CDFI Fund: CDFI Certification, ACR, and CTLR FAQs Now Available

FAQs Provide Clarification on Proposed CDFI Certification and Data Collections  In May, the Community Development Financial Institutions Fund (CDFI Fund) released for public comment proposed changes to the Community Development Financial Institution (CDFI) Certification Application and the Annual Certification and Data Collection Report (ACR), as well as a new CDFI Transaction Level […]

Census Bureau: Household Pulse Survey Phase 2 Biweekly Data Released

The U.S. Census Bureau today released new data from the second phase of the experimental Household Pulse Survey. The Household Pulse Survey is the result of an effort by the Census Bureau and other federal statistical agencies to document temporal trends in how individuals are experiencing business curtailment and closures, stay-at-home orders, […]

SBA: Network of Small Business Resource Partners Honored During National Small Business Week

During the 2020 National Small Business Week, the U.S. Small Business Administration honored its resource partners for their impact on local economic development and support of small business creation and growth across the nation. Additionally, all of the SBA’s Resource Partners were recognized for providing resources to small businesses as they work to […]

FHFA: House Price Index Up 1.0 Percent in July; Up 6.5 Percent from Last Year

 House prices rose nationwide in July, up 1.0 percent from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA HPI).  House prices rose 6.5 percent from July 2019 to July 2020. FHFA also revised its previously reported 0.9 percent price change for June 2020 to 1.0 percent. For […]

FHFA: Updates to Public Use Databases for Fannie Mae and Freddie Mac Announced

The Federal Housing Finance Agency (FHFA) has released new and revised datasets for the Public Use Databases​ (PUDBs) of single-family and multifamily mortgage acquisitions by Fannie Mae and Freddie Mac (the Enterprises). New data for 2019 are now available as well as final versions of data for 2018 that replace the […]

EDA: $3.52 Million Invested to Protect Businesses from Flooding in Bristol, NH

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.52 million grant to the Town of Bristol, New Hampshire, to make flood control infrastructure improvements needed to protect the downtown commercial district. The EDA grant will be matched with $500,000 in […]

OCC: New Report Shows Mortgage Performance Decline in Second Quarter 2020

The Office of the Comptroller of the Currency (OCC) reported the performance of first-lien mortgages in the federal banking system declined during the second quarter of 2020. The OCC Mortgage Metrics Report, Second Quarter 2020 showed 91.1 percent of mortgages included in the report were current and performing at the end of […]

SBA: Timothy Porter of Appddiction Studio, LLC of Texas Named 2020 Small Business Person of the Year

Logistics and Transportation Entrepreneur from Florida also recognized by SBA as Runner-up Today, the U.S. Small Business Administration recognized this year’s Small Business Person of the Year, Timothy Porter of  Appddiction Studio, LLC, of Texas, during the 2020 National Small Business Week virtual ceremony. “It is my honor to announce Timothy Porter of Appddiction Studio, LLC, is […]

SBA: $5.5 Million in PRIME Grants Awarded to Help Emerging Micro-Entrepreneurs Gain Access to Capital

Grant Awardees Include 23 Provider Organizations Located in Opportunity Zones Thirty organizations across the United States that assist disadvantaged entrepreneurs are set to receive nearly $5.5 million in grants from the U.S. Small Business Administration’s Program for Investment in Micro-Entrepreneurs (PRIME).  These nonprofit organizations help low-income entrepreneurs gain access to capital to […]