OCC: Project REACh Announced to Promote Greater Access to Capital and Credit for Underserved Populations
The Office of the Comptroller of the Currency today announced the launch of Project REACh to promote financial inclusion through greater access to credit and capital. REACh stands for Roundtable for Economic Access and Change and brings together leaders from the banking industry, national civil rights organizations, business, and technology to identify and reduce barriers…
EDA: $30 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: $400,000 to help 13-county region in South Central Tennessee $400,000 to help Panhandle Region in Texas $400,000 to help New River Valley…
FEMA: President Trump Approves Major Disaster Declaration for Hawaii due to Severe Storms and Flooding
Yesterday, FEMA announced that federal disaster assistance has been made available to the state of Hawaii to supplement state and local recovery efforts in the areas affected by severe storms and flooding from March 27-28, 2020. Federal funding also is available to state and eligible local governments and certain private nonprofit organizations on a cost-sharing…
FEMA: President Trump Approves Major Disaster Declaration for Mississippi due to Severe Storms, Tornadoes, Flooding
FEMA announced yesterday that federal disaster assistance has been made available to the state of Mississippi to supplement state, tribal and local recovery efforts in the areas affected by severe storms, tornadoes, straight-line winds and flooding from April 22-23, 2020. Federal funding also is available to state, tribal and eligible local governments and certain private…
FEMA: President Trump Approves Major Disaster Declaration for Tennessee due to Severe Storms and Flooding
Yesterday, FEMA announced that federal disaster assistance has been made available to the state of Tennessee to supplement state, tribal and local recovery efforts in the areas affected by severe storms, straight-line winds and flooding from May 3-4, 2020. Federal funding also is available to state, tribal and eligible local governments and certain private nonprofit…
FEMA: President Trump Approves Major Disaster Declaration for North Dakota due to Flooding
FEMA announced yesterday that federal disaster assistance has been made available to the state of North Dakota to supplement state, tribal and local recovery efforts in the areas affected by flooding from April 1-25, 2020. Federal funding also is available to state, tribal and eligible local governments and certain private nonprofit organizations on a cost-sharing…
FEMA: President Trump Approves Major Disaster Declaration for Missouri due to Severe Storms, Tornadoes, and Flooding
Yesterday, FEMA announced that federal disaster assistance has been made available to the state of Missouri to supplement state, tribal and local recovery efforts in the areas affected by severe storms, tornadoes, straight-line winds and flooding from May 3-4, 2020. Federal funding also is available to state, tribal and eligible local governments and certain private…
CFPB: Report on Debt Settlements and Credit Counseling Released
The Consumer Financial Protection Bureau (Bureau) released a report today examining recent trends in debt settlement and credit counseling. Many Americans struggle with their debts, especially during times of crisis. Today’s report documents changes over time in how consumers have used these debt relief options for unsecured debt. Using the Bureau’s Consumer Credit Panel (CCP),…
FEMA: President Trump Approves Major Disaster Declaration for Utah due to Earthquake
FEMA announced that federal disaster assistance has been made available to the state of Utah to supplement state and local recovery efforts in the areas affected by an earthquake during the period of March 18 to April 17, 2020. The President’s action makes federal funding available to affected individuals in Davis and Salt Lake counties….
FEMA: President Trump Approves Major Disaster Declaration for Michigan due to Severe Storms and Flooding
FEMA announced that federal disaster assistance has been made available to the state of Michigan to supplement state, tribal and local recovery efforts in the areas affected by severe storms and flooding from May 16-22, 2020. The President’s action makes federal funding available to affected individuals in Arenac, Gladwin, Iosco, Midland and Saginaw counties. Assistance…