EDA: U.S. Department of Commerce Intends to Invest $24.8 Million in Disaster Supplemental Funding to Support Advanced Manufacturing Workforce Development in Virginia
Today, the U.S. Department of Commerce announced that the Economic Development Administration (EDA) intends to award $24.8 million in Disaster Supplemental funding to the Additive Manufacturing and Advanced Materials (AM2) coalition to support advanced manufacturing workforce development in southwest Virginia. This award will support the development of an advanced manufacturing certification program and provide new…
EDA: U.S. Department of Commerce Intends to Invest $7.4 Million in Disaster Supplemental Funding to Support the Timber Manufacturing Industry in Georgia
Today, the U.S. Department of Commerce announced that the Economic Development Administration (EDA) intends to award $7.4 million in Disaster Supplemental funding to the Resilient Growth Through Enabling Next Generation Agriculture (REGEN AG) coalition in Georgia. This award will support advancements in the local timber manufacturing industry, by building resilient supply chains in the regional…
EDA: U.S. Department of Commerce Intends to Invest $3 Million in Disaster Supplemental Funding to Support Aerospace Manufacturing Workforce Development in West Virginia
Today, the U.S. Department of Commerce announced that the Economic Development Administration (EDA) intends to award $3 million in Disaster Supplemental funding to the Aerospace, Resilience, Manufacturing, & Operations for Readiness (ARMOR) coalition to support aerospace manufacturing workforce development in West Virginia. This award will create a national hub for aerospace and defense innovation, through…
ABA: National Survey Finds U.S. Consumers Trust Banks Most for Fraud Protection
Poll also finds consumers support requiring social media and telecom companies to do more to fight fraud, Americans overwhelmingly satisfied with their bank U.S. adults overwhelmingly trust banks more than any other entity to protect them from fraud, according to a new survey conducted by Morning Consult on behalf of the American Bankers Association. By a…
HUD: Agency Announces Voluntary Compliance Agreement with Multnomah County Homeless Services Department in Oregon
Ensures Residents Have Equal Access to Housing Services Today, HUD announced that Multnomah County, Oregon, and the Multnomah County Homeless Services Department have agreed to stop dispensing assistance to the county’s homeless population based on race, color, and national origin in violation of the Fair Housing Act and Title VI of the Civil Rights…
EDA: U.S. Department of Commerce Intends to Invest $24 Million in Disaster Supplemental Funding to Support the Semiconductor Industry in Texas and Oklahoma
Today, the U.S. Department of Commerce announced that the Economic Development Administration (EDA) intends to award $24 million in Disaster Supplemental funding to the Texoma Semiconductor Tech Hub, to support the semiconductor industry in Texas and Oklahoma. This award will support accelerator programming and workforce development for the growing semiconductor industry and will also provide…
Treasury: Proposed Rules Issued to Implement the ROAD to Housing Act and Support Affordable Homeownership in America
Today, the U.S. Department of the Treasury issued proposed regulations to make homeownership more affordable for hardworking Americans. The proposed regulations implement Section 1001 of the 21st Century ROAD to Housing Act (ROAD to Housing Act), which restricts large institutional investors from purchasing single-family homes, codifying key requirements of President Trump’s Executive Order 14376, Stopping Wall Street from…
ICBA: OpenAI & ICBA Announce Strategic Alliance to Bring Frontier AI Cybersecurity Capabilities to Community Banks
The Independent Community Bankers of America (ICBA) and OpenAI today announced a landmark strategic alliance opens in a new tabto help community banks access AI-enabled cybersecurity capabilities, training, and peer-to-peer engagement. The alliance builds on ICBA’s broader advocacy to ensure community banks are included as advanced AI capabilities are developed and deployed. Earlier this year, ICBA led…
SBA: HUBZone Expansion Petitions Approved in 18 States
Approvals Cover 252 Governor-Designated Areas and Expand Access to HUBZone Certification for Rural Small Businesses Today, the U.S. Small Business Administration (SBA) announced that it has approved 18 governors’ petitions since January 2025 to create new Governor-Designated Covered Areas under the Historically Underutilized Business Zone (HUBZone) Program. These approvals establish 252 Governor-Designated Covered Areas, expanding access to…
HUD: Secretary Turner to Co-Chair the Task Force on Manufactured Housing Innovation
Following President Donald J. Trump signing an Executive Order, Secretary Turner will now co-chair the Task Force on Manufactured Housing Innovation to unleash more affordable and innovative housing. The Executive Order, Decreasing Housing Costs for the American People, established this task force to create a whole-of-government approach to ensure our nation is modernizing federal housing programs…