EDA: $1.1 Million Invested to Support Disaster Recovery Efforts in Houston, TX
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million grant to TruFund Financial Services, Inc. to develop a technical assistance program that will support entrepreneurial business development opportunities for small and minority-women owned business operating in Hurricane Harvey-impacted Houston, Texas, region. “President Trump champions…
CFPB: Get Your Credit on Track with New CFPB Booklet
Today the Bureau is releasing “Want credit to work for you?” the newest addition to the Your Money, Your Goals suite of financial empowerment tools. The third in a series released by the Bureau, this booklet provides eight tools to help consumers through the various stages of building credit, maintaining good credit, and fixing credit if it…
FEMA: What is FEMA Public Assistance?
What is FEMA Public Assistance? Public Assistance is a reimbursement program that provides federal funding to help communities respond to and recover from disasters such as Hurricane Florence and Tropical Storm Michael. FEMA reimburses state and local governments and certain types of private nonprofit organizations for the cost of disaster-related debris removal, emergency protective measures…
FEMA: President Trump Approved Major Disaster Declaration for the La Jolla Ban of Luiseno Indians
FEMA announced today that federal disaster assistance has been made available for the La Jolla Band of Luiseño Indians to supplement tribal recovery efforts in the areas affected by severe storms, flooding, landslides, and mudslides from Feb. 14 – 15, 2019. Federal funding is available to the La Jolla Band of Luiseño Indians and certain…
EDA: $3.7 Million Invested for Disaster Recovery and Resiliency Infrastructure Upgrades in South Carolina
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $3.7 million in grants to the state of South Carolina to make critical infrastructure upgrades needed to help the state respond to recent natural disasters. “The Trump Administration has repeatedly emphasized the need to upgrade America’s infrastructure,” said…
FHFA: House Price Index Up 0.6 Percent in January; Up 5.6 Percent from Last Year
U.S. house prices rose in January, 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 0.3 percent increase for December 2018 remained unchanged. The FHFA monthly HPI is calculated using home sales price information from mortgages sold to, or…
FEMA: President Trump Approves Major Disaster Declaration for Iowa
FEMA announced that federal disaster assistance has been made available to the state of Iowa to supplement state and local recovery efforts in the areas affected by severe storms and flooding beginning on March 12, 2019, and continuing. The President’s action makes federal funding available to affected individuals in Fremont, Harrison, Mills, Monona, and Woodbury…
OCC: Report Shows Mortgage Performance Improves in Fourth Quarter 2018
The Office of the Comptroller of the Currency (OCC) reported a slight improvement in the performance of first-lien mortgages in the federal banking system during the fourth quarter of 2018. The OCC Mortgage Metrics Report, Fourth Quarter 2018, showed 95.8 percent of mortgages included in the report were current and performing at the end of the quarter,…
EDA: $2 Million Invested to Support Manufacturing Industry in Wichita, KA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Wichita State University (WSU) of Wichita, Kansas, to purchase equipment needed to support regional manufacturing growth and training. According to grantee estimates, the project is expected to create 150 jobs. “The Trump Administration…
FEMA: President Trump Approves Major Disaster Declaration for Nebraska
The Federal Emergency Management Agency announced that federal disaster assistance has been made available to the state of Nebraska to supplement state and local recovery efforts in the areas affected by severe winter storm, straight-line winds and flooding beginning on March 9, 2019, and continuing. The President’s action makes federal funding available to affected individuals…