CDFI Fund: Update to NMTC Certification, Compliance Monitoring and Evaluation FAQs
The Community Development Financial Institutions Fund (CDFI Fund) has provided an updated Frequently Asked Questions (FAQ) document for New Markets Tax Credit Program (NMTC Program) compliance on its website. This document supersedes the May 2017 publication of the FAQ document by adding, revising, or updating select questions from the earlier edition. Updates include: Information on how allocation…
EDA: $4.3 Million Invested to Protect Businesses from Flooding in Arcadia, WI
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.3 million grant to the city of Arcadia, Wisconsin, to prevent flooding in commercial areas by improving storm water management infrastructure. According to grantee estimates, the project is expected to retain 105 jobs and generate $4 million…
EDA: $1.1 Million Invested to Support Disaster Recovery Efforts in Houston, TX
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 TruFund Financial Services, Inc. to develop a technical assistance program that will support entrepreneurial business development opportunities for small and minority-women owned business operating in Hurricane Harvey-impacted Houston, Texas, region. “President Trump champions…
EDA: $3.7 Million Invested for Disaster Recovery and Resiliency Infrastructure Upgrades in South Carolina
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $3.7 million in grants to the state of South Carolina to make critical infrastructure upgrades needed to help the state respond to recent natural disasters. “The Trump Administration has repeatedly emphasized the need to upgrade America’s infrastructure,” said…
EDA: $2 Million Invested to Support Manufacturing Industry in Wichita, KA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Wichita State University (WSU) of Wichita, Kansas, to purchase equipment needed to support regional manufacturing growth and training. According to grantee estimates, the project is expected to create 150 jobs. “The Trump Administration…
Census Bureau: Women’s Earnings by Occupation from the 2017 American Community Survey
In honor of Women’s History Month, the U.S. Census Bureau released today a graphic showing median earnings by detailed occupation from the 2017 American Community Survey. The occupation table shows the female earnings for full-time, year-round workers in 2017 and figures on the number of women in select occupations. The Census Bureau collects data on industry, occupation and…
SBA: Nation’s Top Small Businesses Honored by SBA Administrator
Winners to be formally recognized in Washington, D.C. on May 5-6 WToday, Administrator Linda McMahon, the head of the U.S. Small Business Administration, announced the 2019 Small Business Persons of the Year winners from the 50 states, the District of Columbia, Puerto Rico, and Guam. Each of the winners have been invited to attend ceremonies in Washington,…
EDA: $7.25 Million Invested in Texas to Support Disaster Recovery and Entrepreneurial Growth Efforts
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $7.25 million in grants to the state of Texas to help the communities of Rockport and Lubbock respond to 2017 disasters and to support entrepreneurial growth efforts in Amarillo. “President Trump has committed to supporting Texas and helping…
EDA: $1 Million Invested to Expand Broadband Service in South Bend, IN
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to St. Joseph County, Indiana, to expand high-speed broadband infrastructure at the Indiana Enterprise Center (IEC). According to grantee estimates, the project is expected to create 230 jobs and spur $710 million in private…
HUD: Second Invitation Issued for Public Housing Agencies to Join “Moving to Work” Demonstration Program
MTW allows greater flexibility to improve housing choice and self-sufficiency The U.S. Department of Housing and Urban Development (HUD) is inviting a second round of public housing agencies to join the Department’s expanding Moving to Work (MTW) demonstration program. Today’s invitation follows a similar notice last October seeking the first cohort under the MTW expansion. MTW allows…