SBA: SBA Adopts Office Of Management And Budget’s NAICS 2017 Revision For Its Table Of Small Business Standards
The U.S. Small Business Administration issued a final rule adopting the U.S. Office of Management and Budget’s (OMB) North American Industry Classification System (NAICS) revision for 2017 (NAICS 2017) for its table of small business size standards. The final rule is published in the Federal Register at: https://www.gpo.gov/fdsys/pkg/FR-2017-09-27/pdf/2017-20705.pdf NAICS 2017 created 21 new industries by reclassifying, combining, or…
FHFA: Input Requested On Draft Strategic Plan For Fiscal Years 2018-2022
The Federal Housing Finance Agency (FHFA) is requesting input on FHFA’s Strategic Plan: Fiscal Years 2018-2022. FHFA’s draft strategic plan reflects the Agency’s priorities as regulator of the Federal Home Loan Bank System and as regulator and conservator of Fannie Mae and Freddie Mac (the Enterprises). FHFA is requesting input from Members of Congress, the…
CDFI Fund: Treasury Guarantees $245 Million in Bond Funding for Projects in Low-Income Communities
Washington, DC—U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that Treasury issued two guarantees totaling $245 million under the Community Development Financial Institutions (CDFI) Bond Guarantee Program. The guarantees were issued on behalf of nine Eligible CDFIs under the fiscal year (FY) 2017 round of the program. Over $1.36…
ABA: Foundation Honors Six Banks with Community Commitment Awards
Categories range from affordable housing to community and economic development WASHINGTON — Six banks have been recognized as leaders in corporate social responsibility with an American Bankers Association Foundation Community Commitment Award. The awards were given to banks for their efforts in categories ranging from affordable housing to economic inclusion. Winners will be presented…
SBA: Ignite Tour Continues to Boise, Idaho
WHAT: Linda McMahon, head of the U.S. Small Business Administration and voice of small businesses on the President’s Cabinet, sparks her nationwide SBA Ignite Tour focused on listening to business owners; educating about SBA’s services for access to capital, mentoring and federal contracting; advocating for entrepreneurs and driving economic growth with small businesses. WHEN: …
SBA: Administrator Linda McMahon To Tour Stanley Marketplace To Highlight Role Of Small Businesses In Economic Growth
WHAT: Linda McMahon, head of the U.S. Small Business Administration and voice of small business on President Trump’s Cabinet, will tour and meet business owners at the Stanley Marketplace, 2501 Dallas Street, Aurora, CO 80010 on Thursday, Sept. 28 from 2-3 p.m. This trip sparks her nationwide SBA Ignite Tour focused on listening to…
HUD: East St. Louis Housing Authority Returns to Local Control
Agreement Marks the End of First and Longest Federal Receivership of a Local Housing Agency U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced that HUD is returning the East St. Louis Housing Authority (ESLHA) to local control after more than 30 years of federal receivership. Secretary Carson traveled to East St. Louis…
SBA: FY 2017 State Trade Expansion Program (STEP) Awards Announced
SBA Awards $1.9 Million to Expand Small Business Exporting in New England The U.S. Small Business Administration announced that $1.9 million in funding has been awarded to 6 State international trade agencies in New England through SBA’s competitive State Trade Expansion Program (STEP), to support export growth among U.S. small businesses. STEP is designed to…
CDFI Fund: U.S. Treasury Awards $208 Million for Investment Nationwide in Low-Income Communities
Funds Support Community Development and Revitalization Activity in Distressed Rural, Urban, and Native Communities The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 303 Community Development Financial Institutions (CDFIs) $208.7 million in awards today. The awards, through the fiscal year (FY) 2017 round of the Community Development Financial Institutions Program…
CFPB: Project Catalyst Collaboration with Credit Karma to Improve Understanding of Financial Well-Being
At the CFPB, we believe all consumers have the right to achieve greater financial well-being for themselves and their families. Over the past few years, we talked to consumers across the country to hear what they had to say about financial well-being and what it means to them. We learned that financial well-being means having…