EDA: $600,000 Invested to Help Small Businesses in the Houston-Galveston Area in Wake of Hurricane Harvey
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,000 grant to Hidden Star Resources to help fuel new development and provide support to existing small businesses recovering from the effects of Hurricane Harvey. “We commend Hidden Star Resources for their efforts to provide support to small businesses after the destruction…
FEMA: Finding Assistance after Hurricane Florence
If you are a North Carolina homeowner or renter whose home is damaged, unsafe, or inaccessible because of Hurricane Florence, resources are available to help get you on the road to recovery. Do you have insurance? If you have a homeowner’s or flood insurance policy, file your insurance claim immediately before applying for disaster assistance….
CDFI Fund: Treasury Guarantees $150 Million in CDFI Bond Funding
Since Inception, Over $1.5 Billion Guaranteed for Projects in Low-Income Communities U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today the issuance of a $150 million guarantee under the Community Development Financial Institutions (CDFI) Bond Guarantee Program. The guarantee was issued to the Community Reinvestment Fund, USA (CRF) on behalf…
FEMA: President Trump Approves Major Disaster Declaration for South Carolina
The Federal Emergency Management Agency announced that federal disaster assistance has been made available to the state of South Carolina to supplement state, tribal and local recovery efforts in the areas affected by Hurricane Florence from September 8, 2018, and continuing. Federal funding is available to the state, tribal and eligible local governments and certain…
FEMA: Ten Additional North Carolina Counties Designated for Individual Assistance from Hurricane Florence
Homeowners, renters and business owners in Bladen, Columbus, Cumberland, Duplin, Harnett, Lenoir, Jones, Robeson, Sampson and Wayne counties may now apply for federal disaster assistance for uninsured and underinsured damages and losses resulting from Hurricane Florence. Beaufort, Brunswick, Carteret, Craven, New Hanover, Onslow, Pamlico and Pender counties were designated for Individual Assistance on Sept. 14,…
FEMA: How You Can Help Disaster Survivors
In the wake of a disaster, Americans have always come together with compassion and courage to ask how they can help survivors of Hurricane Florence. There are many ways that you can help survivors and ensure that an individual contribution – whether financial donation or personal time – is carried out responsibly. The fastest way to…
FEMA: President Trump Approves Major Disaster Declaration for North Carolina
The Federal Emergency Management Agency announced that federal disaster assistance has been made available to the state of North Carolina to supplement state, tribal and local recovery efforts in the areas affected by Hurricane Florence beginning on September 7, 2018, and continuing. The President’s action makes federal funding available to affected individuals in Beaufort, Brunswick,…
SBA: Disaster Assistance Available for Residents of North Carolina Affected by Hurricane Florence
SBA Administrator Linda McMahon issued the following statement after the announcement of the Presidential disaster declaration for several counties in North Carolina affected by Hurricane Florence beginning Sept. 7, 2018 and continuing: “The U.S. Small Business Administration is strongly committed to providing North Carolina residents with the most effective response possible to assist businesses, homeowners…
SBA: Business Recovery Center Opened in Greenville, North Carolina
The U.S. Small Business Administration (SBA) announced the opening of a Business Recovery Center (BRC) in Greenville, North Carolina on Sept. 18, to help businesses impacted by Hurricane Florence. SBA representatives at the Center can provide information about disaster loans, answer questions and assist businesses in completing the SBA application. The Center is located as…
FDIC: Results of Summary of Deposits as of June 30, 2018 Survey Released
The Federal Deposit Insurance Corporation (FDIC) today released the results of its annual survey of branch office deposits for all FDIC-insured institutions. The latest data are as of June 30, 2018. The FDIC’s Summary of Deposits (SOD) provides deposit totals for each of the more than 88,000 domestic offices operated by more than 5,500 FDIC-insured…