CRA Newswire

FEMA: President Trump Approves Major Disaster Declaration for Idaho

FEMA announced that federal emergency aid has been made available for the state of Idaho to supplement state, tribal and local recovery efforts in the areas affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020 and continuing. Public Assistance federal funding is available to the state, tribal and eligible local governments…

FEMA: President Trump Approves Major Disaster Declaration for Alaska

FEMA announced that federal emergency aid has been made available for the state of Alaska to supplement state, tribal and local recovery efforts in the areas affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020 and continuing. Public Assistance federal funding is available to the state, tribal and eligible local governments…

Federal Reserve: Additional Actions Taken to Provide up to $2.3 Trillion in Loans to Support the Economy

The Federal Reserve on Thursday took additional actions to provide up to $2.3 trillion in loans to support the economy. This funding will assist households and employers of all sizes and bolster the ability of state and local governments to deliver critical services during the coronavirus pandemic. “Our country’s highest priority must be to address…

EDA: $3.5 Million to Support Disaster and Economic Resiliency Efforts in Westby, WI

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.5 million grant to the city of Westby, Wisconsin, to make critical infrastructure improvements needed to expand the city’s industrial park and protect businesses from severe weather events. The EDA grant, to be matched with $868,800 in…

EDA: $1.1 Million Invested to Support Disaster Recovery and Resiliency Efforts in Puerto Rico Opportunity Zones

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million grant to the University of Puerto Rico, San Juan, Puerto Rico, to hire three Disaster Recovery Coordinators to execute disaster recovery efforts throughout the entire Commonwealth. The project, to be located in a Tax Cuts and…

OCC: Comptroller Thanks Stakeholders for Comments on the Proposal to Modernize CRA Regulations

Comptroller of the Currency Joseph M. Otting today issued the following statement thanking stakeholders for their comments on the proposal to strengthen and modernize the regulatory framework implementing the Community Reinvestment Act. I want to thank all of the stakeholders who have submitted more than 7,400 thoughtful and helpful comments regarding the Office of the…

Federal Bank Regulators Issue Interim Final Rule for Paycheck Protection Program

The federal bank regulatory agencies today announced an interim final rule to encourage lending to small businesses through the Small Business Administration’s Paycheck Protection Program, or PPP.  The PPP was established by the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, and provides loans to small businesses so that they can keep their…

FEMA: President Trump Approves Major Disaster Declaration for Vermont

 FEMA announced that federal emergency aid has been made available for the state of Vermont to supplement the state and local recovery 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 state and eligible local governments and…

Census Bureau: Delivery of 2020 Census Paper Questionnaires Begins

About 64 million households across the nation are receiving a paper questionnaire in the coming days as the U.S. Census Bureau continues to ensure responding to the census is easier than ever. Of the nation’s households, 46.2% have already responded to the 2020 Census. The remaining households will receive a paper questionnaire starting April 8. “If you’re…

EDA: $2 Million Invested to Develop Strategies to Maximize Marine Economy and Build Resiliency in Coastal Maine

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Maine Technology Institute in Brunswick, Maine. The grant will help develop a strategic roadmap to strengthen Maine’s marine living resources economy and improve resiliency against future natural disasters. The EDA grant will…