Acting Comptroller of the Currency Michael J. Hsu today discussed the Office of the Comptroller of the Currency’s (OCC) commitment to a fair and inclusive financial system in remarks at the Bank On National Conference. In his remarks, the Acting Comptroller discussed progress made by the CFE Fund and Bank […]
Funds support development and operation of low-income housing The U.S. Department of Housing and Urban Development (HUD) today awarded $95 million to 55 communities through the Indian Community Development Block Grant (ICDBG) Program. Grant funds may be used for infrastructure, community facilities, housing rehabilitation, economic development, and more to support […]
FEMA announced that federal disaster assistance has been made available to the Soboba Band of Luiseño Indians to supplement tribal recovery efforts in the areas affected by the severe winter storm and flooding Feb. 23-26, 2023. Public Assistance federal funding is available to tribal governments on a cost-sharing basis for […]
Over 45 Disadvantaged and Underserved Communities Selected for Direct Technical Assistance As part of President Biden’s Investing in America agenda, FEMA is announcing $160 million in additional funding through the Bipartisan Infrastructure Law for states, local communities, tribes, territories and the District of Columbia to build climate and disaster resiliency, including […]
One New Member also Announced The Federal Deposit Insurance Corporation (FDIC) Advisory Committee on Economic Inclusion (ComE–IN) will meet on Wednesday, May 24, 2023, to discuss updates from Committee members about key challenges facing their communities or organizations. There will also be panel discussions on opportunities for entities that administer […]
Federal bank regulatory agencies today issued the host state loan-to-deposit ratios that are used to evaluate compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. These ratios replace those from June 2022. By law, a bank is generally prohibited from establishing or acquiring branches […]
FEMA announced that federal disaster assistance has been made available to the state of Tennessee to supplement recovery efforts in the areas affected by severe storms, straight-line winds and a tornado from March 1-3, 2023. Public Assistance federal funding is available to the state, eligible local governments and certain private nonprofit organizations […]
Nine of the nation’s 15 fastest-growing cities were in the South, according to Vintage 2022 Population Estimates released today by the U.S. Census Bureau. Of the nine fastest-growing cities in the South, six were in Texas. New estimates for metropolitan and micropolitan statistical areas and for housing units at the national, state […]
The U.S. Census Bureau today released new data from phase 3.8 of the experimental Household Pulse Survey (HPS). The HPS is an effort by the Census Bureau and other federal statistical agencies to inform federal and state response and recovery planning by providing near real-time data on the social and economic effects […]
Opportunity for organizations to partner with Stage One winners in Stage Two for up to $5 million in total additional prizes to strengthen innovation ecosystems nationwide Today, Administrator Isabella Casillas Guzman announced the U.S. Small Business Administration (SBA) 2023 Growth Accelerator Fund Competition Stage One “Catalyze” winners to fund and build strategic ecosystem partnerships […]