Primary Recipient. RESEARCH FOUNDATION OF STATE UNIVERSITY OF NEW YORK, THE. Amount. $706,500.00. Award Date. 7/16/2009. Administering Agency. Health and Human Services, Department of / National Institutes of Health. CDFA Number. 93.701. CDFA Program Title. Trans-NIH Recovery Act Research Support. Description. Numerous studies have shown that the protein tyrosine phosphatase SHP-1 modulates the expression of proinflammatory genes in leukocytes and glia that have been shown to cause inflammatory demyelination in the CNS. Accordingly, genetic deficiency in SHP-1 ...
Primary Recipient. UNIVERSITY OF CALIFORNIA, SAN FRANCISCO. Amount. $205,541.00. Award Date. 8/03/2009. Administering Agency. Health and Human Services, Department of / National Institutes of Health. CDFA Number. 93.701. CDFA Program Title. Trans-NIH Recovery Act Research Support. Description. This award is a Recovery Act Administrative Supplement, which provides supplementary funding for an ongoing NIH R01 grant (R01-GM053270-19; PI: Morgan, D.O. ; Title: Molecular Control of Cell Proliferation). Specifically, supplement funds were used to (1) ...
The Alliance for Childrens Therapeutics (ACT), a pediatric research collaboration between Seattle Childrens Research Institute and biotech company K
All kidney and liver transplant programs wishing to participate in HOPE Act research studies must receive IRB approval from their institution to participate according to research criteria established by the National Institutes of Health. Please note that the research criteria contain additional requirements for programs intending to perform living donor transplantation ...
Osborne DL, Weaver CM, McCabe LD, McCabe GM, Novotny R, Van Loan MD, Going S, Matkovic V, Boushey CJ, Savaiano DA, and the ACT research team. (2012). Body size and pubertal development explain ethnic differences in structural geometry at the femur in Asian, Hispanic, and white early adolescent girls living in the U.S. Bone, 51: 888-895 ...
In those days Povinelli shared the zeitgeist - spread by Whitens and Byrnes work, and started by Nick Humphrey and Alison Jolly before them - that, since the most exacting and potentially treacherous environment faced by chimpanzees and other primates was not physical, but the social environment of their peers, they had evolved a form of social cognition very much like our own, in order to deal with it. This was further elaborated into a full-blown social brain hypothesis by Robin Dunbar, who related brain neocortex size to social group size throughout the primates and up to man. Povinellis early work reflects this optimism for the mental life of apes, but both ape-language and ape-cognition research was subjected to a cold douche of searching criticism during the 1990s, and misgivings set in regarding the effectiveness of the experiments that had been constructed to guage ape cognition. Now the worm has turned again, with a number of research groups emerging with bolder and bolder claims ...
This is the accessible text file for GAO report number GAO-09-453T entitled American Recovery And Reinvestment Act: GAOs Role in Helping to Ensure Accountability and Transparency which was released on March 5, 2009. This text file was formatted by the U.S. Government Accountability Office (GAO) to be accessible to users with visual impairments, as part of a longer term project to improve GAO products accessibility. Every attempt has been made to maintain the structural and data integrity of the original printed product. Accessibility features, such as text descriptions of tables, consecutively numbered footnotes placed at the end of the file, and the text of agency comment letters, are provided but may not exactly duplicate the presentation or format of the printed version. The portable document format (PDF) file is an exact electronic replica of the printed version. We welcome your feedback. Please E-mail your comments regarding the contents or accessibility features of this document to ...
NIGMS GO grant applications should be directly related to the topics below.. Community Resources. Creation, validation and dissemination of resources that benefit entire scientific communities (such as those using established or emerging model organisms) are key to accelerating the tempo of research. This grand opportunity solicits proposals to generate community research reagents or resources. A responsive application might propose, for example, the creation of mutant collections, generation of tagged proteins, creation of antibody panels or generation of genomics-based reagents. The resource must be created and validated within the two-year period of the grant, and a specific plan for maintenance and dissemination of the resources or reagents after that time must be included. Indications of the strength of support and priority from the targeted research community will be a required component of the application. Contact: Laurie Tompkins, Ph.D., [email protected] Determining Unknown ...
