Industry News

SBA: National Small Business Week to Kick Off with Hackathon in Partnership with Visa

Participants to create disaster recovery solutions & compete for $60k prize pool The U.S. Small Business Administration and Visa will host a National Small Business Week Hackathon at the Inclusive Innovation Incubator in Washington, D.C. May 3-5. App developers, business owners and idea generators will face the challenge of mashing up application programming interfaces (APIs)…

HUD: University of Maryland Wins HUD 2019 Innovation in Affordable Housing Student Design and Planning Competition

The U.S. Department of Housing and Urban Development (HUD) announced a graduate student team from University of Maryland as the winners of HUD’s sixth annual Innovation in Affordable Housing Student Design and Planning Competition. The University of Maryland team was one of four finalists to design a new mixed-use development for low- and moderate-income residents situated…

CFPB: Symposia Series Announced to Explore Consumer Protections

Consumer Financial Protection Bureau Director Kathleen L. Kraninger announced a symposia series exploring consumer protections in today’s dynamic financial services marketplace. The series is aimed at stimulating a proactive and transparent dialogue to assist the Bureau in its policy development process, including possible future rulemakings. During each symposium, the Bureau will host a discussion panel…

HUD: White House and HUD Publish Opportunity Zone Implementation Plan

The White House Opportunity and Revitalization Council (“Council”) today published its Implementation Plan, outlining to President Donald J. Trump a detailed work plan for how the Council—chaired by U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson—will accomplish the goals specified in Executive Order 13583 of December 12, 2018. The Implementation Plan explains…

HUD: Additional $15 Million Awarded to Fight Housing Discrimination

Grants to support and promote fair housing nationwide To help end housing discrimination, the U.S. Department of Housing and Urban Development (HUD) today awarded an additional $15 million to support dozens of fair housing organizations working to confront violations of the nation’s landmark Fair Housing Act (see grant chart below). HUD’s grants are provided through…

EDA: $2.2 Million Invested to Make Critical Infrastructure Upgrades in South Sioux City, NE

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.2 million grant to the city of South Sioux City, Nebraska, to construct a 2.5 million-gallon water storage tank to be used by the expanding Roth Industrial Park. According to grantee estimates, the project is expected to…

EDA: $712,000 Invested to Make Critical Infrastructure Improvements Needed to Serve Business Community in Monticello, KY

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $712,000 grant to the city of Monticello, Kentucky, to construct sewer infrastructure needed to serve existing businesses and attract new businesses to the region. According to grantee estimates, the project is expected to retain 505 jobs and generate $9.5 million in private…

SBA: Agency Resource Partners Honored at National Small Business Week

Today, the U.S. Small Business Administration announced the following 2019 National Small Business Week resource partners as national winners for their impact on local economic development and support of small business creation and growth in the U.S.: Montana Women’s Business Center Ohio Small Business Development Center at Youngstown State University Veterans Business Outreach Center at Gulf Coast…

EDA: $2.4 Million Invested to Provide Critical Infrastructure Needed to Support Business Needs in Tallassee, AL

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the city of Tallassee, Alabama, to make critical infrastructure upgrades and improvements needed to support the competitiveness of local business community. According to grantee estimates, the project is expected to create 10 jobs,…

EDA: $500,000 Invested to Support Workforce Training Efforts in Mobile, AL

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to Alabama Aviation Education Center, Inc., of Mobile, Alabama, which is located in a Tax Cuts and Jobs Act designated Opportunity Zone, to support development of the new Flight Works Alabama Aviation Education Center. “President Trump is committed to helping…