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…
ABA: Officers, Board Nominated for 2017-2018
The American Bankers Association’s Nominating Committee has selected the official slate of candidates for election at the association’s annual convention to be held in Chicago, October 15-17. The committee, chaired by R. Daniel Blanton, senior executive vice president, South State Bank in Augusta, Ga., nominated the following candidates for ABA officer positions: CHAIRMAN: Kenneth L….
HUD: $55 Million Awarded for Housing and Community Development Projects in 77 Native American Communities
Today, the U.S. Department of Housing and Urban Development (HUD) awarded $55.2 million to 77 Native American tribes throughout the country to improve housing conditions and to stimulate economic development in their communities. HUD’s Indian Community Development Block Grant (ICDBG) Program is a competitive program that supports a wide range of community development and affordable…
SBA: Regulatory Changes Finalized to SBA Surety Bond Guarantee Program
The U.S. Small Business Administration has noted two important changes to its Surety Bond Guarantee (SBG) Program that will increase contract opportunities for small contractors, supporting them to grow their business operations. The changes will become effective on September 20, 2017. The SBA will increase the guarantee percentage in the Preferred Surety Bond Program from…