NewsPPP Winds Down with CDFIs as Top LendersThe application window for PPP loans closed on May 31 and the final numbers are in. Community Financial Institutions (CFIs) — a… June 10, 2021
VoicesCDFIs in Focus During Congressional HearingsSeveral recent hearings on Capitol Hill have highlighted the work of CDFIs and their ability to reach underserved markets. These hearings are… June 10, 2021
VoicesCDFI Leaders Share Support for Proposed Community Revitalization Fund in The Hill Op-edOp-ed first published in The Hill on June 6, 2021. Contributed to The Hill by Ellis Carr, president and CEO of Capital… June 10, 2021
VoicesPresident Biden’s Full Fiscal Year 2022 Budget ReleasedOn May 27, President Biden released his long anticipated full Fiscal Year 2022 (FY 2022) budget request. Although the top line request… June 3, 2021
NewsCDFIs Continue to Outperform Other PPP LendersAs of May 5, the only lenders still authorized to process Paycheck Protection Program (PPP) applications until the May 31 deadline are CDFIs,… May 25, 2021
NewsUrge Congress to Support $1 Billion for the CDFI Fund!With the release of President Biden’s initial budget proposal last month and the expected release of the full budget document next week,… May 20, 2021
NewsOFN Members Testify at Hearing on CDFI and MDI Small Business LendingOn May 18, the House Small Business Subcommittee on Economic Growth, Tax, and Capital Access held a hearing entitled, “Examining the Role… May 20, 2021
NewsOCC Halts Widely Criticized 2020 Community Reinvestment Act RuleAfter nearly three years of ongoing advocacy, the CDFI industry received a major policy win when the Office of the Comptroller of… May 20, 2021
NewsOFN Members Testify at Senate Banking Hearing on Rural InvestmentOn April 20, the Senate Banking, Housing, and Urban Affairs Committee held a hearing entitled, “An Economy that Works For Everyone: Investing… April 29, 2021
