Census Bureau: Household Pulse Survey Phase 3.9 Monthly Data Released
The U.S. Census Bureau today released new data from phase 3.9 of the experimental Household Pulse Survey (HPS). The HPS is an effort by the Census Bureau and other federal statistical agencies to inform federal and state response and recovery planning by providing near real-time data on the social and economic effects of the COVID-19 pandemic and…
HUD: Action Taken on Junk Fees in Rental Housing
Major online rental search platforms agree to provide tens of millions of consumers with better information about fees. Today, President Biden and U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge announced new commitments by several of the biggest rental housing search platforms to increase transparency of housing fees, and released new…
Census Bureau: New Report Released on Aging Veterans
A new report released today by the U.S. Census Bureau shows U.S. veterans 65 years or older were less likely to be at risk of experiencing social isolation than other older adults. The report, Aging Veterans: America’s Veteran Population in Later Life, examines characteristics of the nation’s 8.1 million veterans ages 65 or older in 2021….
SBA: Record-Breaking $163 Million Set in Federal Procurement Opportunities to Small Businesses
Today, Administrator Isabella Casillas Guzman announced that the Biden-Harris Administration exceeded its small business contracting goal of 23% in fiscal year (FY) 2022, awarding an all-time high 26.5% of federal contract dollars to small businesses. This historic level amounts to a $162.9 billion investment in the small business economy– an $8.7 billion increase from the previous fiscal year. Ten federal agencies earned an…
HUD: Initial Recipients for Thriving Communities Technical Assistance Announced
The U.S. Department of Housing and Urban Development (HUD) is pleased to announce initial recipients of technical assistance offered through its Thriving Communities Technical Assistance (TCTA) program: Syracuse, NY; Rockford, IL; Redmond, WA; and Sun Prairie, WI. TCTA is designed to help local governments ensure housing needs are addressed as part of their infrastructure investment…
EDA: $1.6 Million Invested for Water and Sewer System Upgrades Needed to Support Trucking Industry in Spindale, NC
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 town of Spindale, North Carolina, for water and sewer system improvements needed to support business growth and job creation in a region impacted by fluctuations in the energy economy. This project will provide…
EDA: $1.2 Million Invested for Sewer System Upgrades Needed to Support Manufacturing in Swainsboro, GA
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the Emanuel County Development Authority, Swainsboro, Georgia, for sewer infrastructure improvements needed to support local business growth and job creation. This grant will provide for sewer system upgrades at the I-16 Industrial Park needed…
OCC: Senior Deputy Comptroller for Large Bank Supervision Testifies on Climate-Related Financial Risks
Office of the Comptroller of the Currency (OCC) Senior Deputy Comptroller for Large Bank Supervision Greg Coleman today testified before the U.S. House of Representatives’ Committee on Financial Services’ Subcommittee on Financial Institutions and Monetary Policy on the agency’s supervision of climate-related financial risks. In his testimony, Mr. Coleman discussed the OCC’s supervision activities at…
SBA: SBIC Modernization Final Rule Issued to Support Reforms to Transform Public-Private Investment
Small Business Investment Company Program modernization will seed America’s next generation of fund managers while increasing funding for underserved and undercapitalized markets Today, Administrator Isabella Casillas Guzman announced the U.S. Small Business Administration (SBA)finalized a rule to modernize the Small Business Investment Company (SBIC) Program. Part of President Biden’s Investing in America Agenda, the SBIC Investment Diversification and Growth Rule will…
SBA: New Entrepreneurship Training Course Introduced for Military Spouses
Today, the U.S. Small Business Administration (SBA) launched a new business training program tailored to military spouses entitled “The Military Spouse Pathway to Business Program.” The program supports the recent White House Executive Order 14100, which strengthens economic opportunity for military and Veteran spouses, caregivers, and survivors. “The Biden-Harris Administration is working hard to create more economic opportunities for military families,…