SBA: 2017 Houston Small Business Person of the Year and Small Business Champions Named
HOUSTON – The U.S. Small Business Administration (SBA) has named Stuart A. Lynn the 2017 Houston District Small Business Person of the Year. Stuart A. Lynn is Founder and CEO of Lynn & Associates Engineering and Windstorm located in Bay City, Texas. They are a design and consulting engineering firm that provides civil engineering, structural engineering,…
CDFI Fund: Update for FY 2016 Round BEA Program Applicants – Electronic Application Now Available
The electronic application for the fiscal year (FY) 2016 round of the Bank Enterprise Award Program (BEA Program) is now available in the Community Development Financial Institutions Fund’s (CDFI Fund) Awards Management Information System (AMIS). All applicants must be registered in SAM.gov, Grants.gov, and AMIS to apply for funding. Previous applicants should confirm that their…
SBA: Administrator Honors Nation’s Top Small Businesses
WASHINGTON – Administrator Linda McMahon, the head of the U.S. Small Business Administration, announced today this year’s Small Business Person of the Year winners from the 50 states, the District of Columbia, Puerto Rico, Guam and the U.S. Virgin Islands. All of the winners have been invited to attend ceremonies in Washington, D.C on April…
HUD: New Residential Construction Activity for February Announced
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the Census Bureau jointly announced the following new residential construction statistics for February 2017: BUILDING PERMITS Privately owned housing units authorized by building permits in February were at a seasonally adjusted annual rate of 1,213,000. This is 6.2 percent (±1.8 percent) below the…
HUD: 2018 Budget Proposed
Today, the Administration proposed a Fiscal Year 2018 spending blueprint for discretionary programs in several agencies across the Federal Government, including the U.S. Department of Housing and Urban Development. The blueprint reflects the President’s commitment to support HUD’s critical functions that provide rental assistance to low-income and vulnerable households and to help work-eligible families achieve self-sufficiency….
SBA: National Small Business Week Announced
WASHINGTON – Today, the head of the U.S. Small Business Administration (SBA), Administrator Linda McMahon announced that this year’s National Small Business Week will be held from April 30-May 6, 2017. McMahon will start the week in Washington, D.C., where she will recognize and award outstanding small business owners from around the country. She will…
FDIC: Tool to Prevent Elder Financial Exploitation Enhanced
The Federal Deposit Insurance Corporation (FDIC) today announced enhancements to its Money Smart for Older Adults curriculum that provide new information and resources to help older adults and their caregivers avoid financial exploitation through fraud and scams. Money Smart for Older Adults identifies common types of elder financial exploitation, such as imposter scams and identity theft, and is…
SBA: Emerging Leaders Initiative Helping Small Business to Thrive Expanded
WASHINGTON – The U.S. Small Business Administration today announced the launch of the 2017 Emerging Leaders Initiative, a seven-month executive-level training series targeting small businesses with high-growth potential in underserved cities across the nation. This year, three new cities have been added, bringing the number of participating communities to 55. Local recruitment for the 2017 training…
CPFB: Extension Proposed to Prepaid Account Rule’s Effective Date
Today, we released a proposal to delay the effective date of our rule governing prepaid accounts by six months. The CFPB’s prepaid accounts rule will provide strong consumer protections and we want the rule to become effective as soon as possible. However, through our efforts to support industry implementation, we have learned that some industry participants believe they will…
ABA: Testimony on Small Business Administration Loan Program
WASHINGTON — The Small Business Administration 7(a) Loan program is a success that has encouraged economic growth and should be vigorously supported in the future, according to testimony from the American Bankers Association before the House Small Business Subcommittee on Investigations, Oversight and Regulations today. Ted Ashby, president and CEO of Surrey Bank & Trust in Mt….