SBA: $150,000 Announced to Fund Historic Women’s Business Center Expansion in Alaska
The New Funding Will Support the SBA’s First WBC in Alaska in a Decade. This WBC is the Latest in a Series of Historic Openings to Reach Underrepresented Communities Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 32.5 million small businesses in President Biden’s Cabinet, announced the availability of $150,000 for a new…
SBA: New Funding Announced to Expand Outreach Center for Women Entrepreneurs through Minority Serving Institutions
$1.5M Will be Awarded to Support the Expansion of the Agency’s Women’s Business Centers Across HBCUs and Higher Education Institutions Serving Hispanic, Tribal and AAPI Communities Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 32.5 million small businesses in President Biden’s Cabinet, announced the availability of $1.5 million…
HUD: Access to More Than $2 Billion in Federal Funds Opened for Disaster Recovery and Mitigation
The Department of Housing and Urban Development (HUD) today issued the Allocations for Community Development Block Grant Disaster Recovery and Implementation of the CDBG-DR Consolidated Waivers and Alternative Requirements Notice [“2020 CDBG-DR Notice”], a critical step taken by the department to open access to more than $2 billion in federal funds to help communities equitably recover and…
HUD: More Than $51 Million in Grants to Support Housing Counseling Programs, Partnerships with Minority Serving Institutions, and Training Announced
Awards provide HUD-approved housing counseling agencies and intermediaries with funding to maintain and expand critical services for the nation’s renters, homebuyers, and homeowners. The U.S. Department of Housing and Urban Development (HUD) on Monday awarded $51.4 million in housing counseling grants to 177 HUD-approved housing counseling agencies and intermediary organizations. This includes funding to HUD-approved housing counseling…
FDIC: Operation HOPE, Inc. and FDIC Announce Initiative to Expand Financial Education and Minority/Women-Owned Business Opportunities
The Federal Deposit Insurance Corporation (FDIC) today announced a collaboration with Operation HOPE, Inc., to promote financial education using the FDIC’s Money Smart curriculum and other resources and to help educate minority- and/or women-owned businesses on how to do business with the agency. The arrangement expands upon a longstanding relationship between the FDIC and Operation…
CDFI Fund: Civil Rights Act Compliance Reporting Requirements Implemented Beginning in 2022
Award applicants requested to complete a new Title VI Compliance Worksheet starting in 2022 The Civil Rights Act of 1964, which ended segregation in public places and banned employment discrimination on the basis of race, color, religion, sex or national origin, also prohibits discrimination on the basis of race, color, or national origin in programs…
HUD: 2021 HUD Year in Review Fact Sheet Released
The U.S. Department of Housing and Urban Development (HUD) this year took bold action in pursuit of the agency’s mission to create strong, sustainable, inclusive communities and quality affordable homes. These actions aligned with key Biden-Harris Administration priorities including ensuring equity, removing barriers to homeownership, expanding the nation’s housing supply, and keeping Americans housed. Below…
EDA: Finalists for $1 Billion “Build Back Better Regional Challenge”
60 Regional Coalitions will Each Compete for up to $100 Million in American Rescue Plan Funding to Rebuild America’s Communities U.S. Secretary of Commerce Gina M. Raimondo today announced the 60 finalists for the U.S. Economic Development Administration’s (EDA) $1 billion “Build Back Better Regional Challenge” – the marquee of EDA’s American Rescue Plan programs – that…
OCC: Acting Comptroller Kicks Off DC REACh
Acting Comptroller of the Currency Michael J. Hsu today joined civic leaders, community advocates, and bankers to launch DC REACh, thereby expanding the OCC’s Project REACh efforts to Washington, D.C. The OCC launched Project REACh, or Roundtable for Economic Access and Change, to bring together leaders from the banking industry, civil rights organizations, business, and…
SBA: Members of the Council on Underserved Communities Announced
John W. Rogers Jr. and 14 Distinguished Leaders Appointed to Reconvened CUC will develop policy recommendations for American Indian, Alaska Native, Native Hawaiian, and other underserved small business owners Today, U.S. Small Business Administrator Isabella Casillas Guzman announced the leaders who will serve on the reconvened Council on Underserved Communities (CUC) authorized under the Federal Advisory Committee…