HUD: FHA Expands Foreclosure Relief for Victims of 2017 Disasters
New options offered to struggling homeowners impacted by hurricanes, wildfires and mudslides WASHINGTON – The Federal Housing Administration (FHA) today announced expanded mortgage relief to FHA-insured homeowners who live or work in areas impacted by Hurricanes Harvey, Irma and Maria as well as California wildfires and subsequent flooding and mudslides. FHA is instructing mortgage servicers…
SBA: Over $1 Billion in Disaster Loans Approved in Puerto Rico
The U.S. Small Business Administration announced that more than $1 billion in low-interest disaster loans has been approved for 28,106 Puerto Rico residents and businesses recovering in the aftermath of Hurricanes Irma and María which struck in September 2017. “Recovery for Puerto Rico has a long way to go. The SBA is still on the…
ABA: 7 Worthwhile Ways to Use Your Tax Refund
Average U.S. taxpayer receives nearly $3,000 refund WASHINGTON – According to the Internal Revenue Service, more than 70 percent of the nation’s taxpayers received a tax refund averaging nearly $3,000 in 2017 and will get a similar amount this year. As Americans receive their refunds along with additional benefits coming from the Tax Cuts and…
SBA: Administrator Appoints New Regional Regulatory Fairness Board Members
Three small business owners from Louisiana, Maine and Alaska respectively have been appointed to serve on the U.S. Small Business Administration’s Regional Regulatory Fairness Boards by SBA Administrator Linda McMahon. Regional Regulatory Fairness Boards in all 10 of SBA’s regions represent the voice of small businesses on regulatory fairness. Each board is comprised of five…
HUD: $35 Million Awarded to Promote Jobs, Self-Sufficiency for Public Housing Residents
In an effort to help low-income residents become self-sufficient, the U.S. Department of Housing and Urban Development (HUD) today awarded $34.9 million to public housing authorities, public housing resident associations, Native American tribes, and non-profit organizations across the nation to hire or retain service coordinators to help them find jobs, educational opportunities, and achieve economic…
SBA: Administrator Appoints New Members to Advisory Committee on Veterans Business Affairs
SBA Administrator Linda McMahon has named three new members for a three-year term to the Advisory Committee on Veterans Business Affairs. The Committee serves as an independent source of advice and policy recommendations to the SBA Administrator, the Associate Administrator of the Office of Veterans Business Development, Congress, the President and other U.S. policy makers under Section…
SBA: Office of the National Ombudsman Releases Annual Report on Small Business Issues
The Office of the National Ombudsman at the U.S. Small Business Administration recently released its annual report to the 115th Congress, rating federal agencies’ responsiveness to the regulatory enforcement issues small businesses faced during fiscal year 2016. Created by the Small Business Regulatory Enforcement Fairness Act in 1996, the Office of the National Ombudsman works…
SBA: National SBIR Road Tour to Engage Innovative Entrepreneurs Announced
The U.S. Small Business Administration announced today it will launch an 18-state road tour connecting entrepreneurs with next generation Research & Development ideas to the largest source of early stage funding led by the SBA’s Small Business Innovation Research and Small Business Technology Transfer programs. “We are dedicated to supporting America’s entrepreneurs wherever they are….
FEMA: Progess. Partnerships. Preparedness. Six Months after Hurricane Harvey
Six months since Hurricane Harvey battered the Lone Star State, Texans in coastal towns, urban areas, and rural counties continue to move forward with their unprecedented recovery. Hundreds of thousands of homeowners are already repairing or rebuilding their hurricane damaged houses or have found new rental apartments or homes. Their recovery activity was fueled by…