SBA: Small Business Loan Program Improvements Launched to Expand Access to Capital
Lending program improvements expand access to capital for small businesses and increases protection against fraud On August 1, the U.S. Small Business Administration (SBA) began implementing additional policies aimed at expanding small business access to capital by modernizing SBA’s signature 7(a) and 504 Loan Programs. Today’s loan program updates build on Administrator Isabella Casillas Guzman’s previous announcements that address…
HUD: Initial Recipients for Thriving Communities Technical Assistance Announced
The U.S. Department of Housing and Urban Development (HUD) is pleased to announce initial recipients of technical assistance offered through its Thriving Communities Technical Assistance (TCTA) program: Syracuse, NY; Rockford, IL; Redmond, WA; and Sun Prairie, WI. TCTA is designed to help local governments ensure housing needs are addressed as part of their infrastructure investment…
HUD: First-of-its-Kind Housing Counseling Advisory Committee Meeting Announced at Japanese American National Museum
Committee meeting in Los Angeles will focus on strategies for reaching Asian American, Native Hawaiian, and Pacific Islander Households The U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling is hosting its next Housing Counseling Federal Advisory Committee (HCFAC) meeting at the Japanese American National Museum in Los Angeles, CA on Thursday,…
HUD: African American CEO Roundtable Discussion Convened with Leaders from the Nation’s Leading Organizations
With a mission to close the racial wealth gap and increase access to homeownership, African American industry leaders answered Secretary Fudge’s call to action. In honor of National Homeownership Month, U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge met with prominent African American Leaders from across the country to discuss closing…
HUD: PAVE Task Force Announces New Actions to Address Appraisal Bias
Today, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE), co-chaired by U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge and White House Domestic Policy Advisor Neera Tanden, announced a set of meaningful actions to deliver on the PAVE Action Plan and ensure that every American who buys a…
HUD: Agency Commemorates National Homeownership Month with Launch of Housing Counseling Awareness Campaign
Secretary Fudge announces June 10 House Party 2.0: “Make Home the Goal” on the National Mall “Let’s Make Home the Goal” campaign highlights the benefits of housing counseling and supports efforts to close the racial homeownership gap As declared by President Biden’s Presidential Proclamation, the month of June is commemorated as National Homeownership Month. The U.S….
OCC: Acting Comptroller Discusses Financial Inclusion
Acting Comptroller of the Currency Michael J. Hsu today discussed the Office of the Comptroller of the Currency’s (OCC) commitment to a fair and inclusive financial system in remarks at the Bank On National Conference. In his remarks, the Acting Comptroller discussed progress made by the CFE Fund and Bank On partners in improving access…
FDIC: Advisory Committee on Economic Inclusion to Meet on May 24th
One New Member also Announced The Federal Deposit Insurance Corporation (FDIC) Advisory Committee on Economic Inclusion (ComE–IN) will meet on Wednesday, May 24, 2023, to discuss updates from Committee members about key challenges facing their communities or organizations. There will also be panel discussions on opportunities for entities that administer government benefit programs to harness…
EDA: $729,560 Invested to Boost Minority-Owned Business Growth in Mobile, AL
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $729,560 grant to Vivian’s Door, Mobile, Alabama, to provide technical assistance to minority-owned and distressed local businesses. This grant will support the Vivian’s Door Initiative to continue to build the capacity of small business owners, with a focus on marginalized and underserved…
FEMA: Deadline Extended for HBCU & Minority-Serving Institutions Summer Internship Program; Now Open to Tribal Colleges
FEMA is extending the application deadline for its Summer 2023 Minority Serving Institutions Internship, and will open the program to tribal colleges. The deadline to apply for this opportunity has been extended to April 28, 2023, and the applicant pool will include students from tribal colleges and universities as well as Historically Black Colleges and Universities and…