FDIC: History of the Agency’s Response to the Financial Crisis Publication Released
The Federal Deposit Insurance Corporation (FDIC) on Monday released a history of the financial crisis focusing on the agency’s response and lessons learned from its experience. Crisis and Response: An FDIC History, 2008–2013 reviews the experience of the FDIC during a period in which the agency was confronted with two interconnected and overlapping crises—first, the…
HUD: $75 Million Awarded to Help Low-Income Residents Receive Job Training and Employment
HUD Marks 25 Years of Helping Families Become Self-Sufficiency WASHINGTON – Twenty-five years ago this year, the U.S. Department of Housing and Urban Development (HUD) launched a program to help households living in assisted housing to become self-sufficient. Today, HUD marked the 25th anniversary of the Family Self-Sufficiency Program (FSS) by awarding $75 million to continue…
Federal Reserve: Speech – Workforce Development in Today’s Economy
Governor Lael Brainard At “Leading the Way: A Workforce Development Video Campaign” awards ceremony hosted by the Federal Reserve Bank of New York and Pathways in Technology Early College High Schools in the Greater Rochester Area, Rochester, N.Y. I would like to thank the staff at the Federal Reserve Bank of New York for inviting…
CFPB: Preparing America’s Young Workers for Success
The success of America’s young workers is critical to the strength of our economy. Millions of young people enter the workforce every year. Youth employment programs offered in local communities present a powerful opportunity to help young people develop healthy financial habits early and access services and products that can help them save, invest, and…
FEMA: Progress Update on Hurricanes Irma and Maria in the U.S. Virgin Islands
After Hurricane Irma devastated much of St. Thomas and St. John three months ago, St. Croix became a base of operations for first responders, who began life-saving and life-sustaining missions to support survivors. But within two weeks, fierce winds and torrential rains from Hurricane Maria struck St. Croix, devastating even more infrastructure and services. Hurricane…
Census Bureau: Communting Times, Median Rents and Language other than English Use
New American Community Survey Statistics Provide Local Data for Every Community Nationwide DEC. 7, 2017 — The nation experienced an increase in commuting time, median gross rent and a rise in English proficiency among those who spoke another language. These are only a few of the statistics released today from the U.S. Census Bureau’s 2012-2016…
HUD: Secretary Carson Launches EnVision Center Initiative
Today, Dr. Ben Carson, Secretary of the U.S. Department of Housing and Urban Development announced the launch of EnVision Centers, a new initiative designed to help HUD-assisted households achieve self-sufficiency. Located on or near public housing developments, EnVision Centers will be centralized hubs that serve as an incubator for the four key pillars of self-…
SBA: Veterans Business Outreach Center Fund Opportunity Announced
Private organizations, colleges and universities, private sector firms, nonprofit organizations and state, local or tribal governmental agencies are eligible to apply for funding from the U.S. Small Business Administration to provide training and counseling to aspiring and existing veteran small business owners as a Veterans Business Outreach Center (VBOC). The grant awardees will be providing training…