FEMA: President Trump Approves Major Disaster Declaration for Seminole Tribe of Florida
FEMA announced that federal emergency aid has been made available for the Seminole Tribe of Florida to supplement the Tribe’s efforts in the areas affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2019 and continuing. Public Assistance federal funding is available to the Seminole Tribe of Florida and certain private nonprofit…
FEMA: President Trump Approves Major Disaster Declaration for Arkansas due to Severe Storms
FEMA announced that federal disaster assistance has been made available to the state of Arkansas to supplement state and local recovery efforts in the areas affected by severe storms, straight-line winds and tornadoes on March 28, 2020. Federal funding also is available to state, tribal and eligible local governments and certain private nonprofit organizations on…
FEMA: President Trump Approves Major Disaster Declaration for North Carolina due to Severe Storms, Flooding and Tornadoes
FEMA announced that federal disaster assistance has been made available to the state of North Carolina to supplement state, tribal and local recovery efforts in the areas affected by severe storms, flooding and tornadoes from Feb. 6 to 19, 2020. Federal funding also is available to state, tribal and eligible local governments and certain private…
HUD: More Than $12 Million Awarded to Help Public Housing Authority Tenants to Relocate
Today, U.S. Department of Housing and Urban Development (HUD) awarded $12,841,788 to seven Public Housing Authorities to provide tenant protection vouchers to Public Housing (Low-Rent) Program assisted residents. These vouchers will help households with relocation or replacement housing when their Public Housing units are slated under a HUD-approved plan for demolition and disposition actions or…
EDA: $1.5 Billion in CAREs Act Funds Available to Aid Communities Impacted by the Coronavirus Pandemic
U.S. Secretary of Commerce Wilbur Ross today announced that the Department’s Economic Development Administration (EDA) is now accepting applications from eligible grantees for Coronavirus Aid, Relief, and Economic Security Act (CARES Act) supplemental funds (EDA CARES Act Recovery Assistance) intended to help communities prevent, prepare for, and respond to coronavirus. “President Trump is working tirelessly…
SBA: Funding Awarded to Organizations Delivering Entrepreneurship Training to Women Veterans and Military Spouses
The U.S. Small Business Administration today awarded $300,000 in grants to three organizations offering entrepreneurship training to women service members, veterans and military spouses. The funding opportunity, offered by SBA’s Office of Veterans Business Development, supports each organization’s entrepreneurial programs for women who serve in our military and veteran communities. Each awardee was chosen based on their demonstrated…
CFPB: FAQs Issued to Support Small Businesses Applying for PPP Loans
The Consumer Financial Protection Bureau today issued clarifying FAQs to support small businesses who have applied for a loan from their financial institution under the Small Business Administration’s (SBA) Paycheck Protection Program (PPP). Creditors are generally required under the Equal Credit Opportunity Act and Regulation B to notify applicants within 30 days of receiving a…
CDFI Fund: Request for Public Comment on CDFI Certification Application and Reporting Tools
Supporting CDFI Growth and Innovation through New Certification Application and Reporting Procedures At the Community Development Financial Institutions Fund (CDFI Fund), we value the important work that Certified Community Development Financial Institutions (CDFIs) do. We know that CDFIs are being asked to do more than ever before in delivering capital and credit to families, businesses…
ABA: Report Shows More Consumers Paid Credit Card Balances in Full Amid Rising Card Use in Fourth Quarter 2019
Even as credit card use increased in the fourth quarter of 2019, a record share of consumers paid off their bill in full each month, according to the American Bankers Association’s latest quarterly Credit Card Market Monitor. Seasonally adjusted monthly purchase volumes rose compared to the previous quarter, particularly among super-prime (+4.0%) and prime (+2.9%) accounts,…
FEMA: Federal Support to Expand National COVID-19 Testing Capabilities
Testing is critical to slow the spread of coronavirus (COVID-19) and mitigate its threat to public health. President Trump has led a historic effort to revolutionize testing in the United States to confront this challenge. Under President Trump’s Guidelines for Opening America Up Again, states should meet at least five metrics before proceeding to a phased…