Census Bureau: Small Business Pulse Survey Phase 6 Weekly Data Released
The U.S. Census Bureau today released new data from the sixth phase of the Small Business Pulse Survey (SBPS). Data collection began August 16. Results will be released weekly August 26 to October 21. New content in the SBPS Phase 6 covers difficulties hiring employees, new workplace norms, changes in demand for goods or services, and price…
Census Bureau: Household Pulse Survey Phase 3.2 Biweekly Data Released
The U.S. Census Bureau today released new data from phase 3.2 of the experimental Household Pulse Survey. This phase of data collection includes new questions on the Child Tax Credit, sexual orientation and gender identity (SOGI), rent/mortgage arrears, utility arrears and restrictions, summer catch-up education activities for grades K-12 and preventative health care for children. The…
SBA: New PPP Milestone Reached with One Million Borrowers Applying for Direct Forgiveness in Less than Two Months
Administrator Guzman highlights new Direct Forgiveness Portal and other innovations as critical to accelerating reviews and approvals The U.S. Small Business Administration (SBA) reached a major milestone today as its Paycheck Protection Program (PPP) Direct Borrower Forgiveness Portal recorded its one millionth PPP loan forgiveness application for borrowers seeking forgiveness for loans of $150,000 or less. “We are committed to…
EDA: $2.8 Million in CARES Act Recovery Assistance Invested to Capitalize Revolving Loan Fund and Support Small Business in Las Vegas, NV
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.8 million CARES Act Recovery Assistance grant to the Nevada Business Opportunity Fund, Las Vegas, Nevada, to capitalize and administer a Revolving Loan Fund, providing gap financing to minority and other disadvantaged businesses in Clark County….
CFPB: Report Shows Renters at Risk as COVID-19 Safety Net Ends
Stimulus Checks and Other Payment Relief Linked to Renters’ Financial Stability The Consumer Financial Protection Bureau (CFPB) today released a report warning that millions of renters and their families may suffer previously avoided economic harms of the COVID-19 pandemic as federal and state relief programs end. The report, “Financial conditions for renters before and during…
Census Bureau: Small Business Pulse Survey Phase 6 Weekly Data Released
The U.S. Census Bureau today released new data from the sixth phase of the Small Business Pulse Survey (SBPS). Data collection began August 16. Results will be released weekly August 26 to October 21. New content in the SBPS Phase 6 covers difficulties hiring employees, new workplace norms, changes in demand for goods or services, and price…
HUD: Availabilty of More Than $180 Million in COVID-19 Supplemental Funding for Multifamily Property Owners Participating in Assisted Housing Programs Announced
New application period allows owners of multifamily housing for low-income elderly, persons with disabilities, and Section 8 contracts to apply for funds to cover costs to prevent and respond to COVID-19 The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced on Thursday that it is opening a new application period for…
EDA: $2 Million in CARES Act Recovery Assistance Invested to Support Broadband Infrastructure in Little River County, AR
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to Little River County, Arkansas, to construct fiber optic cable lines to support broadband infrastructure. This EDA grant will be matched with $500,000 in local funds. “President Biden is…
EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Support Business Park Improvements in Bowie, TX
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to the Bowie Economic Development Corporation, Bowie, Texas, to undertake infrastructure improvements and construct a spec building at the Bowie Business Park. This EDA grant, to be matched with…
FDIC: Second Annual Academic Challenge Launched Focusing on the Impacts of COVID-19 on the Banking Sector
The Federal Deposit Insurance Corporation (FDIC) today announced the launch of the agency’s Second Annual Academic Challenge, a competition among teams of university and college students to address questions concerning the U.S. banking sector. The topic for this year’s challenge is “The Impacts of COVID-19 on the Banking Sector.” FDIC Chairman Jelena McWilliams said, “The goal…