SBA: Agency Recognizes Innovative CHOICE Arrangements as Major Win for Small Businesses
Trump Administration Initiative Expands Health Insurance Affordability, Choice, and Coverage Options for Small Businesses and Workers Today, the U.S. Small Business Administration (SBA) joined the U.S. Department of Health and Human Services (HHS) and the Centers for Medicare and Medicaid Services (CMS) to announce CHOICE Arrangements. Formerly known as Individual Coverage Health Reimbursement Arrangements (ICHRAs),…
HUD: Secretary Turner Joins the National Tribal Housing Summit to Announce Inaugural Awards for Tribal Leaders and Celebrate Historic MOU Signing
Today, the Department of Housing and Urban Development (HUD) concluded its 2026 National Tribal Housing Summit and announced the inaugural HUD Secretary’s Awards for Excellence in Tribal Communities, honoring achievements in housing, community development, and support for Native youth. During the Summit, HUD’s Office of Public and Indian Housing (PIH) and the Department of the…
ICBA: 2026 National Community Bank Service Award Recipients Honored for Transformative Efforts to Uplift Local Communities
The Independent Community Bankers of America (ICBA) today announced the winners of its 2026 National Community Bank Service Awards, recognizing the innovative and exceptional efforts of the nation’s community banks to support and uplift local communities. Stories are featured in the September issue of ICBA’s Independent Banker magazine. “These award recipients demonstrate what makes community banks…
HUD: Agency Takes Action to Make Housing More Affordable
Secretary Turner took action to make housing more affordable by rescinding burdensome guidance that made building, buying, and renting a home more expensive. HUD issued new guidance applying the Fair Housing Act’s statute of limitations to claims alleging violations of the Act’s design and construction requirements. This replaces a flawed Obama-era legal interpretation and properly…
SBA: All Star Lineup Unveiled for Million Dollar Pitch Competition
Judges Nicki Minaj, Grant Cardone, and Joe Gebbia to join host Dean Cain at finale in Washington, D.C. Today, the U.S. Small Business Administration (SBA) announced the all-star judging panel and event host for the grand finale of the agency’s Million Dollar Pitch Competition. The judging panel will consist of global music icon and entrepreneur Nicki Minaj,…
HUD: Agency Increases Flexibility and Lowers Barriers for Public Housing Repositioning
Updated guidance provides more tools to keep housing safe, modern, and affordable HUD today announced updates to its public housing demolition and disposition program to make it easier for public housing authorities (PHAs) to address distressed public housing and maintain affordable housing in their communities through redevelopment. “Public housing should not be synonymous with blighted or derelict…
SBA: Agency and Department of War Establish Smaller War Plants Commission in Historic Effort to Strengthen Defense Industrial Base Capacity
Today, the U.S. Small Business Administration (SBA) and the U.S. Department of War (DoW) announced a historic initiative to expand American military capacity, capability, and resilience by establishing the Smaller War Plants Commission (SWPC). Created through a new Memorandum of Understanding (MOU), the Commission will marshal federal resources to expand production capacity, eliminate burdensome regulations, accelerate innovation, and provide targeted capital…
CDFI Fund: Agency Welcomes a New Director
Today, the U.S. Department of the Treasury announced Chris Miller as the Director of the Community Development Financial Institutions (CDFI) Fund. “I am honored to serve as a presidential appointee and Director of the CDFI Fund, bringing my industry experience in community development finance to this important role,” said Mr. Miller. “I look forward to…
SBA: Agency and Department of Energy Partner to Advance President Trump’s American Energy Dominance Agenda
Today, the U.S. Small Business Administration (SBA) and the U.S. Department of Energy (DOE) announced a Memorandum of Agreement (MOA) establishing a strategic partnership to advance President Donald J. Trump’s American energy dominance agenda. Signed by SBA Administrator Kelly Loeffler and Energy Secretary Chris Wright at an event today in Pennsylvania, the agreement establishes the Small Business Investment Company-Energy…
FDIC: Second Federal Savings and Loan Association of Philadelphia Assumes All Deposits of Tioga-Franklin Savings Bank, Philadelphia
Tioga-Franklin Savings Bank in Philadelphia was closed today by the Pennsylvania Department of Banking and Securities, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The FDIC entered into an agreement with Second Federal Savings and Loan Association of Philadelphia to assume all deposits and purchase substantially all assets of Tioga-Franklin Savings Bank. As…