HUD: Additional $260,000 Announced to Public Housing Authorities to Assist Young People Aging Out of Foster Care
Today, U.S. Housing and Urban Development (HUD) Secretary Ben Carson announced an additional $258,606 in funding for HUD’s new Foster Youth to Independence (FYI) Initiative. Seven housing authorities will receive this funding, continuing HUD’s efforts to assist young adults transitioning out of foster care and who are at risk of homelessness. Last month, HUD awarded nearly $500,000…
EDA: $7.4 Million Invested to Make Critical Electrical Infrastructure Upgrades to Serve Businesses in Skamania County, WA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $7.4 million grant to Public Utility District No. 1 of Skamania County, Washington, to upgrade an electrical power substation to support the energy needs of commercial and industrial customers. The EDA grant, to be matched with more…
EDA: $1.2 Million Invested in Construction of New Pier in Port of Newport, OR
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the Port of Newport, Oregon, to support the construction of a new pier, serving the largest commercial fishing fleet in the state. The EDA grant, to be matched with $1.2 million in local…
FHFA: Fannie Mae and Freddie Mac Announce Update on LIBOR Transition
The Federal Housing Finance Agency today announced additional steps Fannie Mae and Freddie Mac (the Enterprises) are taking as they transition from the London Interbank Offered Rate (LIBOR), the world’s most widely used interest rate benchmark: New language will be required for single-family Uniform Adjustable Rate Mortgage (ARM) instruments closed on or after June 1,…
EDA: $2.3 Million Invested to Boost Workforce Training Opportunities in Idaho
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to Idaho State University in Pocatello, Idaho, to construct a new technical education and training facility on campus. The EDA grant, to be located near a Tax Cuts and Jobs Act Opportunity Zone, will be matched…
Census Bureau: Census Business Builder Updated to Version 3.0
Now Includes Shapefile Download and Upload The U.S. Census Bureau released an update to Census Business Builder (CBB) Version 3.0. The updated version now utilizes the latest Esri technology that improves the user experience and adds new functionality. Functionality updates for both the Small Business Edition (SBE) and the Regional Analyst Edition (RAE) include: Users can now browse data for every…
FDIC: Comprehensive History of Risk-Based Pricing Published
First in a series of staff studies chronicles 85-year evolution of deposit insurance premiums In the first of a series of staff studies to be released to the public, the Federal Deposit Insurance Corporation (FDIC) today published a comprehensive history of how the agency assessed banks to build FDIC’s now 85-year-old Deposit Insurance Fund (DIF)…
EDA: $2.6 Million Invested to Support Workforce Training Opportunities in Clinton, NC Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million grant to Sampson Community College of Clinton, North Carolina to increase the number of skilled workers available to meet regional trucking industry needs by expanding the college’s truck driving school. The EDA grant, to be…