News

CSH (Corporation for Supportive Housing) announced it has joined the Federal Home Loan Bank of New York (FHLBNY) cooperative of eligible commercial banks, credit unions, savings institutions, community development financial institutions (CDFI), and insurance companies.

Last week, OFN put out an appeal for immediate disaster recovery support to help OFN Member staff who experienced Hurricane Harvey-related damage to their homes, automobiles, and possessions.

In a joint venture announced this month, the housing authority inked a deal involving national affordable housing developer Volunteers of America (VOA) andCommunity Development Trust (CDT), a private REIT and federally certified CDFI.

This week CDT makes a record donation for single family housing in Detroit. The HUD and DOJ awarded $8.7MM to prevent and end homelessness, and more!

This week, the House approved FY2017 Funding for the CDFI Fund, including a defeat of the Marino-Duffy Amendment, preserving $250MM for the CDFI Fund.