ABA: D.C. Area Banker Lola Pol Wins ABA Foundation Distinguished Service Award
The ABA Foundation has named Lola Pol, branch manager for Capital Bank NA in Rockville, Md., the winner of its 2022 George Bailey Distinguished Service Award for her commitment to community lending and helping first-time, low-to-moderate income homebuyers achieve homeownership throughout the Washington, D.C. area. Pol will be recognized on Oct. 4 at ABA’s Annual…
EDA: Kathi Vidal Appointed to Serve as Third Federal Co-Chair of National Advisory Council on Innovation & Entrepreneurship
Today, U.S. Secretary of Commerce Gina Raimondo announced that Kathi Vidal, Under Secretary of Commerce for Intellectual Property and Director of the U.S. Patent and Trademark Office (USPTO), has been appointed as the third Federal Co-Chair of the National Advisory Council on Innovation & Entrepreneurship (NACIE). NACIE is a federal advisory committee managed by the U.S. Economic…
HUD: $9 Million Awarded to Provide Rental Assistance to Native American Veterans Experiencing Homelessness
The U.S. Department of Housing and Urban Development (HUD) today awarded 28 Tribal HUD-Veterans Affairs Supportive Housing (Tribal HUD-VASH) renewal awards, totaling more than $9 million, to provide rental assistance and supportive services to Native American Veterans experiencing or at risk of homelessness. “HUD is committed to serving Native American Veterans by ensuring that they…
HUD: $9 Million Awarded to Provide Rental Assistance to 218 Households with HIV/AIDS
The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $9 million to provide tenant-based rental assistance and supportive services to an estimated 218 households where one or more members are living with HIV/AIDS. The funds were awarded through HUD’s Housing Opportunities for Persons With AIDS (HOPWA) Program, the only Federal program dedicated…
CDFI Fund: FY 2022 CDFI Equitable Recovery Program Applications Due by September 22nd
As a reminder for fiscal year (FY) 2022 CDFI Equitable Recovery Program (CDFI ERP) Applicants, the deadline for online submission of the Application through the CDFI Fund’s Awards Management Information System (AMIS) is September 22, 2022 at 11:59 PM ET. To ensure a successful Application submission, the CDFI Fund encourages all FY 2022 CDFI ERP Applicants to…
SBA: New Collaboration with Operation HOPE Announced in Los Angeles Aimed at Empowering Black-Owned Small Businesses
Through New Alliance, Administrator Guzman, CEO Bryant, and Local Stakeholders Will Join Forces to Raise Awareness of Tools and Resources to Benefit Entrepreneurs from Underserved Communities Across the Nation Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses in President Biden’s Cabinet, joined John…
EDA: Over $54 Million in American Rescue Plan Funds Invested Last Week
The following grants were made under the American Rescue Plan Funds program: September 13, 2022 – U.S. Department of Commerce Invests $6.7 Million in American Rescue Plan Funds to Support Tourism Sector Through Development of New Visitor Infrastructure in Matanuska-Susitna Borough, Alaska September 13, 2022 – U.S. Department of Commerce Invests $5.8 Million in American Rescue Plan…
EDA: $3.1 Million Invested to Support Business Development and Job Growth in North Carolina
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $3.1 million in grants to support business development and job growth in North Carolina communities impacted by the declining use of coal. Gateway Research Park Inc., Greensboro, will receive a $2.1 million grant to expand a manufacturing facility…
EDA: $4 Million Invested to Boost Workforce Development Efforts in Panola County, MS
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to Panola County, Mississippi, to renovate a former outlet mall building for use as a workforce training center that will serve North Mississippi. This project will help establish the Concourse, a vocational and technical…
HUD: $1.7 Million Loan Guarantee for Mount Vernon, WA Library Commons Project Announced
The U.S. Department of Housing and Urban Development (HUD) today announced a $1.7 million loan guarantee for the Library Commons Project in the City of Mount Vernon, Washington. The loan guarantee, offered through the Section 108 Loan Guarantee Program (Section 108), will be used to finance the development of a new multi-use municipal facility that…