HUD: $85 Million Awarded to Revitalize Three Low-Income Neighborhoods
Federal investments expected to generate more than $620 million in neighborhood reinvestment U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced three communities across the country will receive a combined $85 million to redevelop severely distressed public or assisted housing and to revitalize surrounding neighborhoods. Provided through HUD’s Choice Neighborhoods Initiative, these grants, and the…
HUD: FHA Proposes New Lender Certification Requirements
Effort designed to improve clarity and certainty of compliance rules, expand financing options for borrowers The Federal Housing Administration (FHA) today proposed several revisions to its lender certification requirements with the goal of providing lenders and servicers greater certainty in how to satisfy the agency’s compliance requirements. In providing greater certainty to the process, FHA…
HUD: FHA Offers Incentives for Property Owners Who Invest in Opportunity Zones
Lower costs and dedicated underwriters to stimulate housing investment in distressed neighborhoods The Federal Housing Administration (FHA) today announced a package of incentives to encourage multi-family property owners to invest in thousands of neighborhoods located in Opportunity Zones across the nation. Read today’s Housing Notice. FHA is introducing reduced application fees paid by property owners applying…
SBA: World Trade Month Kicks Off with Go Global Webinar Series
As part of World Trade Month, the U.S. Small Business Administration, along with several other federal agencies, will conduct a four-part webinar series entitled, “Go Global” starting May 9th. This online program aims to help participants gain valuable insights on strategies for international sales success. Presenting agencies in the webinar series include the U.S. Small Business Administration,…
EDA: Investment Made in Business Incubator and Workforce Training Facility in North Charleston, SC
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing in Homes of Hope Inc. to renovate an existing building in North Charleston, South Carolina, to serve as a business incubator and training facility. The investment will be matched by $2 million in local funds and is expected…
EDA: Investment Made to Boost Tourism-related Business Development in West Virginia
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced that it is investing in the Hatfield McCoy Regional Recreation Authority of Man, West Virginia, to help expand the Hatfield McCoy Trail System. The investment will be matched with $452,228 in local funds and is expected to help create 75 jobs and generate $5…
EDA: Investment Made to Help Bring Broadband Coverage to Cattaraugus Territory Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced that it is investing to help the Seneca Nation of Indians plan for and install broadband fiber throughout the Cattaraugus Territory in western New York. This investment will support a Tax Cuts and Jobs Act designated Opportunity Zone. “President Trump is committed to helping…
SBA: Office of Surety Guarantees Award Winners Recognized
The U.S. Small Business Administration (SBA) recognizes the Office of Surety Guarantees award winners for their continued work to help small contracting businesses acquire surety bonds. Three SBA surety bond partners were selected to receive awards based on their participation, activity, claims and recovery, and their commitment to helping small businesses obtain contracts with both…
SBA: Arizona Entrepreneurs Awarded 2019 Small Business Persons of the Year
Entrepreneurs from Iowa and Virginia also recognized by SBA as Runners-up Today, the U.S. Small Business Administration recognized and awarded this year’s Small Business Person of the Year, Jennifer Herbert (CEO) and Jeff Herbert (CSO) of Superstition Meadery, LLC from Arizona, during the 2019 National Small Business Week ceremony in Washington, D.C. “It is my honor to announce…
SBA: President Trump Proclaims National Small Business Week May 5-11
Today, National Small Business Week celebrations commence in the nation’s capital with a two-day award ceremony at the U.S. Institute of Peace where more than 75 national award winners from across the country and U.S. territories are gathered to be recognized for their major accomplishments. The two-day award ceremony will conclude Monday, May 6 with the announcement…