EDA: $2 Million Invested to Repurpose an Existing Commercial Facility to Support Growing Industries in West Frankfort, IL
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 city of West Frankfort, Illinois, to repurpose the West Frankfort Mall to serve growing industries. According to grantee estimates, the project is expected to create 218 jobs, retain 208 and generate $1.5…
EDA: $1.5 Million Invested to Make Critical Water Infrastructure Improvements Needed to Support Business Expansion in Durant, OK
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Durant, Oklahoma, to make critical water infrastructure improvements needed to support business expansion in the region. The investment will bring new growth to a Tax Cuts and Jobs Act-designated Opportunity…
FDIC: New Podcast Series Chronicles Causes, Responses to Financial Crisis
The FDIC today released a series of podcasts featuring discussions about Crisis and Response: An FDIC History, 2008–2013, the agency’s study of the banking and financial crisis. The podcast series gives listeners a unique behind-the-scenes perspective on the crisis, as FDIC officials share their insights into the agency’s decision-making strategies and actions. “The podcasts will allow…
EDA: $1.1 Million Invested to Modernize Workforce Training Facilities at Pine Technical College in Minnesota
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million grant to Pine Technical College of Pine City, Minnesota, to support their workforce training center modernization, upgrade and expansion project. “The Trump Administration is committed to supporting opportunities for technical training and manufacturing as a…
CDFI Fund: FY 2019 Funding Round for CDFI Program and NACA Program Open
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2019 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program). The awards from these programs will support Community Development Financial Institutions (CDFIs) that provide affordable financing…
SBA: National SBIR Road Tour Announced to Engage Small Businesses Working on High-Tech, High-Impact Ideas
The U.S. Small Business Administration (SBA) today announced it will launch a 16-stop road tour connecting entrepreneurs working on advanced technology to the country’s largest source of early stage funding – the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. Also known as America’s Seed Fund, the SBIR/STTR programs focus on…
FEMA: For National Financial Capability Month, FEMA Partners with FLEC for Events
Throughout the month of April, FEMA, in partnership with the Financial Literacy and Education Commission(FLEC), is celebrating National Financial Capability Month. Personal financial planning helps individuals and families prepare for disasters both big and small. Many people have experienced the challenges of rebuilding their lives after a disaster. In these stressful circumstances, disaster savings can help…
HUD: Fair Housing Month Kicks Off with Launch of Anti-Sexual Harassment Campaign and Training Initiative
HUD unveils “Call HUD: Because Sexual Harassment in Housing is Illegal” Campaign The U.S. Department of Housing and Urban Development (HUD) today launched a special campaign and training initiative to help protect people from harassment by landlords, property managers, and maintenance workers in HUD-assisted housing. “The Call HUD: Because Sexual Harassment in Housing is Illegal”…
FDIC: “Fintech and the Future of Banking Conference” Scheduled for April 24th in Arlington, VA
The Federal Deposit Insurance Corporation (FDIC) and Duke University’s Fuqua School of Business and Innovation and Entrepreneurship Initiative will host the Fintech and the Future of Banking conference on Wednesday, April 24, 2019. FDIC Chairman Jelena McWilliams and Treasury Secretary Steven Mnuchin will open the conference with a conversation about the role of financial technology and innovation…
FDIC: Upcoming Webinar for Financial Capability Month on April 17th
In recognition of Financial Capability Month, the FDIC will host a webinar on April 17 to help organizations learn how to use Money Smart tools. This webinar will also explain the benefits of joining the FDIC’s Money Smart Alliance, a free resource to help organizations learn new approaches and strategies on how to use Money…