CRA Newswire

SBA: Funding Opportunity Announced through the State Trade Expansion Program

Grant provides opportunities for small businesses to take their businesses global The U.S. Small Business Administration announces the opening of the submission period for a funding opportunity through the State Trade Expansion Program. The purpose of the grant opportunity is to invite proposals for funding from eligible state entities interested in, and capable of providing assistance, guidance and…

FEMA: Nine More Puerto Rico Municipalities Eligible for Individual Assistance

Nine more municipalities that were affected by the earthquakes that began Dec. 28, 2019, in southwest Puerto Rico have been designated as eligible for FEMA’s Individual Assistance program. At the request of the Government of Puerto Rico, FEMA extended eligibility for Individual Assistance to Arecibo, Ciales, Hormigueros, Juana Díaz, Las Marías, Mayagüez, Morovis, Orocovis and Sabana Grande under the Jan. 16 presidential disaster declaration….

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…

OCC: CRA Evaluations for 28 National Banks and Federal Savings Associations Released

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of January 1, 2020 through January 31, 2020.  The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings.  The…

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 November 2019. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

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…