CFPB: Rule Issued to Implement and Clarify New HMDA Amendments
Today the Bureau of Consumer Financial Protection (Bureau) issued an interpretive and procedural rule to implement and clarify the requirements of section 104(a) of the Economic Growth, Regulatory Relief, and Consumer Protection Act (the Act), which amended the Home Mortgage Disclosure Act (HMDA). The Bureau also released updates to the Filing Instructions Guide (FIG) for…
FEMA: President Trump Approves Major Disaster Declaration for Montana
The Federal Emergency Management Agency announced today that federal disaster assistance has been made available to the state of Montana to supplement state, tribal, and local recovery efforts in the areas affected by flooding from April 12 to May 6, 2018. Federal funding is available to the state, tribal, eligible local governments, and certain private…
EDA: $5.58 Million Invested to Support Technical Assistance and Long-Term Disaster Recovery Planning in San Juan, Puerto Rico
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $5.58 million grant to the Foundation for Puerto Rico to support recovery efforts for towns and cities which were devastated by Hurricanes Irma and Maria. According to grantee estimates, the project is expected to create 24 jobs,…
HUD: $23 Million Awarded to Renew Support to 22 Local HIV-AIDS Housing Programs
Funding offers stable housing for individuals and families at risk of homelessness WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced $23 million to assist more than 1,700 low-income persons living with HIV/AIDS and their families annually over a three-year period. The funding announced today is offered through HUD’s Housing Opportunities for…
SBA: Grants Awarded to 24 State and Local Economic Development Entities, SBTDCs and Universities
The U.S. Small Business Administration (SBA) has granted 24 awards for $125,000 in FY 2018 under the Federal and State Technology (FAST) Partnership Program. Recipients include state and local economic development entities, Small Business Technology Development Centers, Women’s Business Centers, incubators, accelerators, colleges, and universities that provide support to small businesses developing and commercializing high…
SBA: Veterans Small Business Advisory Committees to Host Public Meetings on September 5th and 6th
The U.S. Small Business Administration’s Interagency Task Force on Veterans Small Business Development (IATF) and Advisory Committee on Veterans Business Affairs (ACVBA) will hold quarterly public meetings on September 5 and 6 respectively at SBA headquarters in Washington, D.C. The IATF meeting will be held Wednesday, September 5, from 1 to 4 p.m. The ACVBA…
OCC: Fourth Quarter 2018 and First Quarter 2019 CRA Evaluation Schedule Issued
The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the fourth quarter of 2018 and first quarter of 2019. The OCC encourages public comment on the national banks and federal savings associations scheduled to be evaluated under the CRA, and suggests…
EDA: $3 Million Invested to Build Unmanned Aerial Systems Training and Innovation Facility in New Jersey
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the County of Cape May to help build a 20,000 square foot multi-tenant building that will fulfill the needs of companies in the Unmanned Aerial Systems (UAS) industry. The facility will be located…
EDA: $2.9 Million Invested to Support Disaster Recovery in Georgia
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $2.9 million in grants to the state of Georgia to make critical infrastructure improvements needed to support local disaster recovery efforts. According to grantee estimates, the projects are expected to spur more than $70 million in private investment….
EDA: $1.9 Million Invested to Support the Manufacturing Sector in Berkeley County, SC
oday, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million grant to Berkeley County to make critical water infrastructure improvements needed to support the region’s manufacturers. According to grantee estimates, the project is expected to create nearly 2,000 jobs and spur $520 million in private…