News Congress Passes Third Short-Term Funding Bill through March 11 On February 18, President Biden signed another short-term continuing resolution to fund the federal government through March 11. This is the third continuing… February 25, 2022
Events, News Policymakers Highlight Impact of CDFIs and MDIs in Small Business Lending During House Financial Services Hearing On February 17, the House Committee on Financial Services Subcommittee on Consumer Protection and Financial Institutions held a hearing entitled, “Small Businesses,… February 24, 2022
Events, News OFN Members Testify at House Financial Services Committee Hearing On February 16, the House Committee on Financial Services held a hearing entitled, “An Unprecedented Investment for Historic Results: How Federal Support… February 24, 2022
Events, News CDFI Leaders Testify on Industry’s Impact in Underserved Communities at Senate Banking Hearing On February 9, the Senate Banking, Housing, and Urban Affairs Committee’s Subcommittee on Housing, Transportation, and Community Development held a hearing entitled,… February 11, 2022
News Bipartisan Persistent Poverty Bill Introduced in Congress On February 1, the bipartisan Targeting Resources to Communities in Need Act of 2022 was introduced in both the House and Senate. The bill,… February 9, 2022
News OFN Weighs in on CFPB Small Business Lending Data Collection Rule OFN recently submitted comments to the Consumer Financial Protection Bureau (CFPB) on the Notice for Proposed Rulemaking (NPRM) as part of the agency’s process to implement… January 14, 2022
News CDFI Leaders Testify at Senate Banking Hearing On January 5, the Senate Banking, Housing and Urban Affairs Committee’s Subcommittee on Housing, Transportation, and Community Development held a hearing entitled,… January 6, 2022
News CDFI Fund Announces FY 2021 Financial Assistance Awards On December 8, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 265 organizations $180.3 million in… December 10, 2021
News Lawmakers Pass Second Short-Term Funding Bill to Avoid Government Shutdown On December 2, Congress passed a short-term continuing resolution (CR) to maintain fiscal year (FY) 2021 spending levels through February 18, 2022…. December 7, 2021