SFA announced its support for the Neighborhood Homes Investment Act (NHIA), H.R. 3316 and S. 4073, bipartisan legislation to revitalize distressed urban, suburban and rural neighborhoods with federal income tax credits, mobilizing private investment to build and rehabilitate 500,000 homes for low- and moderate-income homeowners over the next decade.
Across the country, business leaders, managers and workers are trying to have difficult conversations about race and diversity in the workplace.But the truth is, many people are still uncomfortable discussing these issues and many workplace diversity efforts are failing. This comes down to two reasons.
On Saturday, August 9, President Donald Trump signed one Executive Order and three Presidential Memorandums to provide additional resources to support American families and businesses impacted by the pandemic, as negotiations between Congress and the Trump Administration over a “Phase 4” COVID-19 relief package remain deadlocked.
The headline unemployment rate dropped to 10.2% in July, a modest improvement from June’s rate of 11.1%. The total unemployment rate, which includes all persons marginally attached to the labor force, plus total employed part time for economic reasons, dropped to 16.5% from 18% in June. Over 1.8 million jobs were added back to the economy.
Ambition is what sparks individuals to achieve. It propels them forward because it is what makes them want to change the status quo. Ambition is positive for all business leaders unless you are a woman.
On the latest episode of SFA’s podcast, Bright Ideas, SFA CEO Michael Bright spoke with labor economist and renowned social and political commentator Dr. Julianne Malveaux about diversity and race relations.
The Federal Reserve’s Senior Loan Officer Survey on Bank Lending Practices reports that more banks have tightened credit lending standards for residential, commercial and consumer loans and are also less willing to make consumer installment loans.
In a statement issued on Monday, August 3, the Federal Financial Institutions Examination Council (FFIEC) called for banking agencies to offer more loans and provide for additional loan modifications as the first-round of these programs comes to an end.
Despite a drop in consumer and business demand for lending, more banks have tightened their lending standards according to the Federal Reserve’s recent Senior Loan Officer Survey on Bank Lending Practices.