For its Recovery Act Signature Project, NHGRI selected the development of technologies that can sequence a human genome for $1,000 or less. NHGRI leadership thinks that truly inexpensive genomic sequencing will revolutionize health and medicine, and Recovery Act funding will accelerate the Institutes research program in this area.. The success of the Human Genome Project was made possible by significant reductions in DNA sequencing costs that were fueled in large part by tools, technologies and process improvements developed as a result of NHGRI funding. To continue its efforts to make sequencing a routine tool in both research and medicine, NHGRI subsequently launched two programs, in 2004, to further accelerate the development of sequencing technologies and reduce the cost of sequencing. The goal of the first program - to produce high-quality sequence of the amount of DNA found in a human genome for $100,000 - has already been achieved. Ultimately, NHGRIs vision is to cut the cost of ...
The Democratic Congressional Campaign Committee (DCCC) established a Hypocrisy Hall of Fame to list Republican Representatives who had voted against ARRA but who then sought or took credit for ARRA programs in their districts. As of September 2011, the DCCC was listing 128 House Republicans in this category.[88] Newsweek reported that many of the Republican legislators who publicly argued that the stimulus would not create jobs were writing letters seeking stimulus programs for their districts on the grounds that the spending would create jobs.[89]. The stimulus has been criticized as being too small. In July 2010, a group of 40 prominent economists issued a statement calling for expanded stimulus programs to reduce unemployment. They also challenged the view that the priority should be reducing the deficit: Making deficit reduction the first target, without addressing the chronic underlying deficiency of demand, is exactly the error of the 1930s.[90]. In July 2010, the White House Council ...
On February 17, 2009 (the Effective Date) President Barack Obama signed into law the American Recovery and Reinvestment Act of 2009 (Stimulus Act) including the American Recovery and Reinvestment Tax Act of 2009 (Tax Act). The Stimulus Act and Tax Act include a number of tax cred
By Eric Sauter. A scientist from The Scripps Research Institutes Florida campus has been awarded a pair of research grants from the National Institutes of Health (NIH) totaling just over $1.4 million to pursue drug discovery work in both Alzheimers disease and alcoholism. The grants have gone to Claes Wahlestedt, who is professor and director of Neuroscience Discovery at Scripps Florida. The first grant, which will fund the study of non-coding RNA modulators in Alzheimers disease, is for approximately $924,000 over two years; the other award, about $484,000 for one year, will be used to study and develop novel ligands for a specific receptor that plays a role in alcohol dependence. The studies are being funded through the American Recovery and Reinvestment Act, the economic stimulus package passed by the Congress in February. To date about 100 Scripps Research Institute investigators in California and Florida have won supplemental grants from the NIH under the Recovery and Reinvestment Act. ...
Lawrence Berkeley National Laboratory has been awarded $12.8 million in American Recovery and Reinvestment Act funding by the National Institutes of Health (NIH) for research into cancer, neurodegenerative diseases, radioactive decontamination and a variety of other health conditions.. The grants bring Berkeley Labs total Recovery Act funding to more than $240 million in areas covering energy, computing and general science, as well as infrastructure projects. The NIH grants will go to 14 individual research projects ranging from disease investigation to the development of tools for medical researchers.. The Recovery Act grants from NIH have allowed us to create quite a few new positions for scientists, technicians, research associates and postdoctoral fellows, as well as retain some jobs, said Joe Gray, Associate Laboratory Director for Life Sciences. Were helping to train the nations next generation of scientists while also doing important research in critical areas of human health that ...
