Industry News

CDFI Fund: Request for Public Comment Regarding CDFI Certification Application

The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the…

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: $1.5 Million Invested to Create and Retain More than 1,500 Jobs and Spur $57 Million in Private Investment in Baldwyn, MS

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Baldwyn, Mississippi, to support the local business community by upgrading the critical natural gas transmission system of the city. According to grantee estimates, the project is expected to create 425…

HUD: $99 Million Awarded to Provide Affordable Housing to People with Disabilities

NEW vouchers to provide permanent housing to additional 12,000 low-income disabled residents WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today awarded $98.5 million to 285 local public housing authorities across the country to provide permanent affordable housing to nearly 12,000 additional non-elderly persons with disabilities. See the local impact of the…

SBA: Decrease in Surety Bond Guarantee Fees Announced

The U.S. Small Business Administration announces the first fee decrease in Surety Bond Guarantees in 12 years. The fee decrease will be in effect for guaranteed bonds approved during fiscal year 2019, taking effect October 1, 2018 and ending September 30, 2019. The Surety Bond Guarantee (SBG) program is reducing the Surety fee from 26…

FDIC: Senior Personnel Changes Announced

Names Chief Operating Officer and Deputy to the Chairman for Policy Federal Deposit Insurance Corporation (FDIC) Chairman Jelena McWilliams today announced the appointment of two long-term FDIC veterans to serve in key leadership positions. Arleas Upton Kea will serve as the Deputy to the Chairman and Chief Operating Officer (COO), and Arthur J. Murton will…

HUD: $23 Million Awarded to Renew Support to 22 Local HIV-AIDS Housing Programs

Funding offers stable housing for individuals and families at risk of homelessness WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced $23 million to assist more than 1,700 low-income persons living with HIV/AIDS and their families annually over a three-year period. The funding announced today is offered through HUD’s Housing Opportunities for…

SBA: Grants Awarded to 24 State and Local Economic Development Entities, SBTDCs and Universities

The U.S. Small Business Administration (SBA) has granted 24 awards for $125,000 in FY 2018 under the Federal and State Technology (FAST) Partnership Program. Recipients include state and local economic development entities, Small Business Technology Development Centers, Women’s Business Centers, incubators, accelerators, colleges, and universities that provide support to small businesses developing and commercializing high…

SBA: Veterans Small Business Advisory Committees to Host Public Meetings on September 5th and 6th

The U.S. Small Business Administration’s Interagency Task Force on Veterans Small Business Development (IATF) and Advisory Committee on Veterans Business Affairs (ACVBA) will hold quarterly public meetings on September 5 and 6 respectively at SBA headquarters in Washington, D.C. The IATF meeting will be held Wednesday, September 5, from 1 to 4 p.m.  The ACVBA…

EDA: $3 Million Invested to Build Unmanned Aerial Systems Training and Innovation Facility in New Jersey

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the County of Cape May to help build a 20,000 square foot multi-tenant building that will fulfill the needs of companies in the Unmanned Aerial Systems (UAS) industry. The facility will be located…