EDA: $5 Million Invested to Support Biomedical, Biotechnology and Advanced Manufacturing Sectors in Athens County, OH
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $5 million grant to Athens County Port Authority, Athens, Ohio, to build a 60,000 square-foot facility to house biomedical, biotechnology, and advanced manufacturing companies. This grant will support the expansion of local companies currently located at…
ABA: Brooke Ybarra Named as New Head of Office of Innovation
Brooke Ybarra has been named senior vice president of innovation and strategy at the American Bankers Association and will lead the group’s Office of Innovation. In this position, Ybarra will play a key role in helping ABA member banks keep pace with technological innovation by identifying promising startups and emerging technologies that benefit the banking…
FHFA: Office of Financial Technology Announced
Agency issues request for information on the role of technology in housing finance The Federal Housing Finance Agency (FHFA) today announced the establishment of the Office of Financial Technology. This Office will serve as a centralized source of information to support FHFA in addressing emerging risks and advancing Agency priorities related to the adoption and deployment…
FEMA: President Biden Approves Major Disaster Declaration for Minnesota
FEMA announced that federal disaster assistance has been made available to the state of Minnesota to supplement state, tribal and local recovery efforts in the areas affected by the severe storms, straight-line winds and flooding April 22 – June 15, 2022. Public assistance federal funding is available to the state, tribal and eligible local governments and…
FEMA: Programs Announced for Inclusion in the Justice40 Initiative to Increase Equity and Community Resilience
Today, FEMA released an initial list of programs covered under the Biden-Harris Administration’s Justice40 Initiative, which aims to deliver 40% of the overall benefits of climate, clean energy, affordable and sustainable housing, clean water and other investments to disadvantaged communities that are marginalized, overburdened and underserved. There are four covered programs within FEMA, each of which advance the Biden-Harris…
Census Bureau: Data Collection Begins for New Business Trends and Outlook Survey
The U.S. Census Bureau today announced the start of data collection for its new survey to measure business conditions on an ongoing basis. The Business Trends and Outlook Survey (BTOS) is the successor to the Small Business Pulse Survey(SBPS), a high-frequency survey that measured the effect of changing business conditions during the coronavirus pandemic and other major events…
HUD: 24 Programs Announced to Join Justice40 Initiative for Disadvantaged and Underserved Communities
As part of the Biden-Harris Administration’s agenda to advance environmental justice, the U.S. Department of Housing and Urban Development today released a list of its programs included in the Administration’s Justice40 Initiative. President Biden created the Justice40 Initiative to deliver 40% of the overall benefits of climate, clean energy, affordable and sustainable housing, clean water, and…
CDFI Fund: FY 2022 CDFI Equitable Recovery Program Application Deadline Extended through August 23rd
On June 23, 2022, the Community Development Financial Institutions Fund (CDFI Fund) announced the opening of the FY 2022 CDFI Equitable Recovery Program (ERP) round with the public release of a Notice of Funds Availability (NOFA). The NOFA set forth the deadline for submitting the FY 2022 CDFI ERP Application via the CDFI Fund’s Award…
FEMA: President Biden Approves Major Disaster Declaration for North Dakota
FEMA announced that federal disaster assistance has been made available to the state of North Dakota to supplement state, tribal and local recovery efforts in the areas affected by the severe winter storm and flooding April 22-May 25, 2022. Public assistance federal funding is available to the state, tribal and eligible local governments and certain…
OCC: Acting Comptroller Discusses Importance of Financial Health for Consumers
Acting Comptroller of the Currency Michael J. Hsu today discussed the Office of the Comptroller of the Currency’s efforts to advance financial health for consumers before the U.S. Department of the Treasury’s Financial Literacy Education Commission. In his remarks, the Acting Comptroller highlighted the agency’s work in crypto consumer education, its “Financial Health: Vital Signs”…