HUD: Partnership Announced with the National Association of Real Estate Brokers (NAREB) to Address Appraisal Bias and Discrimination
Partnership will increase education, outreach, and other efforts to tackle appraisal bias and discrimination. The U.S. Department of Housing and Urban Development (HUD) and the National Association of Real Estate Brokers (NAREB) unveiled today a partnership aimed at tackling appraisal bias and discrimination in the housing market. This historic collaboration, set to launch in the…
HUD: $50 Million Choice Neighborhoods Implementation Grant Awarded to Tucson, AZ
The City of Tucson will redevelop Tucson House and the entire Thrive in the 05 neighborhood Today, U.S. Department of Housing and Urban Development (HUD) Principal Deputy Assistant Secretary for Public and Indian Housing Richard Monocchio announced the awarding of Choice Neighborhoods Implementation (CNI) grant for $50 million to the City of Tucson to redevelop…
Federal Reserve: Jeffrey R. Schmid Named 10th President and CEO of the Federal Reserve Bank of Kansas City
Schmid joins the Kansas City Fed August 21, 2023, with more than 40 years of regulatory and banking experience. The Federal Reserve Bank of Kansas City’s Board of Directors announced today that Jeffrey R. Schmid, president and chief executive officer of the Southwestern Graduate School of Banking Foundation at Southern Methodist University’s Cox School of Business, has…
CDFI Fund: CDFI Award Recipients Required to Comply with New Civil Rights Act Compliance Reporting Requirements
Award applicants required to complete a new Title VI Compliance Worksheet The Civil Rights Act of 1964, which ended segregation in public places and banned employment discrimination on the basis of race, color, religion, sex or national origin, also prohibits discrimination on the basis of race, color, or national origin in programs or activities receiving…
SBA: Small Business Loan Program Improvements Launched to Expand Access to Capital
Lending program improvements expand access to capital for small businesses and increases protection against fraud On August 1, the U.S. Small Business Administration (SBA) began implementing additional policies aimed at expanding small business access to capital by modernizing SBA’s signature 7(a) and 504 Loan Programs. Today’s loan program updates build on Administrator Isabella Casillas Guzman’s previous announcements that address…
HUD: $50 Million Choice Neighborhoods Implementation Grant Awarded to Wilmington, DE
The Wilmington Housing Authority will redevelop Riverside Public Housing and the entire Northeast area Today, U.S. Department of Housing and Urban Development (HUD) Deputy Secretary Adrianne Todman announced the awarding of a Choice Neighborhoods Implementation (CNI) grant for $50 million to the Wilmington Housing Authority and the City of Wilmington to redevelop Riverside public housing…
EDA: $2 Million Invested for Wastewater Infrastructure Improvements to Support Industrial Business Growth in Carrollton, KY
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Carrollton, Kentucky, for wastewater infrastructure improvements needed to support local business growth and job creation. This grant will expand the existing regional wastewater treatment plant to boost its capacity to support…
EDA: $1.6 Million Invested to Support Business Growth in Southern Texas
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the Harlingen Economic Development Corporation (HEDC), Harlingen, Texas, to develop a new industrial park to support business growth and job creation in the region near the U.S.-Mexico border. This grant will provide critical infrastructure…
EDA: $748,849 Invested to Boost Manufacturing Business Growth in Tennessee
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $748,849 grant to the University of Tennessee, Knoxville, Tennessee, to bolster Tennessee’s manufacturing sector. This grant will develop and implement a manufacturing growth model designed to improve workforce participation across Tennessee. The model will focus on distressed, disaster impacted, and coal impacted…