...controversial 2020 Community Reinvestment Act (CRA) rule. The rule, which made major changes to the enforcement of the 1977 law, received widespread criticism from stakeholders, including OFN, banks, community groups,...
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...for small businesses. Several Committee members followed Barry-Fall and Sands’s testimony with questions: Ranking Member Meuser (R-PA) asked how well CDFIs and MDIs have served underserved communities and businesses through...
On April 20, the Senate Banking, Housing, and Urban Affairs Committee held a hearing entitled, “An Economy that Works For Everyone: Investing in Rural Communities.” Two leaders of OFN member...
On April 3, the Senate Small Business and Entrepreneurship Committee held a hearing entitled “Reauthorization of the SBA’s Access to Capital Programs” as part of the Committee’s efforts to reauthorize...
...Financial Services and General Government (FSGG) at its first hearing ever on the CDFI Fund entitled “Leveraging Private Capital For Underserved Communities and Individuals: A Look Into Community Development Financial...
...business lending. The Subcommittee’s acknowledgment of the role of CDFIs in helping grow our nation’s small businesses is a great testament to the work of the community development finance industry!...
NY Green Bank has announced the launch of RFP 19: Mandatorily Redeemable Preferred Equity for Disadvantaged Community Lenders which invites disadvantaged community-focused financial entities including CDFIs, insured credit unions and depository institutions, and...
...better experience for visitors and to more effectively communicate to new supporters what CDFIs do and the industry’s deep impact in low-income, low-wealth communities across America. Highlights of the new...