CRA Newswire

EDA: Over $47 Million in American Rescue Plan Funds Invested Last Week

The following grants were made under the American Rescue Plan Funds program: September 6, 2022 – U.S. Department of Commerce Invests $4.7 Million in American Rescue Plan Funds to Support Small Businesses on Fort Apache Indian Reservation September 6, 2022 – U.S. Department of Commerce Invests $3.5 Million in American Rescue Plan Funds for Water Utility Improvements…

EDA: $3.2 Million Invested for Trail Upgrades to Boost Tourism and Create Jobs in Columbia, SC

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.2 million grant to the Irmo Chapin Recreation Commission, Columbia, South Carolina, for completion of the Lower Saluda Greenway, a recreational trail. This project will provide for construction of two miles of trail and related infrastructure, boosting…

HUD: $40 Million Funding Opportunity to Protect Families from Home Health and Safety Hazards Announced

Funding will assist efforts to address high-priority environmental health and safety hazards The U.S. Department of Housing and Urban Development (HUD) today announced the availability of $40 million through the Healthy Homes Production Grant Program to help transform communities by fixing older housing, preserving affordable housing, and improving communities and the health of children and…

HUD: $5.5 Million Funding Opportunity Announced for HBCUs to Conduct Housing and Community Development Research

The U.S. Department of Housing and Urban Development (HUD) announced that it will make available $5.5 million for Historically Black Colleges and Universities (HBCUs) to establish or bolster existing Centers of Excellence (COE) that conduct housing and community development research. “Historically Black Colleges and Universities are economic anchors for their communities,” said Secretary Marcia L. Fudge….

OCC: Strategic Plan for Fiscal Years 2023-2027 Released

The Office of the Comptroller of the Currency (OCC) today released its strategic plan for fiscal years (FY) 2023-2027. The strategic plan outlines the agency’s approach to achieve three strategic goals and fulfill its mission to ensure that national banks and federal savings associations operate in a safe and sound manner, provide fair access to…

ABA: Foundation Infographic Released with Tips for Avoiding Scholarship and Student Loan Scams

New Infographic from ABA Reveals Tips for Avoiding Student Loan and Scholarship Scams As part of its annual Get Smart About Credit campaign, the American Bankers Association Foundation released a new infographic today providing consumers with information on common scholarship and student loan scams and tips on how to avoid falling victim. The infographic is the first…

FEMA: President Biden Approves Major Disaster Declaration for Salt River Pima-Maricopa Indian Community

FEMA announced that federal disaster assistance has been made available to the Salt River Pima-Maricopa Indian Community to supplement tribal recovery efforts in the areas affected by severe storms from July 17-18, 2022. The President’s action makes federal funding available to affected individuals in the Salt River Pima-Maricopa Indian Community. Assistance can include grants for…

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA).  The list covers evaluation ratings that the FDIC assigned to institutions in June 2022. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

EDA: President Biden Announces 21 Winners of $1 Billion American Rescue Plan Regional Challenge

Funding Provides Regional Investments to Transform Local Economies, Create Good-Paying Jobs, Jumpstart Emerging Industries, and Prepare Workforce for the Future Today, President Biden will announce the 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by…

FEMA: New Campaign by FEMA and the Ad Council Encourages Black Community to “Create a Lasting Legacy” by Preparing for Disasters

FEMA will also visit Howard University for series of events to kick off National Preparedness Month and announce the new campaign As part of FEMA’s ongoing approach to advance accessibility and cultural competency in boosting the nation’s preparedness, FEMA and the Ad Council created new PSAs developed specifically to reach Black and African American communities, which will…