SBA: Funding Awarded for 22 Veterans Business Outreach Centers
The U.S. Small Business Administration this week announced the awarding of $6.6 million in funding to 22 organizations to provide training and counseling to current and aspiring veteran small business owners as a Veterans Business Outreach Center (VBOC). The funding opportunity, offered by SBA’s Office of Veterans Business Development, is a one-year initial award with…
CDFI Fund: CY 2018 Round of New Markets Tax Credit Program Now Open
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today the Notice of Allocation Availability (NOAA) for the calendar year (CY) 2018 round of the New Markets Tax Credit Program (NMTC Program). The NOAA makes up to $3.5 billion in tax credit allocation authority available for the CY 2018 round….
FEMA: President Trump Approves Major Disaster Declaration for Hawaii
The Federal Emergency Management Agency (FEMA) announced today that federal disaster assistance has been made available to the state of Hawaii to supplement state and local recovery efforts in the areas affected by severe storms, flooding, landslides and mudslides from April 13 to April 16, 2018. Federal funding is available to the state and eligible…
FEMA: President Trump Approves Major Disaster Declaration for North Carolina
The Federal Emergency Management Agency (FEMA) announced today that federal disaster assistance has been made available to the state of North Carolina to supplement state and local recovery efforts in the areas affected by a tornado and severe storms on April 15, 2018. The President’s action makes federal funding available to affected individuals in Guilford…
FFIEC: 2017 HMDA Data on Mortgage Lending Now Available
The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 5,852 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA). Covered institutions include banks, savings associations, credit unions, and mortgage companies. Released today are loan-level HMDA data that cover 2017 lending activity submitted by financial…
CFPB: FFIEC Announces Availability of 2017 HMDA Data on Mortgage Lending
The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 5,852 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA). Covered institutions include banks, savings associations, credit unions, and mortgage companies. Released today are loan-level HMDA data that cover 2017 lending activity submitted by financial…
CDFI Fund: Save the Date for Upcoming FY 2018 Capital Magnet Fund Information Sessions
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) is tentatively planning to publish the Notice of Funds Availability (NOFA) and application for the FY 2018 Capital Magnet Fund round in the Summer of 2018. Approximately $140 million is expected to be available for awards through the FY 2018 round. The…
FEMA: President Trump Approves Major Disaster Declaration for Indiana
The Federal Emergency Management Agency (FEMA) announced today that federal disaster assistance has been made available to the state of Indiana to supplement state, tribal and local recovery efforts in the areas affected by severe storms and flooding from February 14 to March 4, 2018. The President’s action makes federal funding available to affected individuals…
FDIC: Guidance to Help Financial Institutions and Facilitate Recovery in Disaster Areas of Alabama
Summary: The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Alabama affected by severe storms and tornadoes. Statement of Applicability to Institutions with Total Assets under $1 Billion: This Financial Institution Letter applies to all FDIC-supervised financial institutions. Highlights: Severe storms and…