EDA: $3.2 Million in CARES Act Recovery Assistance Invested to Support Business Development and Job Creation Efforts in California
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $3.2 million in CARES Act Recovery Assistance grants to help the state of California prevent, prepare for, and respond to coronavirus. “President Biden is committed to empowering communities to build back stronger after the economic disruptions of…
EDA: $2.8 Million Invested to Expand Workforce Training Programs in Starke County, IN
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.8 million grant to Starke County Initiative for Lifelong Learning, Inc. (SCILL), Knox, Indiana, to construct a 12,000-square-foot workforce training center for precision welding, automation, robotics, and equipment maintenance programs. This EDA project, to be matched…
EDA: $2.2 Million Invested to Replace Critical Infrastructure and Support Job Creation in West Plains, MO
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.2 million grant to the city of West Plains, Missouri, to make critical railroad infrastructure improvements to support job creation and economic resiliency efforts. This EDA project, to be matched with $3.9 million in other federal,…
EDA: $1.75 Million in CARES Act Recovery Assistance Invested to Grow Healthcare Workforce Training Program in Grand Island, NE
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.75 million CARES Act Recovery Assistance grant to CHI Health St. Francis, Grand Island, Nebraska, to renovate its medical center and support the expansion of vocational training programs in healthcare. This EDA grant, to be matched…
EDA: $1.3 Million Invested to Support the Growth of Transportation, Distribution, and Logisitics Businesses in Avilla, IN
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the town of Avilla, Indiana, for road, water and sewer infrastructure to support expansion of the town’s industrial park and promote business growth and job creation. This EDA project, to be matched…
EDA: $894,960 in CARES Act Recovery Assistance Invested to Support Economic Diversification Efforts in Ho-Chunk Nation in Wisconsin
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $894,960 CARES Act Recovery Assistance grant to the Ho-Chunk Nation, Black River Falls, Wisconsin, to develop an economic diversification strategy plan that assesses assets, resources and potential opportunities to build economic resiliency. This EDA grant will be matched with $136,960 in local…
EDA: $820,550 Invested to Provide Technical Assistance to the Jicarilla Apache Nation in New Mexico
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $820,550 grant to the Jicarilla Apache Nation, Dulce, New Mexico, to provide technical assistance and develop an organization that will maximize the economic benefits of the Tribe’s energy resources. “The Economic Development Administration is pleased to support the Jicarilla Apache Nation as…
CFPB: Consumer Complaint Bulletin Highlights Consumers’ Difficulties During Pandemic
Spotty Responses by Companies Undermine COVID-19 Consumer Relief Related to Evictions, Economic Income Payments, and Student Loans The Consumer Financial Protection Bureau (CFPB) released a new complaint bulletin covering several areas of concern related to relief provided in response to the COVID-19 pandemic, including the Centers for Disease Control and Prevention (CDC) eviction moratorium. Some…
CFPB: As Federal Eviction Protections Come to an End, Agency Warns Landlords and Consumer Reporting Agenices to Report Rental Information Accurately
The Consumer Financial Protection Bureau (CFPB) today released an Enforcement compliance bulletin reminding landlords, consumer reporting agencies (CRAs), and others of their critical obligations to accurately report rental and eviction information. Inaccurate rental and eviction information on a tenant screening report or a credit report can unfairly block a family from safe and affordable housing….
FHFA: Use of Interest Rate Reduction Expanded to Help Borrowers with a COVID-19 Hardship Reduce Their Monthly Mortgage Payment
Changes to loan modification terms will help borrowers stay in their homes Today, the Federal Housing Finance Agency (FHFA) announced changes to loan modification terms for COVID-19 impacted borrowers with mortgages backed by Fannie Mae or Freddie Mac (the Enterprises) needing payment reduction for successful home retention. The updated terms are specifically for borrowers with…