News Announcing Latest OFN Member CDFIs to Receive Google Funding OFN is pleased to announce the latest round of Grow with Google Small Business Fund loans and Google.org-funded grants to member CDFIs… September 14, 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 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 SBA Launches $100 Million Community Navigator Pilot Program On May 25, the U.S. Small Business Administration announced that it is accepting applications for its new Community Navigator Pilot Program. This… May 26, 2021
News CDFIs Continue to Outperform Other PPP Lenders As 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
News OFN Members Testify at Hearing on CDFI and MDI Small Business Lending On May 18, the House Small Business Subcommittee on Economic Growth, Tax, and Capital Access held a hearing entitled, “Examining the Role… May 20, 2021
News OFN Members Testify at Senate Banking Hearing on Rural Investment On April 20, the Senate Banking, Housing, and Urban Affairs Committee held a hearing entitled, “An Economy that Works For Everyone: Investing… April 29, 2021
News American Express to Invest $40 Million in Underfunded Small Businesses through Accion Opportunity Fund On April 20, American Express and OFN member Accion Opportunity Fund announced a new program to provide loans and other resources to… April 21, 2021
News Grow with Google Small Business Fund Marks One Year From the first days of COVID-19, CDFIs have been on the pandemic’s front line, providing financial support and services to small businesses,… April 8, 2021