CRA Newswire

Census Bureau: Small Business Pulse Survey Phase 4 Weekly Data Released

The U.S. Census Bureau today released new data from the fourth phase of the Small Business Pulse Survey (SBPS). Data collection began Feb. 15. Results will be released weekly Feb. 25 to April 22. The SBPS includes questions on topics such as location closings, changes in employment, disruptions in the supply chain, the use of federal assistance initiatives such…

FHFA: COVID-19 Multifamily Forbearance Extended Through June 30, 2021

Today, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will continue to offer COVID-19 forbearance to qualifying multifamily property owners through June 30, 2021, subject to the continued tenant protections FHFA has imposed during the pandemic. The programs were set to expire March 31, 2021. “COVID-19 continues to…

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in December 2020. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

EDA: $5.5 Million in CARES Act Recovery Assistance Invested to Support Industrial, Tourism, and Manufacturing Growth and Resiliency Efforts in Tennessee

 Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $5.5 million in CARES Act Recovery Assistance grants to help the state of Tennessee prevent, prepare for, and respond to coronavirus. “The Economic Development Administration is committed to helping communities across the nation implement strategies to mitigate economic hardships brought on by the…

EDA: $3 Million in CARES Act Recovery Assistance Invested to Support Coronavirus Pandemic Economic Recovery and Resiliency Efforts in Morganfield, KY

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $3 million CARES Act Recovery Assistance grant to Union County Fiscal Court, Morganfield, Kentucky, to make sanitary sewer infrastructure improvements needed to support business and job growth and to build economic resiliency in the face of the coronavirus pandemic. This EDA grant,…

EDA: $2 Million in CARES Act Recovery Assistance Invested to Support Workforce Growth and Business Capital Assistance Efforts in Kansas

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $2 million in CARES Act Recovery Assistance grants to help the state of Kansas prevent, prepare for, and respond to coronavirus. “The Economic Development Administration is committed to helping communities across the nation implement strategies to mitigate economic hardships brought on by the…

EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Support Business Recovery and Resiliency Efforts in West Virginia

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to Natural Capital Investment Fund, Inc., (NCIF), Charles Town, West Virginia, to provide the staffing and technical assistance capacity needed to deploy technical assistance and up to $5 million in capital to West Virginia businesses…

EDA: $595,654 in CARES Act Recovery Assistance Invested to Launch Program to Support Regional Economies in Colorado

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $595,654 CARES Act Recovery Assistance grant to Colorado State University (CSU), Grand Junction, Colorado, to launch the Planning and Technical Support to Diversify Colorado Economic Opportunities program. This EDA grant will be matched with $150,212 in local investment. “The Economic Development Administration…

EDA: $552,733 in CARES Act Recovery Assistance Invested to Provide Economic Recovery and Resiliency Assistance to Communities Across Missouri

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $552,733 CARES Act Recovery Assistance grant to Missouri Main Street Connection, Inc., Branson, Missouri, to assist Missouri communities in responding to and recovering from the coronavirus pandemic through the Main Street economic recovery technical assistance and training program. This EDA grant, to…

FDIC: Strategic Plan to Reinforce Diversity, Equity, and Inclusion Within the Agency and Among the Financial Institutions It Supervises Released

The Federal Deposit Insurance Corporation (FDIC) today released the agency’s latest strategic plan to incorporate and promote diversity, equity, and inclusion (DEI) in every aspect of its mission and operations. Read the FDIC’s Diversity, Equity, and Inclusion Strategic Plan. “My goal is to build and maintain an FDIC workforce that is talented, diverse, and committed to…