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…
SBA: U.S. Census Bureau to Conduct New Business Survey, Combine and Replace Previous Surveys
The U.S. Census Bureau plans to conduct a new business survey, the Annual Business Survey, which will combine and replace previous Census surveys: the five-year Survey of Business Owners, the Annual Survey of Entrepreneurs, and the Business R & D and Innovation for Microbusinesses survey. The Census Bureau expects the proposed changes will streamline costs,…
CDFI Fund: FY 2018 Funding Round for CDFI Program and NACA Program Opened
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2018 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program). The awards from these programs will support Community Development Financial Institutions (CDFIs) providing affordable financing and…
HUD: Wholesale Review of Manufactured Housing Rules Announced
Public comment sought in effort to identify regulations that stifle affordable housing and job creation The U.S. Department of Housing and Urban Development (HUD) today announced a top-to-bottom review of its manufactured housing rules as part of a broader effort to identify regulations that may be ineffective, overly burdensome, or excessively costly given the critical…