FEMA: President Biden Approves Emergency Declaration for California
FEMA announced today that federal disaster assistance has been made available to the state of California to supplement state, tribal and local response efforts due to emergency conditions resulting from severe winter storms, flooding, landslides and mudslides beginning March 9, 2023, and continuing. The President’s action authorizes FEMA to coordinate all disaster relief efforts to alleviate…
HUD: 2023 Innovative Housing Showcase Featuring Affordable Housing Solutions Scheduled for June
HUD to host third showcase on National Mall from June 9-11, 2023 U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge today announces that HUD will host the 2023 Innovative Housing Showcase on the National Mall from June 9 to 11, 2023. The Showcase is a public event to raise awareness of…
FDIC: Deposit Insurance National Bank of Santa Clara Created to Protect Insured Depositors of Silicon Valley Bank
Silicon Valley Bank, Santa Clara, California, was closed today by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect insured depositors, the FDIC created the Deposit Insurance National Bank of Santa Clara (DINB). At the time of closing, the FDIC as receiver immediately transferred…
SBA: New HUBZone Map Update Expands Small Business Program Participtaion and Federal Contract Eligibility
Hundreds of Small Firms in Economically Disadvantaged Areas May Now Qualify for HUBZone Certification Today, the U.S. Small Business Administration (SBA) announced the launch of a new Historically Underutilized Business Zone (HUBZone) preview map, which shows that hundreds of firms in newly released designated underserved areas will become eligible to apply for HUBZone certification, enabling them to compete for…
Federal Reserve: Community Depository Institutions Advisory Council Members for 2023 Announced
he Federal Reserve Board on Thursday announced the members of its Community Depository Institutions Advisory Council, or CDIAC, and the president and vice president of the council for 2023. The CDIAC advises the Board on the economy, lending conditions, and other issues of interest to community depository institutions. Members are selected from representatives of commercial…
EDA: $2 Million Invested to Support Educational Training for Advance Manufacturing in Central Wisconsin
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Mid-State Technical College, Wisconsin Rapids, Wisconsin, to support the development of the College’s Advanced Manufacturing, Engineering Technology and Apprenticeship (AMETA) Center. Located on the College’s Stevens Point campus, the AMETA will provide the…
CDFI Fund: Annual Compliance, Certification and Reporting Obligations Reminder
Are you the Authorized Representative of an organization that has received a Community Development Financial Institutions Fund Award (CDFI Fund) Award and/or Allocation? If so, don’t forget that in order to maintain compliance with your Assistance and/or Allocation Agreement(s) you must complete and submit the annual compliance report(s) as specified in your agreement(s). Failure to…
Federal Reserve: 2024 National Interagency Community Reinvestment Conference Announced
Monday, March 4 – Thursday, March 7, 2024Oregon Convention CenterPortland, Oregon Save the date! The next National Interagency Community Reinvestment Conference (NICRC) is coming to Portland, Oregon on March 4, 2024. As the premier conference for community development, our program will offer insights, emerging ideas, and best practices in community development shared by experts from…
FEMA: President Biden Approves Disaster Declaration for Tennessee
FEMA announced that federal disaster assistance has been made available to the state of Tennessee to supplement state, tribal and local recovery efforts in the areas affected by the severe winter storm during the period of Dec. 22-27, 2022. Funding is available to the state and eligible local governments and certain private nonprofit organizations on…
FEMA: President Biden Approves Disaster Declaration for the Bear River Band of the Rohnerville Rancheria
FEMA announced that federal disaster assistance has been made available to the Bear River Band of the Rohnerville Rancheria to supplement the Tribal Nation’s efforts in the areas affected by an earthquake from Dec. 20, 2022 – Jan. 1, 2023. Federal funding is available to the Bear River Band of the Rohnerville Rancheria on a…