HUNTINGTON, W.Va. - The National Institutes of Health (NIH) has awarded five grants totaling $3 million to faculty members at Marshall Universitys Joan C. Edwards School of Medicine. The grants, awarded competitively through the American Recovery and Reinvestment Act of 2009, will support biomedical research and workforce development programs.. Four of the funded projects are associated with the West Virginia-IDeA Network of Biomedical Research Excellence (WV-INBRE).. According to Dr. Gary Rankin, chairman of the universitys Department of Pharmacology, Physiology and Toxicology and WV-INBRE principal investigator, the awards will further the networks efforts to build biomedical research infrastructure, develop research programs at the states undergraduate institutions, provide student research opportunities and train the states high-tech work force.. These awards will allow more students and faculty members from the states undergraduate institutions, as well as high school science ...
The Affordable Care Act is a once-in-a-generation change to the U.S. health system. It guarantees access to health care for all Americans, creates new incentives to change clinical practice to foster better coordination and quality, gives physicians more information to make them better clinicians and patients more information to make them more value-conscious consumers, and changes the payment system to reward value. The Act and the health information technology provisions in the American Recovery and Reinvestment Act remove many barriers to delivering high-quality care, such as unnecessary administrative complexity, inaccessible clinical data, and insufficient access to primary care and allied health providers.. We hope that physicians will embrace the opportunities created by the Affordable Care Act that will enable them to provide better care for their patients and lead the U.S. health system in a more positive direction. To fully realize the benefits of the Affordable Care Act for their ...
U.S. Health and Human Services Secretary Kathleen Sebelius announced one billion dollars of American Recovery and Reinvestment Act funds have been awarded to construct, repair and renovate scientific research laboratories and related facilities across the country. The National Institutes of Health (NIH) National Center for Research Resources (NCRR) administered the grants, which are expected to create or sustain jobs nationwide and to help foster scientific advances that may lead to improved human health ...
The Department of Physiology at the University of Tennessee Health Science Center in Memphis has been ranked third out of 186 physiology departments in the United States, Canada, Mexico and Puerto Rico by the American Physiological Society.. The department has moved up from its seventh place ranking in the 2009 annual survey, which is based on an institutions research dollars, number of faculty and amount of research space. With 19 full-time faculty members and a budget of more than $16 million, UTHSCs faculty generates an average of $586,499 per member.. Dr. Gabor Tigyi, chair of the UTHSC Department of Physiology, said he believes the higher ranking is the result of the faculty attracting seven new grant awards from the National Institutes of Health. In 2009, the American Recovery and Reinvestment Act infused the NIH with a one-time grant of approximately $8 billion to fuel exceptional scientific endeavors aimed at improving the length and quality of life of U.S. citizens.. The department ...
MODIFICATION TO STRATEGIC TWO-YEAR WORKFORCE INVESTMENT PLAN FOR TITLE I OF THE WORKFORCE INVESTMENT ACT OF 1998 AND THE WAGNER PEYSER ACT TO INCLUDE THE AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009 STATE OF OKLAHOMA JULY 1, 2009 THROUGH JUNE 30, 2010 2 TABLE OF CONTENTS PAGE SECTION I. CONTEXT, VISION, AND STRATEGY ................................................................................. 3 Economic and Labor Market Context .......................................................................................... 3 State Vision and Priorities ........................................................................................................... 4 Overarching State Strategies ........................................................................................................ 8 Service Delivery Strategies, Support for Training ..................................................................... 14 SECTION II. SERVICE DELIVERY ...
U. S. Secretary of Education Arne Duncan today announced that an additional $429,781,767 is now available for Michigan under the American Recovery and Reinvestment Act (ARRA) of 2009. To date, Michigan has received $2,765,006,656 through the Recovery Act. The state recently reported that recovery dollars have been used to provide funding for more than 9,300 education jobs from Oct. 1 to Dec ...
Using a $325,000 National Institutes of Health grant supplement, administered by the federal stimulus act, Michaelis and her team are working hard to unlock the secrets of this disease that afflicts more than 50 children in 30 countries. Specifically, Michaelis is investigating the role that a protein known as lamin A plays in the disease.. Michaelis investigations are among the more than 300 stimulus-funded research grants and supplements totaling more than $157.4 million that Johns Hopkins has garnered since Congress passed the American Recovery and Reinvestment Act of 2009 (informally known by the acronym ARRA), bestowing the National Institutes of Health and the National Science Foundation with $12.4 billion in extra money to underwrite research grants by September 2010. The stimulus package-which provided $550 billion in new spending, including the above grants-is part of the federal governments attempt to bring back a stumbling economy by doling out dollars for transportation projects, ...
