EDA: $2 Million Invested to Build a Technical Education Center in Cullman, AL
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Wallace State Community College (WSCC) of Cullman, Alabama, to build a technical education center that will help workers gain new, in-demand skills. According to grantee estimates, the project is expected to create 68…
CFPB: Opportunity for Organizations that Serve Economically Vulnerable Populations to Receive Support
For the past four years, the Bureau’s Office of Community Affairs (formerly the Office of Financial Empowerment) has supported organizations committed to helping people manage their money and work toward their goals using a suite of financial empowerment tools called Your Money, Your Goals. If your organization serves economically vulnerable populations and you are interested…
EDA: $2 Million Invested to Build Workforce Training Facility in Sylva, NC
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Jackson County, North Carolina, to help build a new workforce training facility. According to grantee estimates, the project is expected to create 236 jobs, retain 127 jobs, and generate $1.25 million in private…
EDA: $1.97 Million Invested to Build an Automative Training Facility in Georgetown, DE
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.97 million grant to the Delaware Technical and Community College of Dover, Delaware, to build a new automotive training center. According to grantee estimates, the project is expected to create 43 jobs, retain 44 jobs, and generate…
Ever Wondered “What is Low- and Moderate-Income or LMI”? Here’s Your Answer.
“What is low- and moderate-income or LMI?” is one of the most common questions we hear at findCRA. Most people may have a general understanding of what it means to be low-income, but under the federal Community Reinvestment Act, defining low- and moderate-income can seem overly technical and confusing. More importantly, knowing who and what…
HUD: Secretary Carson Kicks Off Envision Center Demonstration in Detroit
Centralized hubs to help HUD-assisted households become self-sufficient U.S. Housing and Urban Development (HUD) Secretary Ben Carson traveled to his hometown of Detroit today to announce the first round of ‘EnVision Center’ designations in 17 communities around the nation. One of Secretary Carson’s signature initiatives, EnVision Centers will offer HUD-assisted families access to support services…
FDIC: Newly Formed Money Smart Advance Team Will Get Early Access to & Training on Updated Money Smart for Adults
FIL-32-2018 Summary: The FDIC has formed the new Money Smart Advance Team (MSAT). Banks that engage in financial education activities, or plan to do so, and who join the MSAT will get an early look at the updated instructor-led Money Smart for Adults curriculum, scheduled for release in September, and other benefits. Statement of Applicability…
CDFI Fund: Save the Date for Upcoming FY 2018 Capital Magnet Fund Information Sessions
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) is tentatively planning to publish the Notice of Funds Availability (NOFA) and application for the FY 2018 Capital Magnet Fund round in the Summer of 2018. Approximately $140 million is expected to be available for awards through the FY 2018 round. The…
ABA: Bankers Celebrate 21st Annual Teach Children to Save on April 20th
Estimated 444,000 students will be reached in 2018 through Teach Children to Save More than 12,500 bankers will host financial education events across the country this week in celebration of Teach Children to Save Day on April 20. Since 1997, Teach Children to Save and the ABA Foundation’s financial education initiatives have reached approximately 10.3…
SBA: National Small Business Week 2018 to Feature First-Ever Virtual Conference
Conference will feature webinars, mentoring sessions and business resources As part of National Small Business Week, April 29 – May 5, the U.S. Small Business Administration and SCORE, mentors to America’s small businesses, will host the first- ever National Small Business Week Virtual Conference. The conference will include educational webinars, mentoring sessions and business resources. National Small…