Industry News

FEMA: Okfuskee County Added to Oklahoma Disaster Declaration

Okfuskee County has been added to the federal disaster declaration issued for Oklahoma on July 12 for the severe storms, tornadoes, straight-line winds and flooding that occurred April 30 to May 1. Okfuskee is now eligible to apply for FEMA’s Public Assistance (PA) funding to supplement state and local recovery efforts.  FEMA’s PA program reimburses counties,…

HUD: $28 Million Awarded to Clean Up Lead Hazards in Public Housing

Funding to identify and control potentially dangerous lead in thousands of homes with young children The U.S. Department of Housing and Urban Development (HUD) today awarded $27.8 million to 38 Public Housing Agencies (PHAs) in 25 states to identify and reduce lead-based paint hazards in thousands of older public housing units. Provided through HUD’s Public…

SBA: Makerspace Training, Collaboration and Hiring (MaTCH) Pilot Competition Winners Announced

Today, the U.S. Small Business Administration Acting Administrator Chris Pilkerton announced the winners of the Makerspace Training, Collaboration and Hiring (MaTCH) Pilot Competition. The SBA awarded $1 million in prize money to competition winners. “It is my privilege to announce the twelve winners of the SBA’ s MaTCH Pilot Competition. The MaTCH competition is a testament…

EDA: $633,355 Grant Awarded to Support Regional Life Sciences Innovation Cluster in Philadelphia, PA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $633,555 grant to the Ben Franklin Technology Partners of Philadelphia, Pennsylvania, to support the development of a new life sciences regional innovation cluster. This EDA grant, to be matched with $646,712 in local funds, is expected to create 35 jobs. “President Trump…

OCC: Comptroller of the Currency Visits Areas of Washington DC to Discuss Community Reinvestment Success and Opportunities

Comptroller of the Currency Joseph Otting, led a tour of Washington, D.C., areas that have benefitted from Community Reinvestment Act (CRA) activity and discussed how CRA regulations can be strengthened to promote more lending, investment, and services, where they are needed most. “CRA has help stabilize and revitalize neighborhoods across our country for more than…

OCC: Comptroller Visits Baltimore Affordable Housing Event

Comptroller of the Currency Joseph Otting and senior staff visited an event promoting affordable and sustainable homeownership in Baltimore on Monday. The free “Achieve the Dream” event hosted by the non-profit Neighborhood Assistance Corporation of America (NACA) was part of a series the organization hosts around the country that provides counseling to potential homebuyers, helps…

EDA: $880,000 Invested to Establish a Center for Cyber Security Workforce Training at Rose State College

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $880,000 grant to Rose State College of Midwest City, Oklahoma, to help build a cyber security center that will assist in satisfying industry demand for trained workers. The grant, to be matched with $3 million in local investment, is expected to create…

EDA: $3.38 Million Invested to Improved Infrastructure at the Lafayette Regional Airport

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Lafayette Airport Commission in Louisiana, to help construct and rehabilitate parking facilities at the Lafayette Regional Airport. The grant, to be matched with $3.38 million in local investment, is expected to help…

EDA: $986,000 Investment Made to Establish Kitchen Incubator and Business Accelerator in Millersburg, KY

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $986,000 grant to Community Ventures Corporation to convert the first floor of McIntyre/Rankin Hall located on the former Millersburg Military Institute property into a full-service kitchen incubator and business accelerator. The grant, to be matched with $766,615 in local investment, is expected…

ABA: Foundation Seeking Banks to Host 10th Annual Lights, Camera, Save! Video Contest

The American Bankers Association Foundation is urging banks across the country to participate in its Lights, Camera, Save! video contest. Lights, Camera, Save! is a national contest that encourages teens to use video to communicate the value of sound money management.  Through Lights, Camera, Save!, teen participants will create a video up to 90 seconds that demonstrates…