CRA Newswire

SBA: 16,000 Restaurant Revitalization Fund Awards Funded

First wave of approved restaurant applicants to receive vital American Rescue Plan funding just one week after the SBA opened for applications Today, the U.S. Small Business Administration will begin delivering economic relief from the Restaurant Revitalization Fund, established by the American Rescue Plan and signed into law by President Joe Biden, to more than 16,000 approved…

FDIC: FDiTech Announces New Deputy Director of Office of Innovation

The Federal Deposit Insurance Corporation (FDIC) today announced the appointment of Zunera Mazhar as Deputy Director of the agency’s Office of Innovation. Ms. Mazhar will guide the agency’s work to promote the adoption of innovative technologies within the FDIC and across the financial services sector. “I am extremely excited that Zunera will be joining our…

FEMA: President Biden Approves Major Disaster Declaration for Tennessee

FEMA announced that federal disaster assistance has been made available to the state of Tennessee to supplement state and local recovery efforts in the areas affected by severe storms, tornadoes and flooding from March 25 – April 3, 2021. The President’s action makes federal funding available to affected individuals in Davidson, Williamson and Wilson counties….

OCC: Michael J. Hsu to Become Acting Comptroller of the Currency on May 10, 2021

The U.S. Department of the Treasury today announced that Michael J. Hsu will become Acting Comptroller of the Currency on May 10, 2021, pursuant to 12 USC 4 as designated by Secretary of the Treasury Janet Yellen. Blake Paulson, who has served as Acting Comptroller of the Currency since January 14, 2021, will return to…

FEMA: President Biden Approves Major Disaster Declaration for Mississippi

FEMA announced today that federal disaster assistance has been made available to the state of Mississippi to supplement state, tribal and local recovery efforts in the areas affected by severe winter storms from Feb. 11-19, 2021. Federal funding also is available to state, tribal and eligible local governments and certain private nonprofit organizations on a…

FEMA: President Biden Approves Major Disaster Declaration for Georgia

FEMA announced today that federal disaster assistance has been made available to the state of Georgia to supplement state and local recovery efforts in the areas affected by severe storms and tornadoes from March 25-26, 2021. Federal funding also is available to state and eligible local governments and certain private nonprofit organizations on a cost-sharing…

FEMA: President Biden Approves Major Disaster Declaration for Oregon

FEMA announced today that federal disaster assistance has been made available to the state of Oregon to supplement state, tribal and local recovery efforts in the areas affected by severe winter storms from Feb. 11-15, 2021. Federal funding also is available to state, tribal and eligible local governments and certain private nonprofit organizations on a cost-sharing…

FHFA: RFI Issued on Short-Term Rental Units in Condominium, Cooperative, and Planned Unit Development Projects

The Federal Housing Finance Agency (FHFA) today issued a Request for Input (RFI) on Fannie Mae and Freddie Mac’s (the Enterprises) eligibility requirements for mortgages in condominium (condo), cooperative (co-op), and planned unit development (PUD) projects where a large portion of units are offered for short-term rental (30 days or less) or are used primarily…

EDA: $6 Million in CARES Act Recovery Assistance Invested to Support Business Capital and Resiliency Efforts in New York

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $6 million in CARES Act Recovery Assistance grants to provide critical gap financing and technical support to New York businesses impacted by the coronavirus pandemic. “President Biden is committed to unleashing the full power of the federal government…

EDA: $3 Million in CARES Act Recovery Assistance Invested to Support Business Growth in Industrial Park in Holdrege, NE

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million CARES Act Recovery Assistance grant to the city of Holdrege, Nebraska, to construct water, sewer, and street improvements to support business development at the Iron Horse Industrial Park. This EDA grant, to be matched with…