insurance Corporation (FDIC) Chairman Jelena McWilliams announced the creation of a new office to support the agency’s…

November 4, 2021

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OFN Joins New Underserved Mortgage Markets Coalition

On October 21, a new coalition of 20 leading affordable housing organizations, including OFN, urged the Federal Housing Finance Agency (FHFA) to…

October 22, 2021

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Build Back Better Plan Partners with CDFIs: Focus on Affordable Housing

As Maxine Waters (D-CA), Chair of the House Financial Services Committee has emphasized: “Housing is Infrastructure!” Robust investments in affordable housing must…

October 20, 2021

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Build Back Better Plan Partners with CDFIs: Focus on Small Business

CDFIs play a critical role in strengthening America’s physical and financial infrastructure. In remarks during the 2021 OFN Virtual Conference, SBA Administrator…

October 19, 2021

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Urge Congress to Prioritize CDFIs in Historic Build Back Better Proposal

Over the last few months, Congressional Democrats have been developing legislation that would implement the Biden-Harris Administration’s sweeping federal spending proposals outlined…

October 7, 2021

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Urge Congress to Prioritize CDFIs in Historic Build Back Better Proposal

Over the last few months, Congressional Democrats have been developing legislation that would implement the Biden-Harris Administration’s sweeping federal spending proposals outlined…

October 7, 2021

News

Aspen Institute, St. Louis Fed Release ‘Future of Building Wealth’ Book Featuring Essay by OFN

The Aspen Institute Financial Security Program in partnership with the Federal Reserve Bank of St. Louis has released a digital book called…

September 30, 2021

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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