Blog

Tag: Public Policy

Tell the Federal Reserve How COVID-19 Is Affecting Your Community

In 2020, the Federal Reserve System conducted four rounds of surveys to better understand the range of challenges facing under-resourced and low-income…

August 9, 2021

News

U.S. Treasury Secretary Janet Yellen Confirmed as OFN Conference Speaker

August 5, 2021

News

SBA Rolls Out New PPP Forgiveness Application Portal and Guidance

After months of urging by smaller lenders and OFN, the Small Business Administration (SBA) released new guidance to simplify the forgiveness process…

August 2, 2021

News

OCC to Propose Rescinding Community Reinvestment Act Rule

Last month, the community development finance industry received a major victory in our years-long effort to reject the Office of the Comptroller…

August 2, 2021

News

House Appropriations Committee Approves $330 Million for CDFI Fund in FY 2022

Updated July 8, 2021 On June 24, the House Financial Services and General Government (FSGG) Subcommittee held a markup and approved their…

July 24, 2021

Voices

Ask Congress to Include CDFIs in Infrastructure Legislation!

Infrastructure remains a focus this summer in Washington, D.C., and Congress needs to hear from you about how CDFIs can help rebuild…

July 15, 2021

News

Lisa Mensah Testifies at Senate Hearing on Access to Housing

On June 24, the Senate Banking, Housing, and Urban Affairs Committee held a hearing on “Examining Bipartisan Bills to Increase Access to…

July 12, 2021

News

OFN President and CEO Lisa Mensah Joins Treasury, Black Leaders for Racial Equity Roundtable

On June 30, Secretary of the Treasury Janet L. Yellen and Deputy Secretary of the Treasury Wally Adeyemo hosted a group of…

July 1, 2021

News

CDFI Fund Awards Historic $1.25 Billion in Rapid Response Grants

The Community Development Financial Institutions Fund (CDFI Fund) awarded $1.25 billion in emergency financial assistance to 863 CDFIs, the largest single funding…

June 15, 2021