CFPB: New Advisory Committee Members Announced
CFPB Acting Director Dave Uejio today announced the appointment of new members to the Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC). These committee members will advise Bureau leadership on a broad range of consumer financial issues and emerging market trends. The Dodd-Frank Wall…
HUD: HBCU Center of Excellence Grants Announced
Howard University and Texas Southern University to receive $5.5 million total in housing and economic development research grants The U.S. Department of Housing and Urban Development (HUD) on Tuesday announced a total of $5.5 million will be awarded to two Historically Black Colleges and Universities (HBCUs). Howard University and Texas Southern University will received $4.5 million…
EDA: $2.8 Million in CARES Act Recovery Assistance Invested to Capitalize Revolving Loan Fund and Support Small Business in Las Vegas, NV
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.8 million CARES Act Recovery Assistance grant to the Nevada Business Opportunity Fund, Las Vegas, Nevada, to capitalize and administer a Revolving Loan Fund, providing gap financing to minority and other disadvantaged businesses in Clark County….
EDA: $1.7 Million Invested to Support High-Speed Internet Connectivity in Las Vegas
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to the city of Las Vegas, Nevada, to expand wireless connectivity to economically disadvantaged neighborhoods. This EDA project, to be matched with $531,729 in local funds, is expected to create 300 jobs. “President…
HUD: House America Initiative Launched to Address Homelessness Crisis
House America leverages American Rescue Plan and other federal resources to immediately re-house and build additional housing for people experiencing homelessness U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge, who serves as chair of the U.S. Interagency Council on Homelessness (USICH), today joined Biden-Harris Administration officials, Cabinet members, and elected officials to…
SBA: Hurricane Ida Assistance Tops $110 Million
SBA Disaster Relief is Reaching Small Businesses, Homeowners, Renters, and Nonprofits Across Impacted States Isabella Casillas Guzman, Administrator of the U.S. Small Business Administration (SBA) announced today that the agency has delivered more than $110 million in disaster rescue funds to small businesses, homeowners, renters, and nonprofit organizations recovering from damages caused by Hurricane Ida earlier this…
FEMA: Survivors in Warren County, NJ Can Now Apply for FEMA Assistance
Today, Warren County was designated for Individual Assistance. The county will now join the previously designated counties of Bergen, Essex, Gloucester, Hudson, Hunterdon, Mercer, Middlesex, Morris, Passaic, Somerset and Union. If you have homeowners or renters insurance, you should file a claim as soon as possible. By law, FEMA cannot duplicate benefits for losses covered…
SBA: $5.4 Million in Prizes Announced to Nearly 100 Awardees to Support Inclusive Entrepreneurship in the Innovation Ecosystem
Today, U.S. Small Business Administration Administrator Isabella Casillas Guzman announced 84 winners for the Growth Accelerator Fund Competition (GAFC) and eight winners for the Small Business Innovation Research (SBIR) Catalyst competition, a new component aimed at spurring investment in underrepresented communities within the innovation economy at scale, receiving a combined total of $5.4 million in awards. This important…
CFPB: Report Shows Renters at Risk as COVID-19 Safety Net Ends
Stimulus Checks and Other Payment Relief Linked to Renters’ Financial Stability The Consumer Financial Protection Bureau (CFPB) today released a report warning that millions of renters and their families may suffer previously avoided economic harms of the COVID-19 pandemic as federal and state relief programs end. The report, “Financial conditions for renters before and during…
SBA: National Small Business Week Virtual Summit Highlights Resiliency and Recovery
Prominent small business investors, entrepreneurs, and mentors address nearly 50,000 attendees The U.S. Small Business Administration announced today that this year’s National Small Business Week (NSBW) Virtual Summit drew more than 47,000 participants for the three-day virtual summit. Attendees heard from celebrity business owners, investors, entrepreneurs, and lead advisors from across the small business community, and connected with fellow…