EDA: $7.4 Million Invested to Make Critical Electrical Infrastructure Upgrades to Serve Businesses in Skamania County, WA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $7.4 million grant to Public Utility District No. 1 of Skamania County, Washington, to upgrade an electrical power substation to support the energy needs of commercial and industrial customers. The EDA grant, […]

EDA: $1.2 Million Invested in Construction of New Pier in Port of Newport, OR

 Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the Port of Newport, Oregon, to support the construction of a new pier, serving the largest commercial fishing fleet in the state. The EDA grant, to be matched […]

FHFA: Fannie Mae and Freddie Mac Announce Update on LIBOR Transition

The Federal Housing Finance Agency today announced additional steps Fannie Mae and Freddie Mac (the Enterprises) are taking as they transition from the London Interbank Offered Rate (LIBOR), the world’s most widely used interest rate benchmark:  New language will be required for single-family Uniform Adjustable Rate Mortgage (ARM) instruments closed […]

EDA: $2.3 Million Invested to Boost Workforce Training Opportunities in Idaho

 Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to Idaho State University in Pocatello, Idaho, to construct a new technical education and training facility on campus. The EDA grant, to be located near a Tax Cuts and Jobs […]

OCC: CRA Evaluations for 28 National Banks and Federal Savings Associations Released

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 January 1, 2020 through January 31, 2020.  The list contains only national banks, federal savings associations, and insured federal branches of foreign banks […]

Census Bureau: Census Business Builder Updated to Version 3.0

Now Includes Shapefile Download and Upload The U.S. Census Bureau released an update to Census Business Builder (CBB) Version 3.0. The updated version now utilizes the latest Esri technology that improves the user experience and adds new functionality. Functionality updates for both the Small Business Edition (SBE) and the Regional Analyst Edition (RAE) include: Users can […]

EDA: $2.6 Million Invested to Support Workforce Training Opportunities in Clinton, NC Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million grant to Sampson Community College of Clinton, North Carolina to increase the number of skilled workers available to meet regional trucking industry needs by expanding the college’s truck driving school. […]

EDA: $720,000 Invested to Support Disaster Recovery Efforts in Dayton, OH Opportunity Zone

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $720,000 grant to the Miami Valley Regional Planning Commission (MVRPC) of Dayton, Ohio, to hire a Disaster Recovery Manager that will assist businesses damaged or destroyed by the severe storms in May of 2019. The Disaster Recovery […]