SBA: Official Restaurant Revitalization Fund Application and Guidelines Announced
Economic relief prioritized for underserved communities SBA Administrator Isabella Casillas Guzman today announced key details on application requirements, eligibility, and a program guide for the Restaurant Revitalization Fund (RRF). The restaurant industry has been among the hardest-hit sectors during the economic downturn caused by the COVID-19 pandemic. To help bring jobs back and revive the industry, the American Rescue Plan, signed into law by President Joe Biden, established the $28.6…
CFPB: Interim Final Rule Clarifies Tenants Can Hold Debt Collectors Accountable for Illegal Evictions
Bureau Issues Interim Final Rule on Fair Debt Collection Practices Act The Consumer Financial Protection Bureau (CFPB) today issued an interim final rule in support of the Centers for Disease Control and Prevention (CDC)’s eviction moratorium. The CFPB’s rule requires debt collectors to provide written notice to tenants of their rights under the eviction moratorium…
HUD: $1.5 Million Awarded to Improve the Main Street in Three Communities
Kit Carson, Colorado, El Cerrito, California, and Stayton, Oregon to each receive a $500,000 grant to expand redevelopment efforts The U.S. Department of Housing and Urban Development (HUD) today awarded $1.5 million to help build affordable housing in Colorado, California, and Oregon. Kit Carson, Colorado will receive a $500,000 grant to redevelop two sites, the…
EDA: $3.3 Million in CARES Act Recovery Assistance Invested to Support Production of PPE and Develop Related Training in Lowell, MA
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.3 million CARES Act Recovery Assistance grant to the University of Massachusetts, Lowell, Massachusetts, to continue the production of PPE and to develop related training and curriculum, creating new job and economic opportunities following the pandemic. “President…
Census Bureau: Small Business Pulse Survey Phase 4 Weekly Data Released
The U.S. Census Bureau today released new data from the fourth phase of the Small Business Pulse Survey (SBPS). Data collection began Feb. 15. Results will be released weekly Feb. 25 to April 22. The SBPS includes questions on topics such as location closings, changes in employment, disruptions in the supply chain, the use of federal assistance initiatives such…
HUD: $41 Million Funding Opportunity Announced to Provide Stable Housing to Low-Income Persons Living with HIV and Their Families
The U.S. Department of Housing and Urban Development (HUD) is making $41 million in Housing Opportunities for Persons with AIDS (HOPWA) competitive funding available to states, local governments, and non-profits through the HOPWA: Housing as an Intervention to Fight AIDS funding opportunity. Housing instability has been a major issue facing many persons living with HIV…
EDA: $4.25 Million in CARES Act Recovery Assistance Invested to Support Workforce Development and Business Resiliency in Texas
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $4.25 million in CARES Act Recovery Assistance grants to help the state of Texas prevent, prepare for, and respond to the coronavirus pandemic. “President Biden is committed to creating new opportunities for employers and businesses as they recover…
EDA: $3.9 Million Invested in CARES Act Recovery Assistance to Support Pandemic Response and Resiliency Efforts in Virginia
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $3.9 million in CARES Act Recovery Assistance grants to help communities and businesses in Virginia respond to the coronavirus pandemic. “President Biden is committed to helping communities grow their critical business clusters to ensure that they not only…
EDA: $1.2 Million in CARES Act Recovery Assistance Invested to Expand Broadband Capacity in North Carolina
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million CARES Act Recovery Assistance grant to the city of Wilson, North Carolina, to increase broadband capacity and bolster the region’s ability to withstand future economic disruptions. This EDA grant, to be matched with $300,000 in…
EDA: $1 Million Invested to Improve Access to Barge Port Development in Monona County, IA
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the county of Monona, Iowa, to make critical roadway improvements and improve access to the Monona County Barge Port. This EDA project, to be matched with $1.6 million in state and local funds,…