Federal Reserve: Six New Members of the Community Advisory Council Announced
The Federal Reserve Board on Friday announced six new members of its Community Advisory Council (CAC). The CAC is composed of a diverse group of experts and representatives of consumer, workforce, and community development organizations and interests. CAC members provide information, advice, and recommendations to the Board on relevant policy matters and emerging issues of…
Census Bureau: Small Business Pulse Survey Phase 8 Weekly Data Released
The U.S. Census Bureau today released new data from Phase 8 of the Small Business Pulse Survey (SBPS), which measures the effect of changing business conditions during the coronavirus pandemic and other major events such as hurricanes on our nation’s small businesses. The SBPS complements existing Census Bureau data by providing detailed, near real-time information on the…
Census Bureau: Household Pulse Survey Phase 3.4 Started
The U.S. Census Bureau today announced the beginning of data collection for phase 3.4 of the experimental Household Pulse Survey (HPS). Phase 3.4 includes a new question on receipt/intention to receive a COVID-19 vaccine booster; modifications to questions relating to children’s vaccinations that expand response options to include children’s age categories; modified reference periods for school enrollment…
SBA: 2022 Women’s Business Summit Announced for March 28-30th
In honor of Women’s History Month, the U.S. Small Business Administration (SBA) will hold its 2022 Women’s Business Summit on March 28-30, 2022. The summit will consist of virtual panels, “Ask an Expert” workshops, and fireside chats to help women-owned small businesses build, scale, and grow. In-person salon/listening sessions will also be held by local and regional hosts….
OCC: CRA Evaluations for 11 National Banks and Federal Savings Associations Released
The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of February 1, 2022 through February 28, 2022. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. The…
CFPB: Agency Estimates $88 Billion In Medical Bills on Credit Reports
Inaccurate medical billing data contaminates credit reporting system The Consumer Financial Protection Bureau (CFPB) today released a report highlighting the complicated and burdensome nature of the medical billing system in the United States. The report reveals that the U.S. healthcare system is supported by a billing, payments, collections, and credit reporting infrastructure where mistakes are…
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 commonwealth and local recovery efforts in the areas affected by severe storms, straight-line winds, tornadoes, flooding, landslides and mudslides from Dec. 31, 2021 to Jan. 2, 2022. Federal funding is available to commonwealth and eligible local governments and…
FEMA: President Biden Amends Major Disaster Declaration for Puerto Rico
FEMA announced that additional disaster assistance is available to the commonwealth of Puerto Rico for the earthquake disaster declared on Jan. 16, 2020. This assistance allows for additional federal funding at 90% of the total eligible cost for public assistance projectsundertaken as a result of the earthquakes during Dec. 28, 2019 to July 3, 2020. Previously,…
HUD: FHA Insures $24.5 Million Mortgage for Affordable Multifamily Housing in Northeast Denver
Insurance endorsement provided by FHA supports affordable financing to create 119 rental homes The Federal Housing Administration (FHA) announced on [February 28] that it has closed on a $24.5 million loan insured under FHA’s 221(d)(4) new construction mortgage insurance program for Wildhorse Ridge in Denver, Colorado. The insured loan will be used to finance the…