News 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
News FDIC Launches Mission-Driven Bank Fund with Microsoft, Truist to Support CDFIs On September 16, The Federal Deposit Insurance Corporation (FDIC) announced the launch of a new Mission-Driven Bank Fund, a capital investment vehicle being… September 21, 2021
News President Biden Announces CDFI Leaders as Members of Community Development Advisory Board On September 15, President Joe Biden announced his intent to appoint the following individuals to serve on the Community Development Advisory Board…. September 17, 2021
News CDFI Fund Announces FY 2021 Technical Assistance Awards On September 16, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 191 organizations $24.1 million in Technical… September 17, 2021
News CDFIs Included in Unprecedented Infrastructure Funding Proposals This month, Congressional committees in the House of Representatives put forth legislation to implement the Biden-Harris Administration’s sweeping federal spending proposals outlined… September 16, 2021
News Biden Administration Proposes Major Investments in Affordable Housing On September 1, the Biden Administration rolled out a series of programmatic announcements to increase the supply of affordable housing. The White… September 14, 2021
News $5 Billion in New Markets Tax Credit Allocations Announced On September 1, the CDFI Fund announced $5 billion in New Markets Tax Credit (NMTC) allocations through the Calendar Year 2020 allocation… September 13, 2021
News OFN Applauds Release of Long-Awaited Small Business Data Collection Rule After more than a decade since the passage of the Dodd-Frank financial reform legislation, the Consumer Financial Protection Bureau (CFPB) finally put… September 1, 2021
News Congress Moves on Historic Infrastructure Packages Written by Mary Scott Hardwick & JK Phenix Over the last several months, Congress and the Biden Administration have been laying the groundwork to… August 26, 2021