SBA: 2023 Application for T.H.R.I.V.E. Executive Level Business Training for Entrepreneurs Announced
Today, the U.S. Small Business Administration (SBA) announced the opening of the 2023 application for a redesigned c-suite level training program for small business leaders, formerly known as Emerging Leaders. “T.H.R.I.V.E. Emerging Leaders Reimagined initiative will provide up-and-coming small business leaders with tools, knowledge, and access to the best and the brightest minds in economic development and business,” said Associate Administrator of…
FHFA: Input Requested on Multifamily Tenant Protections
In May 2023, the Federal Housing Finance Agency (FHFA) will issue a Request for Input (RFI) on multifamily tenant protections. Previously, FHFA announced in the White House Blueprint for a Renters Bill of Rights that the Agency would conduct a public stakeholder engagement process to identify tangible solutions for addressing the challenges renters are facing nationwide, particularly among underserved…
OCC: Agency Promotes National Financial Capability Month
The Office of the Comptroller of the Currency (OCC) encourages national banks and federal savings associations (collectively, banks) to support the financial capability and financial health of their customers, particularly during National Financial Capability Month in April. Banks promote financial capability by supporting programs that expand financial literacy through high-quality financial education and promote access…
FEMA: President Biden Approves Major Disaster Declaration for Navajo Nation
FEMA announced that federal disaster assistance has been made available for the Navajo Nation to supplement the tribal recovery efforts in the areas affected by severe winter storms and flooding that occurred Jan. 14-17, 2023. On April 11, the President authorized federal funding to be made available to the Navajo Nation and certain private nonprofit organizations…
SBA: Rules Implemented to Address Persistent Capital Access Gaps
Loan program updates will advance equity for rural, veteran, women, and minority-owned businesses The U.S. Small Business Administration has finalized two rules to address persistent gaps in access to capital impacting small business owners in underserved communities as part of the Biden-Harris Administration’s effort to grow the economy from the middle out and bottom-up, not…
FHFA: Final Rule Announced Amending the Enterprise Duty to Serve Underserved Markets Regulation
Enterprise activities in all colonia census tracts are eligible for Duty to Serve credit The Federal Housing Finance Agency (FHFA) today published a final rule to amend the Enterprise Duty to Serve Underserved Markets regulation. The final rule allows Fannie Mae and Freddie Mac’s (together, the Enterprises) activities in all colonia census tracts to be…
HUD: $98 Million Awarded in Choice Neighborhoods Implementation Grants and New $10 Million Funding Opportunity Opened for Local Planning Efforts
HUD’s Signature Place-Based Program Continues to Invest in “Housing, People, and Neighborhoods” Nationwide U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge today announced “Supplemental Grant” awards for Choice NeighborhoodsImplementation Grantees totaling more than $98 million. In addition, HUD is opening a notice of funding opportunity (NOFO) for $10 million to support local planning…
FEMA: President Biden Approves Major Disaster Declaration for Kentucky
FEMA announced that federal disaster assistance has been made available to the Commonwealth of Kentucky to supplement recovery efforts in the areas affected by severe storms, straight-line winds, tornadoes, flooding, landslides, and mudslides on March 3-4. The President’s action makes federal funding available to affected state and eligible local governments and certain private nonprofit organizations…
SBA: 2023 National Small Business Week Co-Sponsors and Virtual Summit Agenda Announced
Today, the U.S. Small Business Administration announced the 2023 National Small Business Week (NSBW) co-sponsors and the schedule for the Virtual Summit, taking place May 2-3, 2023. This year’s NSBW Virtual Summit will feature educational workshops presented by our co-sponsors, provide access to federal resources and offer networking to help our nation’s entrepreneurs start and grow their businesses. To register…
SBA: Resource Partners of the Year Announced
Winners offer outstanding counseling and funding opportunities for entrepreneurs Today, the U.S. Small Business Administration (SBA) announced four Resource Partners of the Year awards. SBA Resource Partners, funded in part by the SBA, provide America’s small businesses with technical assistance, training, and access to capital. In the first two years of the Biden-Harris Administration, a record-breaking 10.5 million…