Industry News

Federal Reserve: Designation of the Chairs and Deputy Chairs of the 12 Federal Reserve Banks for 2024 Announced

The Federal Reserve Board on Friday announced the designation of the Chairs and Deputy Chairs of the 12 Federal Reserve Banks for 2024. Each Reserve Bank has a nine-member board of directors. The Board of Governors in Washington appoints three of these directors and each year designates one of its appointees as Chair and a…

Census Bureau: Census Open Innovation Labs to Host Census Open Innovation Summit 2024

The U.S. Census Bureau is virtually hosting the annual Census Open Innovation Summit, a conference showcasing technology built with open data and highlighting government innovations, cross-sector collaboration and federal-community partnership. The event is led by the Census Bureau’s Census Open Innovation Labs (COIL), which has an office at the U.S. Census Bureau, with a portfolio of award-winning projects…

CDFI Fund: Revised CDFI Certification Application Now Available in AMIS

The revised CDFI Certification Application is now available for submission in the Community Development Financial Institutions Fund’s Awards Management Information System (AMIS). However, as previously indicated earlier this month, the CDFI Fund is implementing a phased approach as outlined below for organizations seeking to become newly Certified or renew their CDFI Certification. Only non-certified organizations are currently able…

HUD: ConnectHomeUSA Initiative Expanded, Closing the Digital Gap for Families

ConnectHomeUSA seeks to support additional HUD assisted communities in getting affordable internet access The U.S. Department of Housing and Urban Development (HUD) is announcing the opening of a new round of applications for the expansion of the ConnectHomeUSA (CHUSA) initiative so that more HUD-assisted families have access to affordable internet. CHUSA is HUD’s signature digital…

HUD: In 2023, HUD Helped More Than 424,000 Households Connect to Homeless Support Servies, Exit or Avoid Homelessness

New Biden-Harris Administration programs and efforts are increasing the number of people who exit homelessness into permanent housing in the last two years From January 2023 through December 2023, the U.S. Department of Housing and Urban Development (HUD) is projected to serve 330,000 people through grants provided to homeless service organizations (Continuums of Care), an…

SBA: America’s Seed Fund Road Tours Coming to 16 States and Territories to Engage Entrepreneurs Creating Cutting-Edge Technologies

Road Tours Connect Innovators to over $4B in Federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Grant and Contract Opportunities Today, the U.S. Small Business Administration (SBA)announced it will launch a live road tour connecting entrepreneurs developing advanced technologies to America’s Seed Fund, the country’s largest source of early-stage federal funding through the Small…

HUD: Housing Community Asked to Help Expand Access to Life-Saving Opioid Overdose Reversal Medications Like Naloxone

As part of President Biden’s Unity Agenda priority to beat the overdose epidemic, federal agencies are working with housing and support services providers to improve access to life-saving measures like naloxone, destigmatize substance use disorder, and promote recovery Today, the U.S. Department of Housing and Urban Development (HUD), White House Office of National Drug Control Policy…

SBA: Third Annual Innovation Ecosystem Summit Convenes December 13-14

Virtual Event Aims to Build a Thriving National Innovation Ecosystem that Promotes Equitable Access to Capital and Resources for Innovators Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s 33 million small businesses, announced that the third annual Innovation Ecosystem Summit will be held on December 13-14. The Summit…

FDIC: Board of Directors Release Semiannual Update on Restoration Plan for Deposit Insurance Fund

The Federal Deposit Insurance Corporation (FDIC) Board of Directors today released its second semiannual update of 2023 on the Restoration Plan for the agency’s Deposit Insurance Fund (DIF). The Federal Deposit Insurance Act (FDI Act) requires that the FDIC Board adopt a restoration plan when the DIF’s reserve ratio—the ratio of the fund balance relative…

CDFI Fund: Final Revised CDFI Certification Application Released

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released a revised Community Development Financial Institution (CDFI) Certification Application today. This CDFI Certification Application, as well as the Annual Certification and Data Collection Report (ACR) and Transaction Level Report (TLR), were approved by the Office of Management and Budget (OMB) and encompass…