CRA Newswire

SBA: DoD and SBA Sign Joint Agreement to Drive Investment to U.S. Critical Technologies at South by Southwest Festival in Austin

Today, the U.S. Small Business Administration (SBA) and the U.S. Department of Defense (DoD) announced that on Friday, March 10, they intend to sign a historic Memorandum of Agreement at the South by Southwest (SXSW) festival in Austin, Texas.  This agreement establishes the framework for DoD’s newly established Office of Strategic Capital (OSC) and the SBA’s Office of…

CFPB: NLRB and CFPB Announce Information Sharing Agreement to Protect American Consumers and Workers from Illegal Practices

The agreement will help the agencies address unlawful practices involving employer surveillance and employer driven debt The Consumer Financial Protection Bureau (CFPB) and the National Labor Relations Board (NLRB) today signed an information sharing agreement, creating a formal partnership between the two agencies to better protect American families and to address practices that harm workers…

SBA: National Small Business Week Announced for April 30th through May 6th

Week-long Celebration takes place April 30 – May 6, Features Awards, Virtual Summit, and Roadshow Tour SBA Administrator Isabella Casillas Guzman, the voice in President Biden’s Cabinet for America’s over 33 million small businesses, announced National Small Business Week (NSBW) will take place April 30-May 6, 2023. This annual tradition, led by the SBA for more than 60 years,…

HUD: $96.5 Million Rental Assistance Demonstration Conversion Transactions Closed to Preserve and Rehabilitate 500 Senior Homes in Chicago, IL

Chicago Housing Authority leverages RAD to support rehabilitation of affordable rental homes at two properties for seniors. The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing is announcing today it recently closed two Rental Assistance Demonstration (RAD) transactions with the Chicago Housing Authority (CHA) to finance the rehabilitation of affordable rental homes…

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in December 2022. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

CDFI Fund: Public Comments Requested on CDFI Program and NACA Program Applications

Input Needed on Revised FY 2023-2025 Financial Assistance and Technical Assistance 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…

FEMA: President Biden Approves Major Disaster Declaration for the Muscogee (Creek) Nation

FEMA announced that federal disaster assistance has been made available to the Muscogee (Creek) Nation and ordered federal aid to supplement the tribe’s efforts in the areas affected by the severe winter storm from Dec. 21-25, 2022. Federal funding is available to the Tribal Nation on a cost-sharing basis for emergency work and the repair…

CFPB: New Findings Published on Financial Profiles of Buy Now, Pay Later Borrowers

Report finds consumers using Buy Now, Pay Later were more likely to be using credit cards, payday loans, and other high-interest financial services The Consumer Financial Protection Bureau (CFPB) has published a new report analyzing the financial profiles of Buy Now, Pay Later borrowers. While many Buy Now, Pay Later borrowers use the product without…

Census Bureau: Household Pulse Survey Phase 3.8 Announced

The U.S. Census Bureau today announced the beginning of data collection for 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 of the…

SBA: Small Business Digital Alliance Marks One-Year Anniversary

A growing list of national members and local allies support small businesses going digital Today, the Small Business Digital Alliance (SBDA), a co-sponsorship between the U.S. Small Business Administration (SBA)and Business Forward, Inc., celebrates its one-year anniversary. The SBDA provides a comprehensive suite of free digital resources, virtual trainings, and expanded opportunities to help small businesses grow their online…