Author: findCRA

FEMA: President Trump Approves Major Disaster Declaration for Utah

FEMA announced that federal emergency aid has been made available for the state of Utah to supplement state, tribal and local recovery efforts in the areas affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020, and continuing. Federal funding is available to state, tribal, eligible local governments and certain private nonprofit…

FEMA: President Trump Approves Major Disaster Declaration for Oregon for Flooding and Severe Storms

 FEMA announced that federal disaster assistance has been made available to the state of Oregon to supplement state, tribal and local recovery efforts in the areas affected by severe storms, tornadoes, straight-line winds and flooding on Feb. 5-9, 2020. The President’s action makes federal funding available to affected individuals in Umatilla County and the Confederated…

FEMA: President Trump Approves Major Disaster Declaration for Maine

FEMA announced that federal emergency aid has been made available for the state of Maine to supplement state, tribal and local recovery efforts in the areas affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020 and continuing. Public Assistance federal funding is available to the state, tribal and eligible local governments…

FEMA: President Trump Approves Major Disaster Declaration for Nevada

 FEMA announced that federal emergency aid has been made available for the state of Nevada to supplement state, tribal and local recovery efforts in the areas affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020, and continuing. Federal funding is available to state, tribal, eligible local governments and certain private nonprofit…

FEMA: President Trump Approves Major Disaster Declaration for Nebraska

FEMA announced that federal emergency aid has been made available for the state of Nebraska to supplement state, tribal and local recovery efforts in the areas affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020 and continuing. Public Assistance federal funding is available to the state, tribal and eligible local governments…

FEMA: President Trump Approves Major Disaster Declaration for Wisconsin

 FEMA announced that federal emergency aid has been made available for the state of Wisconsin to supplement state, tribal and local recovery efforts in the areas affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020 and continuing. Public Assistance federal funding is available to the state, tribal and eligible local governments…

SBA: Eligibility of Faith-Based Organizations to Participate in Paycheck Protection and Economic Injury Disaster Loan Programs

SBA Administrator Jovita Carranza today announced that SBA issued guidance clarifying that all faith-based organizations impacted by Coronavirus (COVID-19) are eligible to participate in the Paycheck Protection Program and the Economic Injury Disaster Loan program, without restrictions based on their religious identity or activities, to the extent they meet the eligibility criteria outlined in the CARES Act that was…

SBA: Paycheck Protection Program for Small Businesses Affected by the Coronavirus Pandemic Launches

One of Multiple Economic Relief Provisions to Protect Workers and Small Businesses The U.S. Small Business Administration Administrator Jovita Carranza today launched the Paycheck Protection Program, a $349 billion emergency loan program created last week with the President’s signing of the Coronavirus Aid, Relief, and Economic Security Act (CARES). The program provides forgivable loans up to $10 million to small…

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 January 2020. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

CFPB: Video Released on How Mortgage Forbearance Works under the CAREs Act

 The Consumer Financial Protection Bureau (Bureau) has released a video on how struggling homeowners can obtain mortgage forbearance if their finances are impacted due to the COVID-19 pandemic. The Bureau has also issued additional information for consumers on mortgage and student loan payment relief and how to avoid scams. Below are the resources for consumers:…