EDA: $850,000 Invested to Establish Maritime Training Facility in New Orleans Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $850,000 grant to Delgado Community College of New Orleans, Louisiana, to support the growth of Louisiana’s water transportation industry by building the new Delgado Maritime and Industrial Training Facility. The EDA grant project, to be located in a Tax Cuts and Jobs Act …
EDA: $500,000 Invested to Establish Business Revolving Loan Fund to Serve Twelve County, Disaster-Impacted Region in South Dakota
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to Northeast Council of Governments (NECOG) in Aberdeen, South Dakota, to establish a new Revolving Loan Fund (RLF) to support small businesses with recovering and rebuilding following a natural disaster. The EDA project, of which a portion is located in…
SBA: Services Expanded for Women Entrepreneurs in West Virginia
Applications accepted through March 23, 2020 The U.S. Small Business Administration is accepting grant applications for a new Women’s Business Center in West Virginia. This expansion of SBA services is part of the agency’s priority to open more doors for women entrepreneurs and increase access to resources in socially and economically disadvantaged communities. “This new grant opportunity…
FDIC: CRA Examination Schedule for Second and Third Quarters 2020 Released
The Federal Deposit Insurance Corporation (FDIC) today issued the lists of institutions scheduled for a Community Reinvestment Act (CRA) examination during the second and third quarter 2020. CRA regulations require each federal bank and thrift regulator to publish its quarterly CRA examination schedule at least 30 days before the beginning of each quarter. The Community…
OCC: Second and Third Quarter 2020 CRA Evaluation Schedule Issued
The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the second quarter and third quarter 2020. The OCC encourages public comment on the national banks and federal savings associations scheduled to be evaluated under the CRA. Public comments should be submitted…
HUD: $36 Million Awarded to Promote Employment and Self-Sufficiency for Public Housing Residents
The U.S. Department of Housing and Urban Development (HUD) today awarded $36 million to public housing agencies, non-profit organizations, resident associations, and tribal grantees across the nation to hire or retain service coordinators who help connect all public housing residents with employment training, financial literacy services, educational opportunities, and health and wellness programs. Watch Secretary…
EDA: $8.9 Million Invested to Improve Flood Control Infrastructure Near Opportunity Zone in Long Beach, CA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding an $8.9 million grant to the city of Long Beach, California, to make the flood control infrastructure improvements needed to protect businesses and make the region resilient to future natural disasters. The EDA grant, to be located near…
EDA: $735,000 Invested in Critical Roadway Infrastructure near Opportunity Zone in Mattapoisett, MA
oday, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $735,000 grant to the town of Mattapoisett, Massachusetts, to reconstruct a critical roadway that serves an industrial park and surrounding businesses. The EDA grant project, to be located near a Tax Cuts and Jobs Act Opportunity Zone, will be matched with $735,000 in…
EDA: $513,274 Invested to Support Manufacturing in Atkinson, IL
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $513,274 grant to the Village of Atkinson, Illinois, to make critical sewer infrastructure improvements needed to support the growth of manufacturing businesses in the region. This EDA grant, to be matched with $513,274 in local investment, is expected to create or retain…
HUD and Census Bureau: New Residential Sales Report for January 2020
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for January 2020: New Home Sales Sales of new single-family houses in January 2020 were at a seasonally adjusted annual rate of 764,000. This is 7.9 percent (±17.8 percent)* above the revised December…