CRA Newswire

EDA: Investment Made to Protect Dayton, TN Businesses from Future Flood Events

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.7 million grant to the city of Dayton, Tennessee, to upgrade critical water infrastructure needed to protect local businesses from future flood events. The grant, to be matched with $11.8 million in local funds, is expected to…

FEMA: President Trump Approves Major Disaster Declaration for Missouri

 FEMA announced today that federal disaster assistance has been made available to the state of Missouri to supplement state and local recovery efforts in the areas affected by severe storms, tornadoes, and flooding on April 29, 2019, and continuing. The president’s action makes federal funding available to affected individuals in Andrew, Atchison, Boone, Buchanan, Carroll,…

SBA: Funding Competition Announced for Organizations Providing Training to Service-Disabled Veteran Entrepreneurs

The  U.S. Small Business Administration today announced that non-profit organizations, state and local agencies, and institutions of higher learning are eligible to compete for funding of up to $150,000 to deliver entrepreneurship training to  service-disabled veterans.  Up to six awardees will use the $300,000 in total funding to participate in the Service-Disabled Veteran Entrepreneurship Training Program with…

SBA: $100,000 Awarded to Veteran Owned Small Business Growth Pilot Training Program

The U.S. Small Business Administration today announced a partnership with the Veteran Entrepreneurial Training and Resource Network (VETRN) to establish a pilot training program for military veterans who are small business owners and their immediate family members. The Veteran Owned Small Business Growth Training program will equip these entrepreneurs with the resources and networks necessary to grow…

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

HUD: Record $2.3 Billion Available to Support Thousands of Local Homeless Programs

In a continuing effort to prevent and end homelessness, the U.S. Department of Housing and Urban Development (HUD) today is making a record $2.3 billion available to support thousands of local homeless assistance programs nationwide. Read HUD’s Notice of Funding Availability (NOFA). HUD’s Continuum of Care homeless assistance grants support a wide variety of local programs…

HUD: $150 Million Offered to Provide Affordable Housing to People with Disabilities

Funding expected to help approximately 18,000 non-elderly persons with disabilities The U.S. Department of Housing and Urban Development (HUD) is offering $150 million in grants to provide affordable housing to approximately 18,000 non-elderly persons living with disabilities. Read HUD’s funding notice. HUD’s Mainstream Housing Choice Voucher Program provides funding to public housing agencies to assist non-elderly persons with…

OCC: CRA Evaluations Released for 23 National Banks and Federal Savings Associations

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 June 1, 2019 through June 30, 2019. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. The…

EDA: $16 Million Invested to Boost Workforce Training Efforts in Key West, FL

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $16 million grant to Florida Keys Community College of Key West, Florida, to build a new training facility that will offer workforce training and apprenticeship programs and also provide the College with an alternate headquarters location should…

EDA: $500,000 Invested to Support Growth of Pike County, AL’s Manufacturing Sector

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to Pike County, Alabama, to make critical infrastructure improvements needed to support the growth of manufacturing businesses in the region, including a major lumber manufacturing facility. This EDA grant will be matched with $500,000 in state investment and is expected…