SBA: Two Federal Advisory Committees Announced to Accelerate American Innovation and Access to Capital to Small Businesses and Startups
Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses and startups in President Biden’s Cabinet, announced the establishment of two new federal advisory committees, the Invention, Innovation, and Entrepreneurship Advisory Committee (IIEAC) and the Investment Capital Advisory Committee (ICAC), to accelerate support for startups driving critical innovation across…
Census Bureau: New COVID-19 Economic Brief Released
Data Show Impact of Pandemic on Select Economic Sectors and State and Local Government Tax Revenue The U.S. Census Bureau today released a report on how economic surveys captured the initial shock and resulting impact of the coronavirus pandemic, as well as economic trends since the national emergency was declared. The The Coronavirus Pandemic’s Economic Impact brief…
CDFI Fund: Request for Public Comment Issued Regarding Minority Lending Institution Designation Criteria
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) is soliciting public comment regarding the criteria to designate a certified Community Development Financial Institution (CDFI) as a Minority Lending Institution (MLI). Pursuant to Section 523 of Division N of the Consolidated Appropriations Act, 2021 (Act; Pub. L. 116-260), an MLI is…
ABA: New Multicultural and Financial Inclusion Training Launched
New online courses to help bank employees meet the needs of increasingly diverse customer base and expand access to banking As part of the American Bankers Association’s ongoing commitment to financial inclusion, ABA today launched three new online courses for bank employees designed to enhance multicultural banking services, promote diversity, equity and inclusion, and reduce…
FEMA: President Biden Approves Major Disaster Declaration for Alaska
FEMA announced that federal disaster assistance has been made available to the state of Alaska to supplement state, tribal and local recovery efforts in the areas affected by a landslide on May 7, 2022. Federal funding also is available to state, tribal and eligible local governments and certain private nonprofit organizations on a cost-sharing basis…
FEMA: President Biden Approves Major Disaster Declaration for Nebraska
FEMA announced that federal disaster assistance has been made available to the state of Nebraska to supplement state, tribal and local recovery efforts in the areas affected by severe storms and straight-line winds on May 12, 2022. Federal funding also is available to state, tribal and eligible local governments and certain private nonprofit organizations on…
HUD: $621,000 Announced to Keep Former Foster Youth Housed
14 Public Housing Agencies in 12 States receiving funding to prevent homelessness faced by youth involved in the child welfare system The U.S. Department of Housing and Urban Development (HUD) today announced the awarding of nearly $621,000 to 14 public housing agencies (PHAs) in 12 states to provide housing assistance to youth who are aging…
HUD: Over $36 Million Awarded in Mainstream Vouchers and Fees to Support Community Living for People with Disabilites
The U.S. Department of Housing and Urban Development (HUD) today announced the awarding of more than $36 million for Mainstream Vouchers and additional administrative fees to 218 public housing agencies (PHAs) in 46 states to assist people with disabilities. Mainstream Vouchers help people secure housing in the community as they transition from institutional settings. As…
HUD: New Steps Announced to Lower Electricity Bills for Residents in HUD Programs
New HUD Actions to Connect HUD-Assisted Residents and Homeowners to Solar Power and Lower Energy Costs The Biden Administration, through the U.S. Department of Housing and Urban Development, announced today new measures to connect families served by HUD programs to solar power and help lower their electricity bills. Over 4.5 million low-income families are currently…
EDA: $2.3 Million Invested for Infrastructure Upgrades to Support Manufacturing in Jaffrey, NH
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to the town of Jaffrey, New Hampshire, to boost the local manufacturing sector by building a water treatment plant and transmission lines as part of the Cold Springs Water System project. This project…