SBA: National Small Business Week Kicks Off in Washington, DC on April 29th
Administrator Linda McMahon, the head of the U.S. Small Business Administration, will be the keynote speaker to kick off the first leg of the 2018 National Small Business Week events in Washington, D.C. on April 29-30. Small business entrepreneurs, industry leaders and other award winners from around the country will converge on D.C. to receive…
SBA: Victors over Catastrophe Honored with SBA’s 2018 Phoenix Award
South Carolina business owners who rebounded after losing their entire inventory after a massive flood, Houston bakery owners who quickly reopened despite the devastation caused by Hurricane Harvey, a Texas mayor who navigated the town’s recovery after Hurricane Harvey, and a volunteer who organized the debris removal of a Georgia town hit by three massive…
FHFA: House Price Index Up 0.6 Percent in February 2018
U.S. house prices rose in February, 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 0.8 percent increase in January was revised upward to 0.9 percent. The FHFA monthly HPI is calculated using home sales price information from mortgages…
Census Bureau: 2016 County Business Patterns Shows Overall Growth in Employment
Construction led all sections in the largest rate of employment growth with an increase of 5.0 percent from 2015 to 2016, according to new U.S. Census Bureau economic statistics released today. Overall, construction employment grew from 6.0 million in 2015 to 6.3 million in 2016. In addition, annual payroll in Construction (NAICS 23) grew 6.5…
HUD: University of Maryland Wins HUD’s Innovation in Affordable Housing Student Design and Planning Competition
The U.S. Department of Housing and Urban Development (HUD) today announced the University of Maryland, College Park as the winner of its 2018 Innovation in Affordable Housing Student Design and Planning Competition. A team of graduate students received top honors for their project, Beacon Crossing—a plan for public housing in Dover, N.H., that will provide…
FEMA: President Trump Approves Major Disaster Declaration for West Virginia
The Federal Emergency Management Agency (FEMA) announced today that federal disaster assistance has been made available to the state of West Virginia to supplement state and local recovery efforts in the areas affected by severe storms, flooding, landslides and mudslides from February 14 to February 20, 2018. Federal funding is available to the state and…
FEMA: President Trump Approves Major Disaster Declaration for Ohio
The Federal Emergency Management Agency (FEMA) announced today 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, flooding and landslides from February 14 to February 25, 2018. Federal funding is available to the state and eligible local…
HUD and Census Bureau: Residential Construction Activity Report for March 2018
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for March 2018. Building Permits Privately owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 1,354,000. This is 2.5 percent (±1.4 percent) above the revised…
SBA: CDC Small Business Finance Wins SBA’s 2018 Jody C. Raskind Award
The Certified Development Company (CDC) Small Business Finance, a California-based SBA 504 CDC Lender, Community Advantage Lender and Microloan Intermediary, has been selected as this year’s Jody C. Raskind Award recipient. This recognition is presented annually by the U.S. Small Business Administration to a mission-focused lender that has distinguished itself in helping small businesses start,…
CDFI Fund: First-Time CDFI Fund Grant Applicants Should Register with SAM.gov ASAP
Process for registering new entities may increase application time Are you interested in applying for an upcoming Community Development Financial Institutions Fund (CDFI Fund) program round, but you haven’t registered in the General Services Administration (GSA) System for Award Management (SAM) yet? Please pay close attention to the following information: Due to recent third-party fraudulent…