SBA: Awardees Announced for Two New Women’s Business Centers in Puerto Rico
The New Centers Will Increase Opportunities and Recovery Solutions for Women Entrepreneurs throughout the Island The U.S. Small Business Administration announced today the launch of two Women’s Business Centers (WBC) in Puerto Rico, hosted by Ana G. Méndez University, Gurabo Campus (UAGM-Gurabo), and Friends of Puerto Rico. The new centers will carry out the mission of helping…
HUD: FHA Transaction Completed to Support Expanded Healthcare Services at the University of New Mexico Hospital
$320 million FHA-insured supplemental mortgage provides financing for expansion of Albuquerque, New Mexico, hospital servicing acute care needs of New Mexico residents The Federal Housing Administration (FHA) announced that it has completed a mortgage insurance transaction with The University of New Mexico Hospital (UNMH) located in Albuquerque, NM. The transaction, which closed on September 9, 2021, provides…
FDIC: Three Winning Teams Selected in FDITECH Tech Sprint to Reach the Unbanked
The Federal Deposit Insurance Corporation (FDIC) today announced the selection of three winning teams in a ‘tech sprint’ designed to explore new technologies and techniques to help banks meet the needs of unbanked consumers. The tech sprint’s evaluation panel selected the following organizations as winners in the following categories: Category Team Name Organizations Creativity Goalsetter…
FEMA: President Biden Approves Major Disaster Declaration for Pennsylvania
FEMA announced that federal disaster assistance has been made available to the commonwealth of Pennsylvania to supplement commonwealth and local recovery efforts in the areas affected by Hurricane Ida from Aug. 31 to Sept. 5, 2021. The President’s action makes federal funding available to affected individuals in Bucks, Chester, Delaware, Montgomery, Philadelphia and York counties….
SBA: President Biden Proclaims September 12-18 as National Small Business Week
The U.S. Small Business Administration’s 2021 National Small Business Week celebrations will officially commence next week with a three-day virtual summit. SBA Administrator Isabella Casillas Guzman will kick off the national event on Monday, September 13, addressing nearly 30,000 registered participants during the educational, training, and networking event. This year’s free event will spotlight the resilience of America’s entrepreneurs and…
HUD: Waivers Announced to Help New Jersey, New York Communities Respond to Remnants of Hurricane Ida
27 waivers offer flexibility to state and local partners The U.S. Department of Housing and Urban Development (HUD) today announced a package of 27 regulatory and administrative waivers aimed at helping communities in New Jersey and New York to accelerate their recovery from the remnants of Hurricane Ida. Today’s announcement, following the pattern of similar…
FDIC: Second Annual Academic Challenge Launched Focusing on the Impacts of COVID-19 on the Banking Sector
The Federal Deposit Insurance Corporation (FDIC) today announced the launch of the agency’s Second Annual Academic Challenge, a competition among teams of university and college students to address questions concerning the U.S. banking sector. The topic for this year’s challenge is “The Impacts of COVID-19 on the Banking Sector.” FDIC Chairman Jelena McWilliams said, “The goal…
Census Bureau: Small Business Pulse Survey Phase 6 Weekly Data Released
The U.S. Census Bureau today released new data from the sixth phase of the Small Business Pulse Survey (SBPS). Data collection began August 16. Results will be released weekly August 26 to October 21. New content in the SBPS Phase 6 covers difficulties hiring employees, new workplace norms, changes in demand for goods or services, and price changes…
HUD: Disaster Assistance Announced for North Carolina Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in the State of North Carolina affected by the remnants of Tropical Storm Fred from August 16 to August 18, 2021. On September 8, 2021 President Biden issued a major disaster declaration for the following counties: Avery, Buncombe,…
EDA: $1.3 Million in CARES Act Recovery Assistance Invested to Strengthen Agribusiness Infrastructure in Guam
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.3 million CARES Act Recovery Assistance grant to the Guam Economic Development Authority, Tamuning, Guam, to improve commercial infrastructure to support job creation and economic resiliency in the agribusiness sector. “President Biden is committed to helping…