EDA: $1.1 Million Invested for Boardwalk Upgrades to Support Tourism in Wildwood, NJ

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million grant to the city of North Wildwood, New Jersey, for reconstruction of three blocks of boardwalk space. This project will support boardwalk structural repairs, including timber replacement, electrical upgrades and […]

EDA: $958,960 Invested for Sewer System Upgrades in Support of Job Creation and Business Growth in Henry County, VA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $958,960 grant to Henry County, Virginia, to support business and job growth efforts by extending local water and sewer service. This project will provide for the construction of a pump station, sewer line, and other improvements to […]

ABA: Bank Economists Expect Credit Conditions to Weaken over Next Six Months as Inflation Moderates

Bank economists expect credit conditions to soften over the next six months as the economy slows and the Federal Reserve considers additional steps to rein in inflation, according to the American Bankers Association’s latest Credit Conditions Index released today.  The latest report finds slightly less pessimistic near-term expectations for business […]

Census Bureau: AmeriCorps Civic Engagement and Volunteering Supplement Released

The U.S. Census Bureau and AmeriCorps, the federal agency for national service and volunteerism, announced the release of the 2021 Current Population Survey (CPS), Civic Engagement and Volunteering (CEV) Supplement Microdata File. It is the most robust longitudinal survey about volunteerism and other forms of civic engagement in the United States. The […]

CFPB: Public Input Sought on Consumer Credit Market

Feedback from consumers, industry, advocates will help inform biennial credit card market report The Consumer Financial Protection Bureau (CFPB) issued a request for information today seeking public feedback on how the consumer credit market is functioning as part of a biennial review of the industry. The CFPB is seeking more […]

CDFI Fund: Update on the CDFI Fund’s Certification Application Review Process

Additional Time Needed for CDFI Fund to Consider Robust Response to Recent Application Revisions The Community Development Financial Institutions Fund (CDFI Fund) will update its timeline for rolling out the new CDFI Certification Application and anticipates revising the version that was released for public comment in the Federal Register on November 4, […]

ABA: Foundation Launches 2023 Financial Education Campaigns, Three-Year Initiative to Reach 5 Million Americans

The theme for this year’s campaigns is ‘Protecting Your Financial Future’ The American Bankers Association Foundation today launched its 2023 financial education campaigns, calling on America’s banks and their more than two million employees to participate in these important industry programs and help more consumers achieve long-term financial stability. It […]