Federal Reserve: Fed Listens Initiative to Continue in 2021 Focused on the Economic Recovery from the COVID-19 Pandemic
The Federal Reserve on Wednesday announced that it would continue its Fed Listens initiative in 2021 to learn from a broad range of individuals, households, and communities about the economic recovery from the COVID-19 pandemic. “During the Federal Reserve’s 2019 monetary policy framework review, the Fed Listens series of events provided valuable feedback from a broad range of groups…
SBA: Council on Underserved Communities Reconvened
Administrator Guzman restores Council to address the immediate needs and concerns of underserved and underrepresented communities hit hard by COVID-19 The U.S. Small Business Administration announced today that it is reconvening the Council on Underserved Communities (CUC) under the authority of the Federal Advisory Committee Act (FACA). In conjunction with the Biden-Harris Administration’s agenda, the restoration of…
Census Bureau: Small Business Pulse Survey Phase 5 Weekly Data Released
The U.S. Census Bureau today released new data from the fifth phase of the Small Business Pulse Survey (SBPS). Data collection began May 17. Results will be released weekly May 27 to July 22. The SBPS includes questions on small business operations and finances, requests and receipt of assistance, COVID-19 vaccinations and testing, measures of overall well-being, and…
EDA: $6.8 Million in CARES Act Recovery Assistance Invested to Support Business Expansion and Development in St. George, SC
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $6.8 million CARES Act Recovery Assistance grant to Dorchester County, South Carolina, to make roadway improvements at the Ridgeville Industrial Campus needed to support business attraction and expansion efforts and bolster the region’s ability to withstand…
EDA: $5.5 Million in CARES Act Recovery Assistance Invested to Build Critical Infrastructure and Boost Rural Workforce and Entrepreneurial Training Efforts in Texas
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $5.5 million in CARES Act Recovery Assistance grants to help the state of Texas prevent, prepare for, and respond to coronavirus. “President Biden is committed to supporting communities as they not only recover from the pandemic but…
EDA: $2.8 Million in CARES Act Recovery Assistance Invested to Create LNG Center of Excellence in Lake Charles, LA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.8 million CARES Act Recovery Assistance grant to McNeese State University Foundation, Lake Charles, Louisiana, to construct a Center of Excellence to serve as a hub of resiliency for the Liquified Natural Gas (LNG) industry and…
Census Bureau: Household Pulse Survey Phase 3.1 Biweekly Data Released
The U.S. Census Bureau today released new data from phase 3.1 of the experimental Household Pulse Survey. Phase 3.1 includes substantial revisions to the questionnaire. Additional questions address the following new topics: disability, child health access, telehealth and child care. Also included are demographic questions to identify service members and military spouses, and questions to classify respondents employed…
FHFA: 2020 Report to Congress Issued
Highlights FHFA’s actions taken during the pandemic to keep families in their homes The Federal Housing Finance Agency (FHFA) today released its annual Report to Congress (the Report), covering calendar year 2020. The report highlights FHFA’s historic policy response that helped borrowers and renters stay safe in their homes while also ensuring mortgage markets continued to function….
CDFI Fund: U.S. Treasury Awarded $1.25 Billion to Support Economic Relief in Communities Affected by COVID-19
Announcement made by Vice President Harris alongside Treasury Secretary Janet Yellen, U.S. Senator Mark Warner, and U.S. Representative Maxine Waters The U.S. Department of the Treasury today awarded $1.25 billion in COVID-19 relief funds to 863 community development financial institutions (CDFIs). The awards were announced today by Vice President Kamala Harris at the White House…
Census Bureau: Small Business Pulse Survey Phase 5 Weekly Data Released
The U.S. Census Bureau today released new data from the fifth phase of the Small Business Pulse Survey (SBPS). Data collection began May 17. Results will be released weekly May 27 to July 22. The SBPS includes questions on small business operations and finances, requests and receipt of assistance, COVID-19 vaccinations and testing, measures of overall well-being, and…