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HUD AWARDS $29 MILLION TO 25 LOCAL HIV-AIDS HOUSING PROGRAMS

HUD AWARDS $29 MILLION TO 25 LOCAL HIV-AIDS HOUSING PROGRAMS

WASHINGTON – The U.S. Department of Housing and Urban Development today announced $29 million in grants to help approximately 1,200 extremely low-income persons and families living with HIV/AIDS annually. These grants provide a combination of housing assistance and supportive services for this vulnerable population. In addition to housing Read more
USDA Announces New Private Funds to Make Investments in Rural America

USDA Announces New Private Funds to Make Investments in Rural America

WASHINGTON – The US Department of Agriculture announced the launch of two new private funds, known as Rural Business Investment Companies (RBICs), which make equity investments in rural businesses, helping them grow and create jobs. This announcement is part of USDA’s ongoing efforts to help attract private sector capital to Read more
OBAMA ADMINISTRATION ANNOUNCES EIGHT ADDITIONAL PROMISE ZONES TO BUILD COMMUNITY PROSPERITY

OBAMA ADMINISTRATION ANNOUNCES EIGHT ADDITIONAL PROMISE ZONES TO BUILD COMMUNITY PROSPERITY

WASHINGTON – The Obama Administration announced eight additional Promise Zones across the country, including six cities, one rural area, and one tribal community. Promise Zones are high poverty communities where the federal government partners with local leaders to increase economic activity, improve educational opportunities, leverage private Read more
SBA Launches Growth Accelerator Fund Competition to Award $4 Million for Small Business Startups

SBA Launches Growth Accelerator Fund Competition to Award $4 Million for Small Business Startups

WASHINGTON – The head of the U.S. Small Business Administration (SBA) announced that for the second year, the SBA is launching an Accelerator Growth Fund competition for accelerators and other entrepreneurial ecosystem models to compete for monetary prizes of $50,000 each, totaling $4 million. The application period is from April 10-June 1 and Read more
USDA Awards $31 Million in Grants to Help SNAP Participants Afford Healthy Foods

USDA Awards $31 Million in Grants to Help SNAP Participants Afford Healthy Foods

ORLANDO, Fla., April 1, 2015 – Agriculture Secretary Tom Vilsack announced that USDA has awarded $31.5 million in funding to local, state, and national organizations to support programs that help participants in the Supplemental Nutrition Assistance Program (SNAP) increase their purchase of fruits and vegetables. Recognizing that all Americans Read more
HUD TO CONNECT LOW-INCOME WORKERS WITH JOB OPPORTUNITIES NATIONWIDE

HUD TO CONNECT LOW-INCOME WORKERS WITH JOB OPPORTUNITIES NATIONWIDE

WASHINGTON– U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro announced new changes to strengthen a federal program called “Section 3” that directs jobs and training to low-income workers and connects businesses that hire them with HUD-funded contracting opportunities.  The initiative would increase Read more
SBA Launches Business Challenge for Innovations That Empower Women’s Lives

SBA Launches Business Challenge for Innovations That Empower Women’s Lives

Washington, DC- Addressing the needs of women and the role they play in America’s  economy, the U.S. Small Business Administration has launched a nationwide competition for entrepreneurs who are developing products and services that will enhance the lives of women and their families. “The landscape of the U.S. economy has evolved drastically Read more
Why Businesses Should Borrow Using Credit Cards

Why Businesses Should Borrow Using Credit Cards

By:  Ari Page I never advocate that anyone borrow just to borrow. But if you need capital to make payroll or invest in something that you know will reap a short-term profit, then you need access to capital. In the past few years, even though money has been tight, there have always been options. Banks [...] Read more
REAP Program Reduces Energy Costs for Small Businesses

REAP Program Reduces Energy Costs for Small Businesses

WASHINGTON, Feb. 10, 2015 – Agriculture Secretary Tom Vilsack announced that rural agricultural producers and small business owners can now apply for resources to purchase and install renewable energy systems or make energy efficiency improvements. These efforts help farmers, ranchers and other small business owners save money on their energy Read more
Impact Investment Fund Grows Threefold

Impact Investment Fund Grows Threefold

WASHINGTON–The U.S. Small Business Administration (SBA) announced today that the Impact Investment Fund of the Small Business Investment Company (SBIC) program has tripled in the last 12 months. “Capital investment in some sectors, geographies and industries is still lower than you would expect and like. Through the Impact Investment Fund, Read more

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