Industry News

EDA: $2.4 Million in CARES Act Recovery Assistance Invested to Support Tourism Recovery in Maine

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million CARES Act Recovery Assistance grant to the Maine Department of Economic and Community Development, Augusta, Maine, to boost the state’s tourism industry through promotion and marketing. This EDA grant, to be matched with $600,000…

EDA: $2 Million in CARES Act Recovery Assistance Invested to Support Healthcare and Workforce Training at Cossatot Community College in Arkansas

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to Cossatot Community College of the University of Arkansas, De Queen, Arkansas, to support a Medical Mobile Unit and create a healthcare simulation lab and telemedicine space at all…

EDA: $2 Million in CARES Act Recovery Assistance Invested to Capitalize Revolving Loan Fund to Serve Small Businesses in Aurora, IL

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to Invest Aurora, Aurora, Illinois, to capitalize and administer a Revolving Loan Fund, providing gap financing to small local businesses. This EDA grant, to be matched with $500,000 in…

EDA: $2 Million in CARES Act Recovery Assistance Invested to Support Transportation, Business Development and Tourism in Taos, NM

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to the town of Taos, New Mexico, to build critical infrastructure to support the Taos Regional Airport and an adjacent business park. This EDA grant, to be matched with…

EDA: $713,300 Invested to Support Manufacturing and Business Expansion Efforts in Caldwell, TX

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $713,300 grant to the city of Caldwell, Texas, to make critical infrastructure improvements needed to support the growth of manufacturing in the region. This EDA grant, to be matched with $287,860 in local investment, is expected to create 23 jobs, retain 201…

SBA: $150,000 Announced to Fund Women’s Business Center in Tulsa, OK

The U.S. Small Business Administration announced the availability of $150,000 for a new grant opportunity for established and aspiring Women’s Business Center host organizations to provide outcome-oriented business services for women entrepreneurs in Tulsa, Oklahoma. The purpose of this funding opportunity is to provide grant dollars for one nonprofit organization to start a new, community-based Women’s Business…

SBA: National Small Business Week Virtual Summit Announced for September 13-15

SBA to Host Three-Day Live Summit of Learning and Online Education Sessions for Small Businesses The U.S. Small Business Administration has announced its 2021 National Small Business Week Virtual Summit for September 13-15, 2021. This year’s events will spotlight the resilience of America’s entrepreneurs and the renewal of the small business economy as they build back better from the economic…

HUD: FHA Extends Single Family Eviction Moratorium

Today’s announcement extends the eviction moratorium through September 30 for foreclosed borrowers and other occupants and notes expiration of the foreclosure moratorium on July 31. The Federal Housing Administration (FHA) on July 30, 2021, announced an extension of its moratorium on evictions for foreclosed borrowers and their occupants through September 30, 2021, and noted the expiration of the foreclosure moratorium on…

SBA: Contributions of Small Businesses Recognized as SBA Celebrates Nearly 70 Years of Service to America’s Entrepreneurs

The U.S. Small Business Administration today marks 68 years of service as a voice for America’s 30 million small businesses and innovative startups. For nearly seven decades, the SBA has been a part of the small business journey for business owners and entrepreneurs, helping them start, grow, expand, and recover from disasters. “Since our founding in 1953,…

FHFA: COVID-19 REO Eviction Moratorium Extended Through September 30, 2021

Today, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) are extending the moratorium on single-family real estate owned (REO) evictions until September 30, 2021. The REO eviction moratorium applies to properties that have been acquired by an Enterprise through foreclosure or deed-in-lieu of foreclosure transactions. The current moratorium…