Tag Archives: government
BREAKING:  Fannie & Freddie To Fund Housing Trust and Capital Magnet Funds

BREAKING: Fannie & Freddie To Fund Housing Trust and Capital Magnet Funds

​​​The Federal Housing Finance Agency (FHFA) today directed Fannie Mae and Freddie Mac to begin setting aside and allocating funds to the Housing Trust Fund and the Capital Magnet Fund pursuant to the Housing and Economic Recovery Act of 2008 (HERA).   HERA authorized FHFA to temporarily suspend these allocations, and FHFA informed Fannie Read more
USDA Announces $29 Million to Provide Housing for Farmworkers

USDA Announces $29 Million to Provide Housing for Farmworkers

Agriculture Secretary Tom Vilsack announced recently that USDA is investing $29 million to provide affordable housing for farm laborers and their families. “Housing is often the first step on the road to more economic prosperity for farmworker families,” Vilsack said. “These loans and grants will significantly improve the lives Read more
SBA Has Record Breaking Year in Lending

SBA Has Record Breaking Year in Lending

WASHINGTON – The U.S. Small Business Administration 7(a) Loan Program reached a lending record in 2014, as announced today by SBA Administrator Maria Contreras-Sweet.  By the end of the fiscal year (Sept. 30), SBA had approved 52,044 7(a) loans for $19.19 billion, an increase of 12 percent in number loans and 7.4 percent in dollar amount [...] Read more
Veteran Entrepreneurs Honored by SBA

Veteran Entrepreneurs Honored by SBA

Washington, DC-The accomplishments of Veteran small business owners around the country were celebrated during National Veterans Small Business Week. U.S. Small Business Administration district offices and resource partners nationwide hosted more than 100 local events, including entrepreneurship training such as Boots to Business: Reboot classes, Read more
Category: Veterans
Destination: HUB to Assist Small Business Owners

Destination: HUB to Assist Small Business Owners

WASHINGTON – The Small Business Administration has announced the launch of Destination: HUB.  For over 17 years, the HUBZone program has served as one of SBA’s signature initiatives and has helped small businesses in urban and rural communities gain preferential access to federal procurement opportunities. The program encourages Read more
SBA Announces Support for Eight ScaleUp Communities, Job Creation for Growth-Oriented Small Businesses

SBA Announces Support for Eight ScaleUp Communities, Job Creation for Growth-Oriented Small Businesses

WASHINGTON – The U.S. Small Business Administration announced today its support for entrepreneurial ecosystem development in eight communities through “ScaleUp America.”  This new initiative is designed to provide the necessary support to help companies scale up and grow, while strengthening and enhancing local entrepreneurial ecosystems Read more
HUD & VA Team Up To Help 9,000 Homeless Vets

HUD & VA Team Up To Help 9,000 Homeless Vets

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced more than $62 million to help more than 9,000 homeless veterans find permanent supportive housing.  The rental assistance announced today is provided through the HUD-Veterans Affairs Supportive Housing Read more
HUD AWARDS $75 MILLION TO HELP LOW-INCOME RESIDENTS RECEIVE JOB TRAINING AND EMPLOYMENT

HUD AWARDS $75 MILLION TO HELP LOW-INCOME RESIDENTS RECEIVE JOB TRAINING AND EMPLOYMENT

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today awarded $75 million to help public housing and Housing Choice Voucher residents across the country connect with local services to improve their education and employment and to put them on a path to self-sufficiency. Funded through HUD’s Family Self-Sufficiency Read more
Federal Government Announces $59 Million in Loans and Grants to Increase Economic Opportunity, Microenterprise Development

Federal Government Announces $59 Million in Loans and Grants to Increase Economic Opportunity, Microenterprise Development

PIKEVILLE, KY.– USDA Rural Development Acting Under Secretary Doug O’Brien today announced the selection of 85 utilities and development organizations for loans and grants to support rural business activities that will boost economic growth in rural communities. “These USDA investments capitalize rural small businesses, which allows Read more
Competition Announced To Designate Promise Zones

Competition Announced To Designate Promise Zones

WASHINGTON – U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro joined U.S. Department of Agriculture Secretary Tom Vilsack, U.S. Department of Transportation Secretary Anthony Foxx, and Education Secretary Arne Duncan to announce a competition to designate a new round of Promise Zones. These Promise Zones are Read more
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