FHFA: Public Input Period Extended for Proposed Duty to Serve Evaluation Guidance
Washington, D.C. – The Federal Housing Finance Agency announced today that it is extending the public input period on its proposed Evaluation Guidance for the Duty to Serve program. The input period is now extended from May 15 to June 7, 2017. The proposed Evaluation Guidance, released January 18, communicates FHFA’s expectations regarding the process for developing…
FHFA: Public Input Requested on Fannie Mae and Freddie Mac’s Proposed Underserved Markets Plans for Duty to Serve Program
Washington, D.C. – The Federal Housing Finance Agency (FHFA) has announced that it is requesting public input on Fannie Mae and Freddie Mac’s (the Enterprises) proposed Underserved Markets Plans under the Duty to Serve program. Those plans were released today. FHFA issued a final rule on Dec. 13, 2016 to implement the Duty to Serve provisions…
SBA: Competition for Organizations Providing Federal Procurement Training to Veteran Entrepreneurs Announced
WASHINGTON – The U.S. Small Business Administration today announced the Veteran Federal Procurement Entrepreneurship Training Program (VFPETP-2017-01) funding opportunity competition. The funding will be given to a U.S.-based organization to expand an existing program providing federal procurement entrepreneurship training to veteran-owned small businesses and service-disabled veteran-owned small businesses, while building the capacity of VOSBs and SDVOSBs…
OCC: Thomas J. Curry to Step Down May 5, Keith A. Noreika to Serve as Acting Comptroller of the Currency
WASHINGTON — Comptroller of the Currency Thomas J. Curry will step down on May 5, 2017, and Keith A. Noreika will serve as Acting Comptroller of the Currency. “Serving as Comptroller of the Currency has been the highlight of my career,” said Comptroller Curry. “The Comptroller is a special job and I am proud to…
OCC: New Deputy Comptrollers in Midsize and Community Bank Supervision Announced
WASHINGTON — The Office of the Comptroller of the Currency (OCC) today announced the selection of Scott Schainost to be Deputy Comptroller for Midsize Bank Supervision and Troy Thornton to be Deputy Comptroller for the OCC’s Southern District. “Scott and Troy bring more than three decades of bank supervision experience each with them to these…
CDFI Fund: CY 2017 Round of New Markets Tax Credit Program Opens
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today the Notice of Allocation Availability (NOAA) for the calendar year (CY) 2017 round of the New Markets Tax Credit Program (NMTC Program). The NOAA makes up to $3.5 billion in tax credit allocation authority available for the CY 2017 round….
OCC: Upcoming Financial Literacy Events
Financial Literacy Seminar Series in D.C. May 2017 (Washington, D.C.) The Board of Governors of the Federal Reserve System and the Global Financial Literacy Excellence Center (GFLEC) at George Washington University sponsor this initiative bringing together academics, practitioners, policymakers, and other experts to present and discuss cutting-edge research in financial literacy. Financial Coaching Fundamentals and…
SBA: Hawaii Entrepreneurs Honored as 2017 National Small Business Persons of the Year
WASHINGTON, D.C. – As part of National Small Business Week, Linda McMahon, Administrator of the U.S. Small Business Administration, today recognized this year’s Small Business Person(s) of the Year and other national award winners at a ceremony and reception at the United States Institute of Peace in Washington, D.C. “It is my extreme pleasure to announce that…
SBA: President Trump Proclaims Small Business Week
WASHINGTON – National Small Business Week celebrations commenced in the nation’s capital at the US Institute of Peace with more than 85 national award winners from across the country and U.S. territories convening to be awarded and recognized for their major accomplishments. The two-day award ceremony will conclude with the announcement of the National Small…
FDIC: Final Handbook for De Novo Organizers Applying for Deposit Insurance Released
The Federal Deposit Insurance Corporation (FDIC) today released a final handbook to assist parties interested in establishing new banks. As part of the FDIC’s ongoing commitment to work with organizers, the handbook – Applying for Deposit Insurance – A Handbook for Organizers of De Novo Institutions – was designed to provide a plain language overview…