EDA: $3 Million in CARES Act Recovery Assistance Invested to Support Business Growth in Industrial Park in Holdrege, NE
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million CARES Act Recovery Assistance grant to the city of Holdrege, Nebraska, to construct water, sewer, and street improvements to support business development at the Iron Horse Industrial Park. This EDA grant, to be matched with…
EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Establish Revolving Loan Fund to Assist Small Businesses in WV
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to Natural Capital Investment Fund, Inc., Charles Town, West Virginia, to capitalize and administer a Revolving Loan Fund that will provide critical gap financing to small businesses throughout West Virginia….
EDA: $525,000 in CARES Act Recovery Assistance Invested to Support Business Expansion and Growth Efforts in Hampton, SC
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $525,000 CARES Act Recovery Assistance grant to Lowcountry Regional Water System, Hampton, South Carolina, to update and improve the wastewater sewer system to support business expansion and attraction plans and bolster the region’s ability to withstand future economic disruptions. This EDA grant,…
Census Bureau: Household Pulse Survey Phase 3.1 Biweekly Data Released
The U.S. Census Bureau today released new data from phase 3.1 of the experimental Household Pulse Survey. Phase 3.1 includes substantial revisions to the questionnaire. Additional questions address the following new topics: disability, child health access, telehealth and child care. Also included are demographic questions to identify service members and military spouses, and questions to classify respondents employed…
HUD: HHS and HUD Announce Joint Effort to Increase Access to COVID-19 Vaccinations
U.S. Housing and Urban Development (HUD) Secretary Marcia L. Fudge and U.S. Health and Human Service (HHS) Secretary Xavier Becerra today announced a joint-agency effort to increase access to COVID-19 prevention and treatment services, including testing and vaccinations, among disproportionately affected communities, including among HUD-assisted households and people experiencing homelessness. This effort will leverage the…
SBA: Initial Results of Restaurant Revitialization Fund Announced
The SBA receives 186K applications; More than half of applications are from priority underserved business communities Today Administrator Isabella Casillas Guzman announced the initial results of the successful May 3rd launch of the Restaurant Revitalization Fund, showing more than 186,000 applications from restaurants and other food and beverage businesses in all 50 states, the District of Columbia, and…
CFPB: Reports Issued Detailing Mortgage Borrowers Continuing COVID-19 Challenges
The Consumer Financial Protection Bureau (CFPB) released two reports today showing that more work needs to be done to help mortgage borrowers coping with the COVID-19 pandemic and economic downturn. The first report documents that Black and Hispanic mortgage borrowers are much more likely to be delinquent or in a forbearance program than white borrowers….
CFPB: FTC and CFPB Put Nation’s Largest Landlords on Notice about Tenants Pandemic Protections
Today, Consumer Financial Protection Bureau (CFPB) Acting Director Dave Uejio and Federal Trade Commission (FTC) Acting Chairwoman Rebecca Kelly Slaughter sent notification letters to the nation’s largest apartment landlords, which collectively own more than 2 million units. The letters remind these landlords of federal protections in place to keep tenants in their homes and stop…
EDA: $3.8 Million in CARES Act Recovery Assistance Invested to Support Business Expansion Efforts in Salina, KS
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.8 million CARES Act Recovery Assistance grant to the city of Salina, Kansas, for drainage and road improvements to allow for business expansion. This EDA grant, to be matched with $939,200 in local investment, is expected to…
EDA: $8.35 Million in CARES Act Recovery Assistance Invested to Support Transportation Infrastructure Improvements in Tracy, CA
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding an $8.35 million CARES Act Recovery Assistance grant to the city of Tracy, California, to make transportation infrastructure improvements needed to support the growth of business in a local industrial park. This EDA grant, to be matched with…