EDA: $1.8 Million in CARES Act Recovery Assistance Invested to Create Revolving Loan Fund for Small Businesses in Cuyahoga County, OH
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million CARES Act Recovery Assistance grant to the Urban League of Greater Cleveland, Inc., Cleveland, Ohio, to capitalize and administer a Revolving Loan Fund (RLF) to provide critical gap financing to small businesses located in…
EDA: $1.1 Million in CARES Act Recovery Assistance Invested to Support Growth of Advanced Manufacturing, Life Sciences, and Technology Sectors in Fall River, MA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million CARES Act Recovery Assistance grant to the city of Fall River, Massachusetts, to support infrastructure upgrades needed to expand three local industrial parks that accommodate advanced manufacturing, life sciences and technology sector businesses. This…
EDA: $1 Million in CARES Act Recovery Assistance Invested to Create a Workforce Training Facility and Community Center in Espanola, NM
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million CARES Act Recovery Assistance grant to Rio Arriba County, New Mexico, to renovate a former charter school to create a pipefitting workforce training facility and a community center. This EDA grant, to be matched…
EDA: $642,500 Invested to Support Growth in Manufacturing Sector in Brunswick, ME
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $642,500 grant to the Midcoast Regional Redevelopment Authority, Brunswick, Maine, to make critical infrastructure improvements needed to support operations at the TechPlace manufacturing center. This EDA grant, to be matched with $160,625 in state and local funds, is expected to create 20…
HUD: $19 Million Made Available to Fight Housing Discrimination
Grants will support COVID-19 related fair housing enforcement activities The U.S. Department of Housing and Urban Development (HUD) announced today that it is making $19.4 million available to help HUD Fair Housing Initiatives Program (FHIP) agencies conduct activities that will address discriminatory housing practices related to the COVID-19 pandemic. The funds, which are provided through…
FEMA: President Biden Amends Disaster Declaration for Ponca Tribe of Nebraska
FEMA announced that additional disaster assistance is available to the Ponca Tribe of Nebraska by authorizing an increase in the level of funding for Public Assistance projects as a result of the severe storms and flooding during the period of March 13-April 1, 2019. As part of the major disaster declaration issued for the Ponce…
Census Bureau: Household Pulse Survey Phase 3.2 Announced
The U.S. Census Bureau today announced the beginning of data collection for phase 3.2 of the experimental Household Pulse Survey. This phase includes new questions on the Child Tax Credit, sexual orientation and gender identity (SOGI), rent/mortgage arrears, utility arrears and restrictions, summer catch-up education activities for grades K-12, and preventative health care for children. The…
Federal Reserve: Board Statement on the Community Reinvestment Act
The Federal Reserve Board on Tuesday announced it is committed to working together with the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) to jointly strengthen and modernize regulations implementing the Community Reinvestment Act (CRA). “We are delighted to work together to develop a joint Notice of Proposed…
EDA: $3.4 Million Invested to Support Growth of Manufacturing Sector in Hornell, NY
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.4 million grant to the City of Hornell Industrial Development Agency, Hornell, New York, to grow the region’s manufacturing sector by making infrastructure improvements at Shawmut Industrial Park needed to facilitate the construction of a new…
Interagency Statement on Community Reinvestment Act Joint Agency Action
The Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) are committed to working together to jointly strengthen and modernize regulations implementing the Community Reinvestment Act (CRA). The agencies have broad authority and responsibility for implementing the CRA. Joint agency action will best achieve a…