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…
HUD and Census Bureau: New Residential Sales Report for January 2018
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for January 2018: New Home Sales Sales of new single-family houses in January 2018 were at a seasonally adjusted annual rate of 593,000. This is 7.8 percent (±19.0 percent)* below the revised December…
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…
SBA: Over $1 Billion in Disaster Loans Approved in Puerto Rico
The U.S. Small Business Administration announced that more than $1 billion in low-interest disaster loans has been approved for 28,106 Puerto Rico residents and businesses recovering in the aftermath of Hurricanes Irma and María which struck in September 2017. “Recovery for Puerto Rico has a long way to go. The SBA is still on the…
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…
HUD: $35 Million Awarded to Promote Jobs, Self-Sufficiency for Public Housing Residents
In an effort to help low-income residents become self-sufficient, the U.S. Department of Housing and Urban Development (HUD) today awarded $34.9 million to public housing authorities, public housing resident associations, Native American tribes, and non-profit organizations across the nation to hire or retain service coordinators to help them find jobs, educational opportunities, and achieve economic…
CDFI Fund: $3.5 Billion in New Market Tax Credits Awarded to Spur Economic Growth Nationwide
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 73 Community Development Entities (CDEs) $3.5 billion in New Markets Tax Credits today. The tax credit allocation awards, made through the calendar year (CY) 2017 round of the New Markets Tax Credit Program (NMTC Program), will help stimulate investment and economic…
SBA: Emerging Leaders Initiative to Help Growing Entrepreneurs Opens for Recruitment
The U.S. Small Business Administration announced the launch of the 2018 Emerging Leaders initiative for executives of small businesses poised for growth in emerging markets. Local area recruitment for the 2018 training cycle is currently ongoing at designated SBA District Offices. Classes are scheduled to begin this spring with specific dates differing by location. Interested…
HUD: $243 Million in Grants Awarded to Help U.S. Virgin Islands Recover from Hurricanes
The U.S. Department of Housing and Urban Development (HUD) today awarded $242.7 million to help the U.S. Virgin Islands to recover from Hurricanes Irma and Maria. HUD’s Deputy Secretary Pamela Hughes Patenaude announced the disaster recovery grants with Governor Kenneth E. Mapp during a tour of damaged homes in St. Thomas. These recovery funds awarded…
SBA: Proposed Rule Issued to Move Veteran-Owned Small Business Verification Program to SBA
Department of Veterans Affairs issues proposed rule to move to the Small Business Administration regulations relating to business ownership and control for the purposes of its Veteran-Owned Small Business Verification Program and to clarify other terms and references used in this program. The Department of Veterans Affairs (VA) is proposing to amend its regulations governing…