Opportunity finance news, stories, and voices

 

News

Jennifer A. Vasiloff / September 1, 2020 / Policy

On August 27, the CDFI Fund’s Community Advisory Board held a virtual meeting where OFN President and CEO Lisa Mensah spoke to the group, joining leaders from other CDFI membership associations on a...

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Jennifer A. Vasiloff / August 10, 2020 / Policy


OFN is very disappointed that COVID relief negotiations between Congressional leaders and the Trump Administration have broken down, especially as the health and economic impacts of the pandemic continue to disproportionately affect low-income communities and communities of color.

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Jennifer A. Vasiloff / June 29, 2020 / Policy

While initially sidelined, once CDFIs were brought in as PPP lenders they swiftly mobilized to help many of the smallest of these businesses—and recent data shows CDFI performance outpaced the larger lenders in the program.    ...

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/ June 6, 2020 / Newswire

As the Senate considers further legislation in response to the COVID-19 pandemic and resulting economic fall out, OFN partner the CDFI Coalition is kicking off a “Week of Action” on June 8 to increase resources for CDFIs in federal legislation ...

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/ May 29, 2020 / Newswire

On May 28, 2020, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2020 application for the Capital Magnet Fund.

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