CRA Newswire

SBA: Historic Results and Gains Announced for FY2019 Small Business Federal Procurement Scorecard

On Wednesday, Aug. 12, at 2 p.m.  EDT, Dr. Francis Spampinato, Associate Administrator for the U.S. Small Business Administration’s Office of Government Contracting and Business Development will host a media conference call to discuss the historic results and positive gains in the Fiscal Year 2019 Small Business Federal Procurement Scorecard . The annual scorecard is an assessment tool that…

EDA: $644,800 Invested to Protect Businesses from Flooding in Montrose, SD

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $644,800 grant to the city of Montrose, South Dakota, to make critical infrastructure improvements needed to protect the local business community from flooding. This EDA grant is expected to be matched with $161,200 in local investment. “Spring flooding has become an annual…

EDA: Over $116 Million in CARES Act Funding Invested to Support Recovery from Coronavirus Pandemic

The U.S. Department of Commerce’s Economic Development (EDA) administration has awarded over $10 Million in CARES Act Funding to support economic development and economic recovery in response to the coronavirus pandemic. Investments include: August 8, 2020 – U.S. Department of Commerce Invests $1.65 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping…

FEMA: President Trump Approves Emergency Disaster Declaration for Connecticut

FEMA announced federal disaster assistance has been made available to the state of Connecticut to supplement state, tribal and local response efforts in the areas affected by Tropical Storm Isaias on Aug. 4, 2020. Federal funding is available to the state, the Mashantucket Pequot Indian Tribe, the Mohegan Tribe of Indians of Connecticut, eligible local governments and…

Census Bureau: Second Phase of Small Business Survey Announced

The U.S. Census Bureau today announced the start of a second phase of the experimental Small Business Pulse Survey. Data collection will begin August 9, 2020. Results will be released weekly starting August 20 through Oct 15, 2020. The second phase includes questions on the core concepts from the first phase of the survey, as well…

Census Bureau: Second Phase of Household Pulse Survey Begins

The U.S. Census Bureau has targeted mid-August to resume data collection for the experimental Household Pulse Survey. The Household Pulse Survey was temporarily suspended to allow the Census Bureau to prepare for a second phase of data collection. As part of the second phase, the agency has reviewed the questionnaire to ensure that the information collected continue to be…

HUD: Physical Real Estate Assessment Center Inspections will Resume

Inspections previously paused during COVID-19 outbreak due to health concerns U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson announced today the Department will resume Real Estate Assessment Center (REAC) inspections of HUD multifamily and public housing properties and units under strict safety protocols during the national recovery from the COVID-19 pandemic. REAC…

OCC: CRA Evaluations Released for 30 National Banks and Federal Savings Associations

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of July 1, 2020 through July 31, 2020. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. The…

OCC: September 2020 Assessments Reduced in Response to COVID-19

The Office of the Comptroller of the Currency (OCC) is reducing assessments in response to the national health emergency related to COVID-19.  Assessments due on September 30, 2020, for all OCC-supervised banks will be calculated using the December 31, 2019, Call Report for each institution, rather than the June 30, 2020, Call Report. This change…

FHFA: Multifamily Property Owners in Forebearance Now Required to Inform Tenants of Eviction Suspension and Protections

To increase awareness of available tenant protections, the Federal Housing Finance Agency (FHFA) announced today that multifamily property owners with mortgages backed by Fannie Mae or Freddie Mac (the Enterprises) who enter into a new or modified forbearance agreement must inform tenants in writing about tenant protections during the multifamily property owner’s forbearance and repayment…