CRA Newswire

SBA: Administrator Linda McMahon To Tour Stanley Marketplace To Highlight Role Of Small Businesses In Economic Growth

WHAT:      Linda McMahon, head of the U.S. Small Business Administration and voice of small business on President Trump’s Cabinet, will tour and meet business owners at the Stanley Marketplace, 2501 Dallas Street, Aurora, CO  80010 on Thursday, Sept. 28 from 2-3 p.m. This trip sparks her nationwide SBA Ignite Tour focused on listening to…

CDFI Fund: Summary Report and Public Data for NMTC Program for Years 2003-2015 Released

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today released a Summary Report and data collected on New Markets Tax Credit (NMTC) investments across the nation through fiscal year (FY) 2015. The CDFI Fund requires all Community Development Entities (CDEs) that have been awarded NMTC allocations to submit an annual…

HUD: Disaster Assistance for Puerto Rico Storm Victims Announced

Today, President Trump issued a major disaster declaration for Aguas Buenas, Aibonito, Arecibo, Arroyo, Barceloneta, Barranquitas, Bayamón, Caguas, Canóvanas, Carolina, Cataño, Cayey, Ceiba, Ciales, Cidra, Coamo, Comerio, Corozal, Culebra, Dorado, Fajardo, Florida, Guayama, Guaynabo, Gurabo, Humacao, Jayuya, Juana Díaz, Juncos, Las Piedras, Loíza, Luquillo, Manati, Maunabo, Morovis, Naguabo, Naranjito, Orocovis, Patillas, Ponce, Rio Grande, Salinas,…

HUD: Disaster Assistance for U.S. Virgin Islands Storm Victims Announced

U.S. Housing and Urban Development today announced HUD will speed federal disaster assistance to the U.S. Virgin Islands and provide support to homeowners and low-income renters forced from their homes due to Hurricane Maria. Today, President Trump issued a major disaster declaration for St. Croix Island. The President’s declaration allows HUD to offer foreclosure relief…

HUD: East St. Louis Housing Authority Returns to Local Control

Agreement Marks the End of First and Longest Federal Receivership of a Local Housing Agency U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced that HUD is returning the East St. Louis Housing Authority (ESLHA) to local control after more than 30 years of federal receivership. Secretary Carson traveled to East St. Louis…

FHFA: House Price Index Up 0.2 Percent in July 2017

U.S. house prices rose in July, up 0.2 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI).  The previously reported 0.1 percent increase in June remained the same. The FHFA monthly HPI is calculated using home sales price information from mortgages sold to, or…

ABA: Survey Shows Online, Mobile Are Most Popular Banking Channels

Results show different generations have different banking tendencies Forty percent of Americans manage their bank accounts online more frequently than any other method, according to a recent survey conducted by Morning Consult on behalf of the American Bankers Association.  One in 4 consumers (26 percent) use their mobile devices most often to conduct their banking…

Census Bureau: Startup Firms Created Over 2 Million Jobs in 2015

In 2015, the nation’s 414,000 startup firms created 2.5 million new jobs according to data from the Census Bureau’s Business Dynamics Statistics. In contrast, this level of startup activity is well below the pre-Great Recession average of 524,000 startup firms and 3.3 million new jobs per year for the period 2002-2006. Other highlights include: Job…