Bank Regulators Propose Overhaul of Redlining Law

A chance to significantly overhaul banking regulations comes around once in a generation — or maybe twice. Today, the Federal Reserve, Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency released a proposed set of overhauled regulations under the Community Reinvestment Act, the 1977 law intended as a countermeasure against discriminatory lending,…

CRA unveils South Cape utility box artwork

Utility boxes aren’t the prettiest things to look at — they’re gray, utilitarian and, at best, hopefully go unnoticed by pedestrians. But downtowns can’t survive without them. So, if you need them, why not have them look as good as possible? On Friday, on Southeast 47th Terrace, the South Cape Community Redevelopment Agency hosted an…

FHWA Funding for Major Infrastructure Projects: An Equity Opportunity

On March 23, Transportation Secretary Pete Buttigieg announced $2.9 billion of funding now available for major infrastructure projects through a combined Notice of Funding Opportunity (NOFO) under President Biden’s Bipartisan Infrastructure Law (BIL).  This NOFO includes the INFRA program and two new programs – MEGA and the Rural Surface Transportation Grant Program (RURAL). Combining three major discretionary grant programs into…