EDA: $1.3 Million Invested to Help Establish Unmanned Aviation System Facility at Houma-Terrebone Airport, LA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the Houma-Terrebonne Airport Commission of Houma, Louisiana, to make infrastructure improvements needed to establish an Unmanned Aviation System (UAS) facility at the Houma-Terrebonne Airport. The project, to be matched with $337,500 in local…
EDA: Investment Made to Support Economic Resilience Initiatives in Greater New Orleans, LA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $950,000 grant to Greater New Orleans Inc., (GNO, Inc.) of New Orleans, Louisiana, to support local disaster resiliency efforts by expanding strategic alliances between industry partners, economic development organizations and schools of higher education through the organization’s signature GNOu program. The EDA…
FEMA: Four More Oklahoma Counties Added to Federal Disaster Declaration
Four more counties in Oklahoma have been designated for disaster assistance as part of the federal disaster declaration for severe storms, straight-line winds, tornadoes and flooding between May 7 and June 9, 2019. This announcement brings the total number of counties designated for Individual Assistance to 21 with today’s addition of Cherokee, Le Flore, Noble, and…
FEMA: President Trump Approves Major Disaster Declaration for Ohio
FEMA announced that federal disaster assistance has been made available to the state of Ohio to supplement state and local recovery efforts in the areas affected by severe storms, straight-line winds, tornadoes, flooding, and landslides beginning on May 27 – 29, 2019. The President’s action makes federal funding available to affected individuals in Auglaize, Darke,…
HUD: $63 Million Awarded to Support Affordable Housing and Community Development in 85 Tribal Communities
The U.S. Department of Housing and Urban Development (HUD) today awarded $63 million to 85 Native American communities throughout the country to improve housing conditions and stimulate community development for residents, including funding construction projects that generate local job opportunities. HUD’s Indian Community Development Block Grant (ICDBG) Program supports a wide range of community development and affordable…
FEMA: Four More Arkansas Counties Added to Disaster Declaration
Continuing preliminary damage assessments have resulted in four more Arkansas counties being designated for disaster assistance as part of the federal disaster declaration for areas affected by severe storms and flooding beginning on May 21. The addition of Arkansas, Desha, Logan and Pope counties brings the total number of Arkansas counties designated for Individual Assistance…
FEMA: President Trump Approves Major Disaster Declaration for the Ponca Tribe of Nebraska
FEMA announced that federal disaster assistance has been made available to the Ponca Tribe of Nebraska to supplement tribal recovery efforts in the areas affected by a severe storms and flooding from March 13 to April 1, 2019. The President’s action makes federal funding available to the tribe on a cost-sharing basis for emergency work…
FFIEC: Agencies Release List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies
The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today announced the availability of the 2019 list of distressed or underserved nonmetropolitan middle-income geographies, where revitalization or stabilization activities are eligible to receive Community Reinvestment Act (CRA) consideration under the community…
FHFA: Report on Non-Performing Loan Sales Released
The Federal Housing Finance Agency (FHFA) today released its report providing information about the sale of non-performing loans (NPLs) by Fannie Mae and Freddie Mac (the Enterprises). The Enterprise Non-Performing Loan Sales Report includes information about NPLs sold through December 31, 2018, and reflects borrower outcomes as of December 31, 2018 on NPLs sold through June 30,…
Interagency Release: List of Distressed and Underserved Nonmetropolitan Middle-Income Geographies for 2019 Released
The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today announced the availability of the 2019 list of distressed or underserved nonmetropolitan middle-income geographies, where revitalization or stabilization activities are eligible to receive Community Reinvestment Act (CRA) consideration under the community…