CFPB: Virtual Town Hall on Managing Money During the COVID-19 Pandemic with Pro Linebacker Brandon Copeland on October 27th
Consumer Financial Protection Bureau (Bureau) Director Kathleen L. Kraninger and Brandon Copeland, pro linebacker and University of Pennsylvania Professor, will host a virtual town hall to discuss how people can better manage their money during tough times. The event, titled “Pressure Creates Diamonds: Money Management During Coronavirus,” will take place on Tuesday, Oct. 27, 2020,…
EDA: U.S. Department of Commerce Launches $25 Million SPRINT Challenge to Address Coronovirus Pandemic Through Entrepreneurship and Innovation
Today, U.S. Secretary of Commerce Wilbur Ross announced the opening of the Economic Development Administration’s (EDA) new Scaling Pandemic Resilience Through Innovation and Technology (SPRINT) Challenge, which will enable organizations across the country to address the economic, health, and safety risks caused by the coronavirus pandemic through entrepreneurship and innovation. The SPRINT Challenge is a…
EDA: $4.8 Million Invested to Protect Businesses from Flooding and Support Economic Growth in Moberly, MO Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.8 million grant to the city of Moberly, Missouri, to make water and wastewater infrastructure improvements needed to support businesses growth. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be matched…
HUD: FHA Launches FHA Catalyst Electronic Multifamily Application Submission Capabilities
First FHA Catalyst module for Multifamily lenders will eliminate paper-based submissions of FHA insurance applications The Federal Housing Administration (FHA) today announced the availability of the first module on its FHA Catalyst technology platform for Multifamily lenders doing business with FHA. The FHA Catalyst: Multifamily Applications module will allow eligible Multifamily lenders to electronically submit applications for FHA…
ABA: Bank Employees Across U.S. Share Financial Knowledge with Students on Get Smart About Credit Day
Bank employees across the country will celebrate the American Bankers Association Foundation’s Get Smart About Credit Day on Oct. 15th by presenting virtual lessons to teens and young adults on a range of personal finance topics. Given the economic disruption from the ongoing pandemic, this year’s online campaign is particularly timely. Get Smart About Credit Day, celebrated…
EDA: $21.9 Million Invested to Boost Capacity of Crown Bay Terminal in St. Thomas, USVI Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $21.9 million grant to the Virgin Islands Port Authority, St. Thomas, United State Virgin Islands, to rebuild and expand cargo handling and storage infrastructure at the Crown Bay Terminal to support increased exports and imports and enhance…
EDA: $3.9 Million Invested to Establish Advanced Manufacturing and Construct Center of Excellence in Perry County, KY Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.9 million grant to the Kentucky Community and Technical College System, Versailles, Kentucky, to renovate an existing technological building at Hazard Community and Technical College in Perry County to house the College’s new Advanced Manufacturing and Construction…
EDA: $3.6 Million Invested to Improve Water System Infrastructure and Reliability in Dayton, OH
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.6 million grant to the city of Dayton, Ohio, to purchase and establish new electric generators needed to ensure continued business operations in Montgomery and Greene counties. The EDA grant will be matched with $900,000 in local…
EDA: $3.2 Million Invested to Make Critical Wastewater Improvements Near Beverly, WV Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.2 million grant to the town of Beverly, West Virginia, to make flood control infrastructure improvements needed to protect manufacturing and other businesses from flooding. The EDA grant, to be located near a Tax Cuts and Jobs Act Opportunity…
EDA: $3 Million Invested to Help Enhance Critical Infrastructure and Disaster Response Services for the Thlopthlocco Tribal Town
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Thlopthlocco Tribal Town, Okemah, Oklahoma, to support economic development and diversification efforts within the tribal area, as well as providing necessary infrastructure for disaster response. The EDA grant is expected to create…