FDIC: Results of Summary of Deposits Annual Survey Released
The Federal Deposit Insurance Corporation (FDIC) today released results of its annual survey of branch office deposits for all FDIC–insured institutions as of June 30, 2021. The FDIC’s Summary of Deposits (SOD) provides deposit totals for each of the more than 81,000 domestic offices operated by more than 4,900 FDIC–insured commercial and savings banks, savings…
OCC: Virtual Minority Depository Institutions Advisory Committee Meeting Scheduled for September 21st
The Office of the Comptroller of the Currency (OCC) today announced it will host a virtual public meeting of the Minority Depository Institutions Advisory Committee (MDIAC) on Tuesday, September 21, 2021. The meeting is open to the public and will begin at 10:00 a.m. Eastern Daylight Time (EDT). The MDIAC advises the OCC on steps…
FEMA: President Biden Approves Emergency Declaration for California
FEMA announced that federal emergency aid has been made available to the state of California to supplement state, tribal and local response efforts due to the emergency conditions resulting from the Caldor Fire beginning on Aug.17, 2021, and continuing. The President’s action authorizes FEMA to coordinate all disaster relief efforts which have the purpose of alleviating the hardship and suffering caused by the…
Census Bureau: Small Business Pulse Survey Phase 6 Weekly Data Released
The U.S. Census Bureau today released new data from the sixth phase of the Small Business Pulse Survey (SBPS). Data collection began August 16. Results will be released weekly August 26 to October 21. New content in the SBPS Phase 6 covers difficulties hiring employees, new workplace norms, changes in demand for goods or services, and price changes…
HUD: Over $47 Million Awarded to Fight Housing Discrimination
Grants to support and promote fair housing nationwide The U.S. Department of Housing and Urban Development (HUD) today awarded $47.4 million to fair housing organizations across the country under its Fair Housing Initiatives Program (FHIP). The grants will support the efforts of 120 national and local fair housing organizations working to address violations of the Fair…
EDA: $3.5 Million in CARES Act Recovery Assistance Invested to Support Tech-Based Business Growth in Bloomington, IN
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.5 million CARES Act Recovery Assistance grant to the city of Bloomington, Indiana, to construct the Trades District Technology Center to support the growth of tech-based businesses. This EDA grant, to be matched with $1.6 million…
EDA: $3 Million Invested to Increase Commercial Space for Tech-Based Companies in Amherst County, VA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Economic Development Authority of Amherst County, Virginia, to provide operational space to technology-based industries. This EDA project, to be matched with $1.3 million in local funds, is expected to create 45…
EDA: $2.5 Million in CARES Act Recovery Assistance Invested to Boost Workforce Development Efforts in Amarillo, TX
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million CARES Act Recovery Assistance grant to the Panhandle Regional Planning Commission, Amarillo, Texas, to support the purchase and renovation of a workforce development center. This EDA grant will be matched with $551,187 in local…
EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Support Construction of a Healthcare Facility in Anthony, NM
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to the city of Anthony, New Mexico, to support construction of an Urgent Care medical facility. This EDA grant, to be matched with $375,000 in local funds, is expected…