SBA: National Small Business Week Announced

Today, the head of the U.S. Small Business Administration, Administrator Linda McMahonannounced that this year’s National Small Business Week will be held from May 5-11, 2019. Administrator McMahon will start the week in Washington, D.C., where she will recognize and award outstanding small business owners and SBA Resource Partners from around the […]

HUD: Trump Administration Proposes 2020 HUD Budget

Spending plan preserves rental subsidies; increases homeless assistance and healthy housing The Trump Administration today announced its proposed Fiscal Year 2020 Budget for the U.S. Department of Housing and Urban Development (HUD), a $44.1 billion spending plan that expands resources to prevent/end homelessness; invests record funding to reduce lead and […]

HUD and Census Bureau: Residential Construction Activity Report for January 2019

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for January 2019. Building Permits Privately owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 1,345,000. This is 1.4 percent […]

CDFI Fund: Public Comments Requested on FY 2020-2022 CDFI Program and NACA Program Applications

The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 […]

OCC: New Bulletin Outlines Key HMDA Data Fields for Full and Partial Reporters

Summary The Office of the Comptroller of the Currency (OCC) is issuing this bulletin (OCC BULLETIN 2019-12) to inform national banks, federal savings associations, and federal branches and agencies (collectively, banks) about key data fields that the OCC has determined examiners will typically use to test and validate the accuracy and […]

HUD: Disaster Assistance Available for Victims of Alabama Tornado

Foreclosure protection offered to displaced families in Lee County Following the Trump Administration’s major disaster declaration in the wake of this week’s deadly tornado in Alabama, the U.S. Department of Housing and Urban Development (HUD) will provide mortgage relief and other support to homeowners and low-income renters forced from their […]

EDA: $27 Million Invested to Expand and Improve Airports in the U.S. Virgin Islands

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $27 million in grants to the Virgin Islands Port Authority of St. Thomas, U.S.V.I., to expand and improve two major airports in the wake of Hurricanes Irma and Maria. According to grantee estimates, […]

FEMA: President Trump Approves Major Disaster Declaration for Alabama

The Federal Emergency Management Agency announced today that federal disaster assistance has been made available to the state of Alabama to supplement state and local recovery efforts in the areas affected by severe storms, straight-line winds, and tornadoes on March 3, 2019. The President’s action makes federal funding available to […]