EDA: $5.5 Million Invested to Support Transportation Infrastructure Improvements in American Canyon, CA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $5.5 million grant to the city of American Canyon, California, to improve transportation infrastructure in the Green Island Industrial District (GRID). This grant is funded by the American Rescue Plan. This project will recondition and expand…
EDA: $2.1 Million Invested to Expand Industrial Park in Batesville, AR
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.1 million grant to the city of Batesville, Arkansas, to make critical infrastructure at the city’s industrial park. This grant will construct roads, water, and sewer infrastructure to support expansion and business development at the industrial…
EDA: $1.2 Million Invested to Support Development of Maine Spaceport Complex in Augusta, ME
Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the Maine Space Grant Consortium, Augusta, Maine, to support development of the Maine SpacePort Complex. This project will finalize a strategic plan addressing workforce development, business development, and external engagement needs for the…
FEMA: President Biden Approves Emergency Declaration for U.S. Virgin Islands
FEMA announced that federal emergency aid has been made available to the territory in U.S. Virgin Islands to supplement the territory’s response efforts to the emergency conditions resulting from a water shortage and health impact from unprecedented sargassum seagrass influx beginning on July 15, 2022, and continuing. The President’s action authorizes FEMA to coordinate all disaster relief efforts which have the…
OCC: Research Solicited on Implications of Financial Technology for Banking
The Office of the Comptroller of the Currency (OCC) is soliciting academic-and policy-focused research on the impact of financial technology (fintech) entities and nonbanks on banking and the markets for lending, deposit-taking, and payment services through August 21, 2022. The OCC will invite authors of selected papers to present to OCC staff and invited guests…
Census Bureau: Household Pulse Survey Phase 3.5 Monthly Data Released
The U.S. Census Bureau today released new data from phase 3.5 of the experimental Household Pulse Survey (HPS). Phase 3.5 includes new questions on timing of positive coronavirus test, use of coronavirus treatments, the experience of long-COVID symptoms, amount of monthly rent and changes in monthly rent, children’s mental health and difficulty with self-care and communicating. Questions…
SBA: Funding Opportunity to Provide Entrepreneurship Training to Service-Disabled Veterans Announced
Today, the U.S. Small Business Administration announced a new funding opportunity for eligible non-profit organizations, state and local government agencies, private sector firms, and institutions of higher learning to provide entrepreneurship training to service-disabled veterans. The awarded organization(s) can use the funding to market, deliver, and scale existing service-disabled veteran entrepreneurs’ training programs for veterans, service-disabled veterans,…
CDFI Fund: Update on New CDFI Certification Application Process and Six-Month Blackout Period
CDFI Fund will pause acceptance of new CDFI Certification Applications and Target Market Modifications for six months to prepare for launch of the revised CDFI Certification Application and reporting requirements In May 2020, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) requested public comment on the application and reporting requirements for…
EDA: Nearly $70 Million in American Rescue Plan Funds Invested Last Week
Last week, the following grants were made under the American Rescue Plan Funds program and the CARES Act Recovery Assistance program: July 20, 2022 – U.S. Department of Commerce Invests $3.7 Million in American Rescue Plan Funds to Support Business Development in Vicksburg, Michigan July 20, 2022 – U.S. Department of Commerce Invests $1.8 Million in American…
Census Bureau: Schedule Released for Income, Poverty and Health Insurance Statistics and ACS Estimates for 2021
The U.S. Census Bureau’s schedule for the release of the 2021 Income, Poverty and Health Insurance statistics from the Current Population SurveyAnnual Social and Economic Supplement (CPS ASEC) and the American Community Survey (ACS) is as follows: Tuesday, Sept. 13, 2022 (no embargo): CPS ASEC will be released for calendar year 2021. National 2021 income statistics: Annual release of…