CRA Newswire

EDA: $1.1 Million Invested to Modernize Workforce Training Facilities at Pine Technical College in Minnesota

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 Pine Technical College of Pine City, Minnesota, to support their workforce training center modernization, upgrade and expansion project. “The Trump Administration is committed to supporting opportunities for technical training and manufacturing as a…

CDFI Fund: FY 2019 Funding Round for CDFI Program and NACA Program Open

Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2019 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program). The awards from these programs will support Community Development Financial Institutions (CDFIs) that provide affordable financing…

HUD: Proposed Rule Issued to Make Section 3 More Efficient and Effective

Section 3 is a HUD statute that requires recipients of HUD funding to the greatest extent feasible employ low- and very-low income persons and businesses in the communities HUD serves The U.S. Department of Housing and Urban Development (HUD) today published a proposed rule to improve the effectiveness and efficiency of Section 3 of the…

SBA: National SBIR Road Tour Announced to Engage Small Businesses Working on High-Tech, High-Impact Ideas

The U.S. Small Business Administration (SBA) today announced it will launch a 16-stop road tour connecting entrepreneurs working on advanced technology to the country’s largest source of early stage funding – the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. Also known as America’s Seed Fund, the SBIR/STTR programs focus on…

CFPB: Need Help with Your Credit Card Debt? Start with Your Credit Card Company!

 If you’re struggling to keep up with credit card bills, you’re not alone. According to a 2017 Bureau report, from 2015 to 2017 overall credit card debt increased by 13 percent, while people with very low credit scores saw their debt rise by 22 percent.  Even if you’ve hit a rough spot, lost your job, are dealing…

Census Bureau: Webinar on April 9th on Accessing Data in 2019 with Transition to data.census.gov

What: The U.S. Census Bureau will hold a webinar to show participants how to access data using data.census.gov. The Census Bureau has developed a new way of accessing data and is now a few months away from the official launch of data.census.gov and the retirement of American FactFinder in June. Starting in July, data.census.gov will be the primary…

Interagency: Proposed Rule to Limit Impact of Large Bank Failures

The federal banking agencies on Tuesday proposed a rule to limit the interconnectedness of large banking organizations and reduce the impact from failure of the largest banking organizations. The proposal would complement other measures that the banking agencies have taken to limit interconnectedness among large banking organizations. Global systemically important bank holding companies, or GSIBs,…

OCC: CRA Evaluations Released for 25 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 March 1, 2019 through March 31, 2019.  The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings.  The…

FEMA: For National Financial Capability Month, FEMA Partners with FLEC for Events

Throughout the month of April, FEMA, in partnership with the Financial Literacy and Education Commission(FLEC), is celebrating National Financial Capability Month.  Personal financial planning helps individuals and families prepare for disasters both big and small. Many people have experienced the challenges of rebuilding their lives after a disaster. In these stressful circumstances, disaster savings can help…

HUD: Fair Housing Month Kicks Off with Launch of Anti-Sexual Harassment Campaign and Training Initiative

HUD unveils “Call HUD: Because Sexual Harassment in Housing is Illegal” Campaign The U.S. Department of Housing and Urban Development (HUD) today launched a special campaign and training initiative to help protect people from harassment by landlords, property managers, and maintenance workers in HUD-assisted housing. “The Call HUD: Because Sexual Harassment in Housing is Illegal”…