FEMA: President Biden Approves Emergency Declaration for Connecticut
FEMA announced that federal emergency aid has been made available to the state of Connecticut to supplement state, tribal and local response efforts to the emergency conditions in the areas affected by Hurricane Henri, beginning on Aug. 21 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 emergency…
EDA: $915,210 in CARES Act Recovery Assistance Invested to Support Travel and Tourism Sectors in Las Vegas, NV
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $915,120 CARES Act Recovery Assistance grant to the Nevada System of Higher Education, Las Vegas, Nevada, to support the post-pandemic revitalization of Nevada’s travel and tourism sectors. This EDA grant, to be matched with $228,780 in local investment, is expected to create…
EDA: $644,045 in CARES Act Recovery Assistance Invested to Support Manufacturing Research and Workforce Development at the University of South Alabama
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $644,045 CARES Act Recovery Assistance grant to the University of South Alabama in Mobile, to renovate the Laboratory for Additive Manufacturing, creating a cyber research hub and supporting workforce development efforts. This EDA grant will be matched with $161,011 in local investment….
CFPB: New Report Finds Mortgage Refinance Loans Drove an Increase in Closed-End Originations in 2020
A new Home Mortgage Disclosure Act (HMDA) data report on residential mortgage lending trends released today by the Consumer Financial Protection Bureau finds that the total number of closed-end originations as well as applications increased substantially between 2019 and 2020. Closed-end originations (excluding reverse mortgages) increased in 2020 by 65.2 percent, from 8.3 million in 2019 to…
Census Bureau: Data Collection Begun for New Institute of Education Sciences School Pulse Panel Survey
The U.S. Census Bureau recently began collecting data for the new Institute of Education Sciences (IES) School Pulse Panel (SPP) Survey as part of the efforts to measure the impact of the COVID-19 pandemic on public school students and staff. The SPP is a new study sponsored by the National Center for Education Statistics (NCES) in the…
HUD: $2.7 Billion Funding Opportunity Announced to Help People Experiencing Homelessness
The U.S. Department of Housing and Urban Development (HUD) is making $2.656 billion in FY 2021 Continuum of Care Program (CoC) competitive funding available to homeless services organizations across the country for supportive services and housing programs for people experiencing homelessness. Read HUD’s Notice of Funding Opportunity (NOFO). “The safety of a stable home is essential…
SBA: PPP Direct Borrower Forgiveness Portal Surpasses Expectations and Accepts More than 340,000 Submissions in First Two Weeks
SBA portal significantly outpacing top PPP lenders not utilizing the Agency’s direct forgiveness tool in forgiveness submissions Since the opening of the Paycheck Protection Program (PPP) Direct Borrower Forgiveness Portal on August 4, the U.S. Small Business Administration has received more than 340,000 submissions from borrowers with PPP loans of $150,000 or less, highlighting Administrator Isabella Casillas Guzman’s priority of rushing relief to the smallest of small businesses and far exceeding expectations. In providing its new, streamlined portal, the SBA is also executing…
FHFA: 2022-2024 Housing Goals for Fannie Mae and Freddie Mac Published
Stakeholder comments requested for proposed goals which establish benchmarks, promote equitable access to affordable housing Today, the Federal Housing Finance Agency (FHFA) proposed housing goals for Fannie Mae and Freddie Mac (the Enterprises) for 2022 to 2024. The proposed housing goals are designed to ensure the Enterprises responsibly promote equitable access to affordable housing that reaches…
FEMA: President Biden Approves Emergency Declaration for Florida
FEMA announced that federal emergency aid has been made available to the state of Florida to supplement state, local and tribal response efforts to the emergency conditions resulting from Tropical Storm Fred, beginning on Aug. 13 and continuing. The President’s action authorizes FEMA to coordinate all disaster relief efforts to alleviate the hardship and suffering caused by the emergency on the local population,…
EDA: $2.65 Million Invested to Boost Business Growth and Workforce Development Efforts in West Virginia
U.S. Economic Development Administration Investments Expected to Create or Retain Nearly 1,000 Jobs and Generate $21.3 Million in Private Investment Today, U.S. Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo announced that the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $2.65 million in grants to support business development and workforce…