SBA: National Small Business Week Begins April 29th
Today, the head of the U.S. Small Business Administration, Administrator Linda McMahon announced that this year’s National Small Business Week will be held from April 29 – May 5, 2018. McMahon will start the week in Washington, D.C., where she will recognize and award outstanding small business owners and Resource Partners from around the country….
CDFI Fund: Application Demand for FY 2017 Round of BEA Program Released
REPRESENTS OVER $500 MILLION IN INCREASED LENDING IN DISTRESSED COMMUNITIES The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today the application data for the fiscal year (FY) 2017 round of its Bank Enterprise Award Program (BEA Program). A total of 119 applications were received requesting awards of more than…
ABA: Virginia Teen Named Grand Prize Winner of National Video Contest
‘Lights, Camera, Save!’ inspires kids and teens to save during America Saves Week WASHINGTON—In recognition of America Saves Week, the American Bankers Association Foundation announced today the three national winners for its 2017-2018 Lights, Camera, Save! video contest. The winning videos were revealed through a live broadcast on the association’s YouTube channel. The judging panel,…
HUD: Choice Neighborhoods Planning Grants Awarded
The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $5 million to six communities to help create plans to redevelop severely distressed HUD assisted housing and revitalize neighborhoods. Funded through HUD’s Choice Neighborhoods Initiative, these grants will help local leaders to craft comprehensive, homegrown plans to revitalize and transform these neighborhoods. HUD’s…
OCC: Publication Focuses on Single-Family Rehabilitation Financing Programs
The Office of the Comptroller of the Currency (OCC) published the latest edition of its Community Developments Investments newsletter titled “Expanding Housing Opportunities: Single-Family Rehabilitation Financing Programs.” This edition of Community Developments Investments discusses how national banks and federal savings associations can help revitalize communities by establishing housing rehabilitation loan programs. The publication describes how…
SBA: CEOs Ready to Get on the Fast Track to Grow in 2018; Apply by March 2nd
SBA Recruits for Emerging Leaders Initiative The U.S. Small Business Administration has launched recruitment for the 2018 Emerging Leaders Initiative, a seven-month executive-level training series targeting small businesses with high-growth potential and the entrepreneurial drive to follow through with their new skills and planning tools. For the seventh consecutive year, the Hawaii District Office will…
CDFI Fund: Important Reminders for FY 2018 CDFI Program and NACA Program Round Applicants
As a reminder for fiscal year (FY) 2018 Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) applicants, the deadline for online submission of the SF-424 through Grants.gov for this year’s CDFI Program and NACA Program funding rounds is Friday, March 2, 2018 at 11:59 PM ET. The deadline…
FDIC: Encouraging Consumers of All Ages to Set and Achieve Savings Goals
The Federal Deposit Insurance Corporation (FDIC) today is encouraging people to use America Saves Week as an opportunity to develop, or review their progress toward, financial goals. FDIC Chairman Martin J. Gruenberg said, “During America Saves Week, financial institutions and their community partners collaborate to help people of all ages develop and achieve savings goals….
FDIC: Saul Schwartz Appointed as New Head of Office of Minority and Women Inclusion
The Federal Deposit Insurance Corporation (FDIC) Friday announced that the Board of Directors has approved the appointment of Saul Schwartz as director of the FDIC’s Office of Minority and Women Inclusion (OMWI). Schwartz has served as acting OMWI director since February 2017. He joined the FDIC in 1989, and previously worked in the legal division…
SBA: Administrator Appoints New Regional Regulatory Fairness Board Members
Three small business owners from Louisiana, Maine and Alaska respectively have been appointed to serve on the U.S. Small Business Administration’s Regional Regulatory Fairness Boards by SBA Administrator Linda McMahon. Regional Regulatory Fairness Boards in all 10 of SBA’s regions represent the voice of small businesses on regulatory fairness. Each board is comprised of five…