HUD: Disaster Recovery Process Streamlined with Universal Notice
Action will ensure efficient and effective delivery of critical funding for communities impacted by natural disasters U.S. Housing and Urban Development (HUD) Secretary Scott Turner announced HUD is streamlining and simplifying its disaster recovery processes to deliver disaster assistance more quickly to Americans recovering from catastrophic events. HUD published an updated Community Development Block Grant…
SBA: Dates Set for Free National Small Business Week Virtual Summit
Summit will feature educational workshops, networking opportunities and information about federal resources Today, the U.S. Small Business Administration and SCORE(Link is external), mentors to America’s small businesses and an SBA resource partner, set the dates for the 2025 National Small Business Week virtual summit. The free two-day online event will take place May 6 and 7 from 10 a.m. to…
CDFI Fund: Reminders for March Annual Compliance, Certification and Reporting Obligations
Are you the Authorized Representative of either a Certified Community Development Financial Institution (CDFI) or an organization that has received a Community Development Financial Institutions Fund (CDFI Fund) Award, Assistance and/or Allocation? If so, to ensure compliance with your Award, Assistance and/or Allocation Agreement(s), you must complete and submit the annual report(s) specified in these…
SBA: 2025 National Small Business Week Program and Speciality Award Winners Announced
Administrator Loeffler to honor awardees at National Small Business Week ceremony in Washington, D.C. on May 5 Today, the U.S. Small Business Administration announced the national program and specialty award winners for SBA’s 2025 National Small Business Week, which will take place May 4-10, 2025. These awards recognize businesses and resource partners for their efforts in government contracting…
Federal Reserve: Statement by Governor Bowman on Accepting Nomination as Vice Chair for Supervision
Statement by Governor Michelle W. Bowman: I would like to express my thanks to President Trump for nominating me as the Vice Chair for Supervision. I am grateful for the continued faith and confidence he has placed in me to fulfill this vital role. If confirmed, I will promote a safe and sound banking system…
OCC: Fintech Business Model for a National Bank Conditionally Approved
The Office of the Comptroller of the Currency (OCC) today announced conditional approval of the application for financial technology (fintech) company SmartBiz Loans to change the business model of CenTrust Bank, N.A., Northbrook, Illinois, upon its acquisition of CenTrust Bank, N.A. Upon acquisition, CenTrust Bank, N.A. was renamed SmartBiz Bank, N.A. CenTrust further applied to…
HUD: Secretary Turner and DOI Secretary Burgum Announce Joint Task Force to Use Federal Lands for Affordable Housing
U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner and U.S. Department of the Interior (DOI) Secretary Doug Burgum announced a Joint Task Force on Federal Land for Housing to identify underutilized federal lands suitable for residential development, streamline land transfer processes and promote policies that increase the availability of affordable housing. Read more in the…
Census Bureau: Data Collection Begins for 2024 Annual Integrated Economic Survey for Businesses
The U.S. Census Bureau today began collecting data for the 2024 Annual Integrated Economic Survey (AIES). One of the Census Bureau’s newest surveys, the AIES is designed to integrate and replace seven existing business surveys into a streamlined single survey. The AIES provides key measures of economic activity, including the only comprehensive national and subnational data…
SBA: 2025 National Small Business Week Will Take Place May 4-10
State and territory Small Business Persons of the Year will compete for national award to be presented in Washington, D.C. Today, the U.S. Small Business Administration announced its list of state and territory Small Business Persons of the Year ahead of this year’s National Small Business Week, which will take place May 4-10, 2025. SBA Administrator Kelly Loeffler will kick…
FHFA: William J. Pulte Sworn In as 5th Director of U.S. Federal Housing Finance Agency
In an Agency ceremony, William J. Pulte was sworn in today to a five-year term as Director of the United States Federal Housing Finance Agency (U.S. Federal Housing). Mr. Pulte was appointed to head the Agency by President Donald J. Trump. “I am honored by President Trump’s trust as we usher in a Golden Age…