Opportunity finance news, stories, and voices

 

News

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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/ July 15, 2020 / Policy

On July 15, the CDFI Fund announced $3.5 billion in New Markets Tax Credit (NMTC) allocations through the 2019 allocation round to 76 community development entities (...

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Dafina Williams / July 8, 2020 / Policy

On July 8, the House Appropriations Financial Services and General Government (FSGG) Subcommittee approved its FY 2021 appropriations bill which includes $...

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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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