NewsHouse Subcommittee Approves $300 Million for the CDFI Fund in FY 2020On June 3, the House Appropriations Financial Services and General Government (FSGG) Subcomittee approved its FY 2020 appropriations bill which included $300… June 4, 2019
News$3.5 Billion in New Markets Tax Credit Allocations AwardedOn May 23, the Community Development Financial Institutions Fund (CDFI Fund) allocated $3.5 billion in New Market Tax Credits to 73 community development… May 28, 2019
NewsSecond Tranche of IRS Opportunity Zone Regulations ReleasedThe IRS and Department of the Treasury released the long-awaited second tranche of regulations for Opportunity Zones in mid-April. The first round… May 2, 2019
NewsOFN Continues to Advocate for Opportunity Zone Reporting Requirements and Community AccountabilityOFN continues to express our concerns that without strong reporting and transparency requirements, the communities impacted by Opportunity Zone investment will have… May 2, 2019
NewsThe White House Opportunity and Revitalization Council Prioritizes Opportunity Zones Across the Federal GovernmentThe White House Opportunity and Revitalization Council recently held their first meeting and released their Implementation Plan. The White House Opportunity and… April 30, 2019
NewsShare Your Opportunity Zones Strategy with the CDFI IndustryWith all the attention currently focused on Opportunity Zones by government officials, the private sector, and the press, it can be difficult… April 30, 2019
NewsOFN Board Member Testifies at Senate Small Business Committee HearingOn April 3, the Senate Small Business and Entrepreneurship Committee held a hearing entitled “Reauthorization of the SBA’s Access to Capital Programs”… April 26, 2019
NewsCDFI Fund Director Jodie Harris Testifies at Senate Committee on Indian Affairs HearingOn April 10, CDFI Fund Director Jodie Harris testified at the Senate Committee on Indian Affairs Hearing entitled, “Building Out Indian Country:… April 19, 2019
NewsLatest Updates from the CDFI FundSee below for key updates from the CDFI Fund: Apply Now: FY 2019 Funding Round for CDFI Program and NACA Program Open… April 4, 2019