FEMA: President Trump Approves Emergency Disaster Declaration for North Carolina
FEMA announced federal disaster assistance has been made available to the state of North Carolina to supplement state and tribal response efforts in the areas affected by Hurricane Isaias from July 31, 2020 and continuing. Federal funding is available to the state, eligible local governments and certain private nonprofit organizations on a cost-sharing basis for…
SBA: Readout from Roundtable Discussion with Minority Depository Institutions
On July 30, 2020, U.S. Small Business Administration Administrator Jovita Carranza, Deputy Secretary of the Treasury Justin Muzinich, U.S. and other senior Treasury and SBA officials participated in a roundtable discussion with National Bankers Association Chairman Kenneth Kelly and executives from several minority depository institutions (MDIs). The discussion focused on the MDIs’ experiences as lenders…
FEMA: President Trump Approves Emergency Disaster Declaration for Florida
FEMA announced federal disaster assistance has been made available to the state of Florida to supplement the state’s response efforts in the areas affected by Hurricane Isaias from July 31, 2020 and continuing. Federal funding is available to the state, eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergency protective…
EDA: Nearly $145 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: July 30, 2020 – U.S. Department of Commerce Invests $7.8 Million in CARES Act Funding to Boost Capacity of Universities Across Nation to…
FHFA: Temporary Policy Allowing Purchase of Qualified Loans in Forbearance Extended
August 31, 2020 is new expiration date To support homeowners and mortgage lenders, the Federal Housing Finance Agency (FHFA) approved an extension of the temporary policy that allows for the purchase of certain single-family mortgages in forbearance that meet specific eligibility criteria set by Fannie Mae and Freddie Mac (the Enterprises). The policy is extended…
EDA: $850,000 Invested to Make Critical Water Infrastructure Improvements in Northeast Texas Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $850,000 grant to the city of Hooks, Texas, to make critical wastewater infrastructure improvements needed to support business development and economic growth in a Tax Cuts and Jobs Act Opportunity Zone. The EDA grant project will be matched with $212,500 in local funds and…
FEMA: Redesigned FEMA.gov Website Launched
Continuing its goal to reduce the complexity of FEMA and speed information and assistance to individuals and communities impacted by disasters, today the agency launched the redesigned FEMA.gov website. The site has experienced rapid growth with more than 80 million page visits in the past two years, making it one of the agency’s most important…
Census Bureau: Household Pulse Survey Weekly Data Released
The Census Bureau today released new data from the experimental Household Pulse Survey. The Household Pulse Survey is the result of an effort by the Census Bureau and other federal statistical agencies to document temporal trends in how individuals are experiencing business curtailment and closures, stay-at-home orders, school closures, changes in the availability of consumer goods…
HUD: Secretary Carson Meets with Foster Youth to Independence Voucher Recipients in Ohio
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today visited with recipients of HUD’s Foster Youth to Independence (FYI) Initiative and held a roundtable with local leaders to discuss the program, which is in its first year. Secretary Ben Carson meets with Foster Youth to Independence voucher recipients in Ohio before hosting a roundtable…
EDA: $7 Million Invested to Make Critical Infrastructure Improvements Needed to Protect Montana Businesses from Future Floods
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $7 million grant to Powder River County, Montana, to make critical infrastructure improvements needed to increase economic resilience in the face of natural disasters. The EDA grant, to be matched with $1 million in local investment, is…