SBA: Public-Private Mobilization Effort to Distribution $349 Billion in Emergency Small Business Capital Begins
Following President Trump’s signing of the historic Coronavirus Aid, Relief, and Economic Security (CARES) Act, SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin today announced that the SBA and Treasury Department have initiated a robust mobilization effort of banks and other lending institutions to provide small businesses with the capital they need. The CARES Act establishes a…
HUD: $10 Million Awarded for the Development for 538 Affordable Homes
SHOP grant funding empowers non-profit partners to help 538 families and individuals become homeowners In an effort to help more working families become homeowners, the U.S. Department of Housing and Urban Development (HUD) today awarded $10 million in grants to four non-profit housing organizations, which will create at least 538 affordable homes for low-income families…