EDA: President Biden Announces 21 Winners of $1 Billion American Rescue Plan Regional Challenge
Funding Provides Regional Investments to Transform Local Economies, Create Good-Paying Jobs, Jumpstart Emerging Industries, and Prepare Workforce for the Future Today, President Biden will announce the 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by…
FEMA: New Campaign by FEMA and the Ad Council Encourages Black Community to “Create a Lasting Legacy” by Preparing for Disasters
FEMA will also visit Howard University for series of events to kick off National Preparedness Month and announce the new campaign As part of FEMA’s ongoing approach to advance accessibility and cultural competency in boosting the nation’s preparedness, FEMA and the Ad Council created new PSAs developed specifically to reach Black and African American communities, which will…
HUD: FY 2023 Fair Market Rents Published
FMRs Will Make It Easier for Families with Housing Vouchers – Including Vouchers Created Under this Administration – to Use Their Vouchers to Access Affordable Housing The U.S. Department of Housing and Urban Development (HUD) today published Fair Market Rents (FMRs) for Fiscal Year 2023. FMRs, published annually, are an estimate of the amount of…
SBA: Call for Nominations for 2023 National Small Business Week Awards Announced
Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses in President Biden’s Cabinet, announced the call for nominations for the 2023 National Small Business Week (NSBW) Awards. The NSBW Awards recognize SBA-assisted small businesses’ inspirational achievements and contributions to their communities and our nation’s economy. All nominations should be…
CFPB: New Report Details Family Finances and Debt in Rural Appalachia
Appalachians Face Higher Debt Burdens and Worse Credit Conditions than Most Other Parts of Rural America The Consumer Financial Protection Bureau (CFPB) has issued the first in a series of reports focusing on the finances of consumers living in rural areas. Today’s report focuses on rural Appalachians, who tend to earn less than consumers in…
FEMA: President Biden Approves Emergency Declaration for Mississippi
FEMA announced that federal emergency aid has been made available to the state of Mississippi to supplement state response efforts due to emergency conditions resulting from a water crisis beginning on Aug. 30, 2022 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 on…
FHFA: Comprehensive Review of Federal Home Loan Bank System Announced
The review, FHLBank System at 100: Focusing on the Future, will include a series of listening sessions and regional roundtable discussions The Federal Housing Finance Agency (FHFA) today announced it will conduct a comprehensive review of the Federal Home Loan Bank (FHLBank) System beginning in the fall of 2022. “FHFA plays a vital role in…
OCC: Fourth Quarter 2022 and First Quarter 2023 CRA Evaluation Schedule Issued
The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the fourth quarter of 2022 and the first quarter of 2023. The OCC encourages public comment on the national banks and federal savings associations (collectively, banks) scheduled to be evaluated under the…
EDA: Over $56 Million in American Rescue Plan Funds Invested Last Week
Last week, the following grants were made under the American Rescue Plan Funds program: August 30, 2022 – U.S. Department of Commerce Invests $15.4 Million in American Rescue Plan Funds to Bolster Infrastructure for Business and Job Growth in West Virginia August 30, 2022 – U.S. Department of Commerce Invests $6 Million in American Rescue Plan Funds…