CRA Newswire

SBA: Contributions of Women Entrepreneurs Recognized during National Women’s Small Business Month

The U.S. Small Business Administration is recognizing National Women’s Small Business Month and the countless women small business owners who have pursued their passion and taken the leap into entrepreneurship. Women are a driving force in the nation’s economy, starting most new businesses.  They own 9.9 million companies that employ more than eight million people…

EDA: $7.1 Million Invested to Improve Disaster Resilience at the Big Pasco Industrial Center in Pasco, WA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $7.1 million grant to the Port of Pasco in Pasco, Washington, to make roadway and storm water management improvements needed to support the continuous operation of the Big Pasco Industrial Center. According to grantee estimates, the project…

EDA: $1.17 Million Invested to Strengthen Manufacturing in Puerto Rico

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.17 million grant to Puerto Rico Manufacturing Extension, Inc. (PRIMEX) of San Juan, to provide assistance and training to local manufacturing businesses to include disaster preparedness and resilience planning. According to grantee estimates, the project is expected…

ABA: Foundation Honors Texas Banker with Distinguished Service Award

Marcus A. Vasquez, a Texas banker, has been named the ABA Foundation’s 2018 George Bailey Distinguished Service Award winner for his efforts to assist his community after Hurricane Harvey. Vasquez currently serves as the vice president and fair banking officer for Allegiance Bank in Houston, and has more than 14 years of banking experience both…

ABA: Foundation Honors Six Banks with Community Commitment Awards

Categories range from affordable housing to economic inclusion The American Bankers Association Foundation today announced it will honor six banks with a Community Commitment Award, which is provided to institutions that have demonstrated leadership in the area of corporate social responsibility. The ABA Foundation will recognize these banks’ efforts in categories ranging from affordable housing…

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 July 2018. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

HUD: Chicago’s Historic Rosenwald Courts Apartments Earns 2018 HUD Secretary Award

The U.S. Department of Housing and Urban Development (HUD) and the Advisory Council on Historic Preservation (ACHP) today announced Chicago’s Rosenwald Courts Apartments, once home to boxer Joe Louis, and Olympian Jesse Owens, as the recipient of the 2018 ACHP/HUD Secretary’s Award for Excellence in Historic Preservation. This annual award recognizes developers, organizations, and agencies…

EDA: $5.5 Million Invested to Build Workforce Training Center in Perris, CA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $5.5 million grant to the city of Perris, California, to help build the Perris Downtown Skills Training and Job Placement Center. According to grantee estimates, the project is expected to create 325 jobs and spur $10 million…