EDA: $6 Million in CARES Act Recovery Assistance Invested to Support Business Capital and Resiliency Efforts in New York
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $6 million in CARES Act Recovery Assistance grants to provide critical gap financing and technical support to New York businesses impacted by the coronavirus pandemic. “President Biden is committed to unleashing the full power of the federal government…
EDA: $3 Million in CARES Act Recovery Assistance Invested to Support Business Growth in Industrial Park in Holdrege, NE
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million CARES Act Recovery Assistance grant to the city of Holdrege, Nebraska, to construct water, sewer, and street improvements to support business development at the Iron Horse Industrial Park. This EDA grant, to be matched with…
EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Establish Revolving Loan Fund to Assist Small Businesses in WV
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to Natural Capital Investment Fund, Inc., Charles Town, West Virginia, to capitalize and administer a Revolving Loan Fund that will provide critical gap financing to small businesses throughout West Virginia….
EDA: $525,000 in CARES Act Recovery Assistance Invested to Support Business Expansion and Growth Efforts in Hampton, SC
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $525,000 CARES Act Recovery Assistance grant to Lowcountry Regional Water System, Hampton, South Carolina, to update and improve the wastewater sewer system to support business expansion and attraction plans and bolster the region’s ability to withstand future economic disruptions. This EDA grant,…
HUD: HHS and HUD Announce Joint Effort to Increase Access to COVID-19 Vaccinations
U.S. Housing and Urban Development (HUD) Secretary Marcia L. Fudge and U.S. Health and Human Service (HHS) Secretary Xavier Becerra today announced a joint-agency effort to increase access to COVID-19 prevention and treatment services, including testing and vaccinations, among disproportionately affected communities, including among HUD-assisted households and people experiencing homelessness. This effort will leverage the…
SBA: Initial Results of Restaurant Revitialization Fund Announced
The SBA receives 186K applications; More than half of applications are from priority underserved business communities Today Administrator Isabella Casillas Guzman announced the initial results of the successful May 3rd launch of the Restaurant Revitalization Fund, showing more than 186,000 applications from restaurants and other food and beverage businesses in all 50 states, the District of Columbia, and…
HUD: New Education Campaign Launched in Observance of Mental Health Awareness Month
The U.S. Department of Housing and Urban Development (HUD) announced today that it is commemorating Mental Health Awareness Month 2021 this May with the launch of a new campaign that will educate the public about the various forms of housing discrimination people with mental health, intellectual or developmental disabilities often face, and what they should…
HUD: More Than $20 Million Made Available to Fight Housing Discrimination
Grants will support fair housing testing, education, enforcement activities The U.S. Department of Housing and Urban Development (HUD) announced that it is making $20,229,156 available to fair housing organizations across the nation working to fight housing discrimination. The funds will support a variety of activities, including fair housing testing, education and outreach, and capacity building,…
CFPB: FTC and CFPB Put Nation’s Largest Landlords on Notice about Tenants Pandemic Protections
Today, Consumer Financial Protection Bureau (CFPB) Acting Director Dave Uejio and Federal Trade Commission (FTC) Acting Chairwoman Rebecca Kelly Slaughter sent notification letters to the nation’s largest apartment landlords, which collectively own more than 2 million units. The letters remind these landlords of federal protections in place to keep tenants in their homes and stop…
ABA: Banks Encouraged to Submit Nominations for Annual ABA Foundation Community Commitment Awards
The ABA Foundation is seeking submissions for its ninth annual Community Commitment Awards. The awards, one of the industry’s highest honors for extraordinary bank commitment to communities, recognizes innovative, high-impact programs that improve the quality of life for customers and communities banks serve. The entry period ends July 1. “Over the last year, America’s banks worked…