FHFA: Additional Data Released on Enterprise Fair Lending and Housing Goals
Today, the Federal Housing Finance Agency (FHFA) released several sets of demographic data related to Fannie Mae and Freddie Mac’s (the Enterprises) fair lending and housing goals activities. The rate of homeownership for minority families in the United States continues to lag well behind the national average. Fair lending is central to the principles under…
FHFA: Equitable Housing Finance Plans for Fannie Mae and Freddie Mac Announced
Public input requested on how Enterprises can sustainably advance equitable housing finance Today, the Federal Housing Finance Agency (FHFA) is announcing that Fannie Mae and Freddie Mac (the Enterprises) will submit Equitable Housing Finance Plans to FHFA by the end of 2021. The Enterprises will update these plans annually. The plans will identify and address…
SBA: $5.2 Million in PRIME Grants Awarded to Help Emerging Micro-entrpreneurs Gain Access to Capital
Grants Will Help 27 Organizations Provide Technical Assistance and Training Services to Economically Disadvantaged Businesses in HUB and Opportunity Zones The U.S. Small Business Administration has awarded 27 organizations across the United States a total of $5.2 million under the Program for Investment in Micro-Entrepreneurs (PRIME) grant awards. PRIME supports these nonprofit organizations as they help low-income entrepreneurs get…
OCC: Virtual Minority Depository Institutions Advisory Committee Meeting Scheduled for September 21st
The Office of the Comptroller of the Currency (OCC) today announced it will host a virtual public meeting of the Minority Depository Institutions Advisory Committee (MDIAC) on Tuesday, September 21, 2021. The meeting is open to the public and will begin at 10:00 a.m. Eastern Daylight Time (EDT). The MDIAC advises the OCC on steps…
HUD: Over $47 Million Awarded to Fight Housing Discrimination
Grants to support and promote fair housing nationwide The U.S. Department of Housing and Urban Development (HUD) today awarded $47.4 million to fair housing organizations across the country under its Fair Housing Initiatives Program (FHIP). The grants will support the efforts of 120 national and local fair housing organizations working to address violations of the Fair…
EDA: $3.5 Million in CARES Act Recovery Assistance Invested to Support Tech-Based Business Growth in Bloomington, IN
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.5 million CARES Act Recovery Assistance grant to the city of Bloomington, Indiana, to construct the Trades District Technology Center to support the growth of tech-based businesses. This EDA grant, to be matched with $1.6 million…
EDA: $3 Million Invested to Increase Commercial Space for Tech-Based Companies in Amherst County, VA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Economic Development Authority of Amherst County, Virginia, to provide operational space to technology-based industries. This EDA project, to be matched with $1.3 million in local funds, is expected to create 45…
EDA: $2.5 Million in CARES Act Recovery Assistance Invested to Boost Workforce Development Efforts in Amarillo, TX
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million CARES Act Recovery Assistance grant to the Panhandle Regional Planning Commission, Amarillo, Texas, to support the purchase and renovation of a workforce development center. This EDA grant will be matched with $551,187 in local…
EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Support Construction of a Healthcare Facility in Anthony, NM
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to the city of Anthony, New Mexico, to support construction of an Urgent Care medical facility. This EDA grant, to be matched with $375,000 in local funds, is expected…
EDA: $1.2 Million in CARES Act Recovery Assistance Invested to Support Post-Pandemic Recovery of Pennsylvania’s Small Businesses
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million CARES Act Recovery Assistance grant to Temple University, Philadelphia, Pennsylvania, to support the post-pandemic recovery of Pennsylvania’s small businesses through the PA Digital Transformation and E-commerce Program. This EDA grant, to be matched with…