Author: findCRA

EDA: Over $33 Million in CARES Act Funding Invested to Support Recovery from Coronavirus Pandemic

The U.S. Department of Commerce’s Economic Development (EDA) administration has awarded over $10 Million in CARES Act Funding to support economic development and economic recovery in response to the coronavirus pandemic. Investments include: September 3, 2020 – U.S. Department of Commerce Invests $7.2 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping…

HUD: Localities Urged to Prevent Evictions by Using CARES Act Grant Funds

Rental assistance to prevent evictions is an allowable use of the $7 billion in HUD CARES Act funds Consistent with President Trump’s Executive Order “Fighting the Spread of COVID-19 by Providing Assistance to Renters and Homeowners”, the U.S. Department of Housing and Urban Development (HUD) has reiterated the Trump Administration’s commitment to minimize displacement and evictions resulting…

SBA: National Small Business Week to Kick-Off September 22-24

Today, Jovita Carranza, Administrator of the U.S. Small Business Administration, announced the kick-off for National Small Business Week. The virtual event, rescheduled from May due to the coronavirus pandemic, will be held September 22-24. National Small Business Week honors the nation’s small businesses, many of which are veteran, women and minority-owned, for their achievements and dedication to…

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in June 2020. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

ABA: Foundation Accepting Donations to Aid Bank Employees Affected by Hurricane Laura

Acting on a request from the Louisiana Bankers Association, the ABA Foundation will raise funds to assist bank staff hit hard by the storm The American Bankers Association Foundation today announced it will start collecting tax-exempt contributions through its new Disaster Relief Program to help aid bank employees directly affected by Hurricane Laura. The ABA…

EDA: $2.5 Million Invested to Make Wastewater Infrastructure Improvements in Marble Falls, TX

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the city of Marble Falls, Texas, to build a new flood-resistant wastewater treatment plant that will increase the city’s capacity to protect businesses from flooding and encourage additional business development. The EDA grant,…

EDA: $1.25 Million Invested to Improve Wastewater Infrastructure Near Opportunity Zone in Pulaski, VA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.25 million grant to the Town of Pulaski, Virginia, to make wastewater infrastructure improvements needed to support growth of the region’s vital manufacturing sector. The EDA grant, to be located near a Tax Cuts and Jobs Act Opportunity Zone,…

Census Bureau: Small Business Pulse Survey Phase 2 Weekly Data Released

The U.S. Census Bureau today released new data from the second phase of the experimental Small Business Pulse Survey. Data collection began Aug. 9, 2020. Results will be released weekly starting Aug. 20 through Oct. 15, 2020. The second phase includes questions on the core concepts from the first phase of the survey, as well as…

Census Bureau: Upcoming Webinar on Release of 2019 American Community Survey Statistics

What: The U.S. Census Bureau will hold a webinar on Sept. 10 from 2-3 p.m. EDT in advance of the Sept. 17 release of the 2019 American Community Survey statistics. The webinar will show participants how to access new data and online resources from the 2019 American Community Survey. Attendees will also learn about changes related to this release,…

EDA: $1.5 Million Invested to Make Critical Infrastructure Improvements in Artesia, NM

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Artesia, New Mexico, to support business location and expansion plans by making critical infrastructure improvements to the city’s industrial park. The EDA grant will be matched with $1.5 million in…