CRA Newswire

SBA: Los Angeles Investment Firm Named Small Business Investment Company of the Year

Avante Mezzanine Partners, a woman-owned fund of Los Angeles, Calif. has been named the 2018 Small Business Investment Company (SBIC) of the Year by the U.S. Small Business Administration.  Avante, along with other national winners and finalists for the National Small Business Person of the Year, have been invited to a recognition ceremony as part…

SBA: National Small Business Week Tour Stops in Raleigh, NC on May 3rd

During National Small Business Week, the U.S. Small Business Administration celebrates the 30 million small businesses that are the engines of our national economy. SBA Administrator McMahon will visit small businesses on a four-state bus trip across the Southeast, highlighting the innovators and job creators that make our communities vibrant places to live, work and…

FEMA: Now Is the Time to Prepare Financially for Hurricane Season

Survivors at all income levels have experienced the challenges of rebuilding their lives after hurricanes Irma and María. Financial preparedness is an essential part of 2018 hurricane season planning. Being financially prepared means you should: Consider the costs associated with disasters such as insurance deductibles and evacuation costs, and plan for those costs. Anticipate initial…

HUD and Census Bureau: New Residential Sales Report for March 2018

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 March 2018: New Home Sales Sales of new single-family houses in March 2018 were at a seasonally adjusted annual rate of 694,000. This is 4.0 percent (±18.6 percent)* above the revised February…

SBA: National Small Business Week Kicks Off in Washington, DC on April 29th

Administrator Linda McMahon, the head of the U.S. Small Business Administration, will be the keynote speaker to kick off the first leg of the 2018 National Small Business Week events in Washington, D.C. on April  29-30.  Small business entrepreneurs, industry leaders and other award winners from around the country will converge on D.C. to receive…

SBA: Victors over Catastrophe Honored with SBA’s 2018 Phoenix Award

South Carolina business owners who rebounded after losing their entire inventory after a massive flood, Houston bakery owners who quickly reopened despite the devastation caused by Hurricane Harvey, a Texas mayor who navigated the town’s recovery after Hurricane Harvey, and a volunteer who organized the debris removal of a Georgia town hit by three massive…

FHFA: House Price Index Up 0.6 Percent in February 2018

U.S. house prices rose in February, up 0.6 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). The previously reported 0.8 percent increase in January was revised upward to 0.9 percent. The FHFA monthly HPI is calculated using home sales price information from mortgages…

Census Bureau: 2016 County Business Patterns Shows Overall Growth in Employment

Construction led all sections in the largest rate of employment growth with an increase of 5.0 percent from 2015 to 2016, according to new U.S. Census Bureau economic statistics released today. Overall, construction employment grew from 6.0 million in 2015 to 6.3 million in 2016. In addition, annual payroll in Construction (NAICS 23) grew 6.5…

HUD: University of Maryland Wins HUD’s Innovation in Affordable Housing Student Design and Planning Competition

The U.S. Department of Housing and Urban Development (HUD) today announced the University of Maryland, College Park as the winner of its 2018 Innovation in Affordable Housing Student Design and Planning Competition. A team of graduate students received top honors for their project, Beacon Crossing—a plan for public housing in Dover, N.H., that will provide…

FEMA: President Trump Approves Major Disaster Declaration for West Virginia

The Federal Emergency Management Agency (FEMA) announced today that federal disaster assistance has been made available to the state of West Virginia to supplement state and local recovery efforts in the areas affected by severe storms, flooding, landslides and mudslides from February 14 to February 20, 2018. Federal funding is available to the state and…