The North Bank Bridge and Park project in Boston/Cambridge has received an Honor Award in the 2013 American Council of Engineering Companies (ACEC) Engineering Excellence national competition.. The $26 million North Bank Bridge and Park project funded through the American Recovery and Reinvestment Act (ARRA) and completed in spring 2012 provides pedestrians with a safe, accessible and quick route between Cambridge and Charlestown.. The pedestrian bridge is open to biking and rollerblading, in addition to walking or running, giving the public greater access to the parks. The 690-foot bridge curves under the Zakim Bridge and over the MBTA railway. The steelwork is metalized rather than painted to minimize maintenance. Energy-efficient LED light strips are installed in the bridges railings for aesthetics and public safety.. The ACEC award citation says a former brownfield site has been transformed into a breathtaking new park along the Charles River Basin. The firm Greenman-Pederson, Carol R. ...
In the 20th Century, those records were written by hand and paper copies were generally stored on or offsite, unless required for a hospitalization, doctor visit or research. Sharing patient information with even one consultant or payer typically meant long hours at the copying machine to create thick envelopes filled with data that could take a substantial amount of time to sort; sharing only pertinent information with multiple parties was next to impossible.. Computers and the internet heralded the information age and electronic health records (EHR), which allowed the mass sharing and analysis of data in an instant and without cumbersome and costly paper. In 2004, President George W. Bush created the Office of the National Coordinator (ONC), which now synchronizes HIT in the U.S. healthcare sector. Passed as part of the larger American Recovery and Reinvestment Act of 2009, the Health Information Technology for Economic and Clinical Health (HITECH) Act created incentives to use health care ...
Prior to joining CFSI, Mr. Easton spent four years as the Senior Management Analyst at the Wisconsin Housing and Economic Development Authority, where he advised the executive director and governor on state economic and housing issues, developed new financial products and services, and facilitated communications between business, investors, lenders, and state government. He also served as Wisconsins Director of Statewide Competitive Recovery Operations where he oversaw private sector and local government applications for American Recovery and Reinvestment Act funds.� A native of Ohio, Mr. Easton holds a B.A. in History and a minor in Black World Studies from Miami University in Oxford, OH and an Masters of Public Policy Degree from the University of Michigan. He also served as a Teach For America corps member in rural Louisiana. - See more at: http://www.cfsinnovation.com/About-Us/Our-Team/Darren-Easton#sthash.ZXC0cqOK.dpuf
Need an incentive to implement an electronic health records (EHR) system in your practice? How about $44,000? Thats the amount the federal government is making available to eligible physicians as part of its effort to speed up the adoption of health information technology throughout the U.S. In fact, under the Health Information Technology for Economic and Clinical Health Act (HITECH Act), part of the American Recovery and Reinvestment Act of 2009, billions of federal stimulus dollars are flowing to medical practices throughout the U.S. to help physicians set up EHR systems.. ...
One legislative effort in particular is driving pharmacies technical prowess. The Health Information Technology for Economic and Clinical Health (HITECH) Act, a provision of the 2009 American Recovery and Reinvestment Act, includes a meaningful use mandate that provides financial incentives for healthcare providers who deploy an electronic health record and can prove they are using the platform in a meaningful fashion, such as recording medications via computerized physician order entry and electronically prescribing permissible medications.. The Centers for Medicare and Medicaid Services, charged with administering the program, split meaningful use into three stages, each with its own time frame and measurable objectives. The industry is currently in Stage 1 and recently received the final requirements for Stage 2. Subsequent stages will include different objectives that providers must achieve in order to receive a second round of funding. With objectives built on accomplishments from the ...
One legislative effort in particular is driving pharmacies technical prowess. The Health Information Technology for Economic and Clinical Health (HITECH) Act, a provision of the 2009 American Recovery and Reinvestment Act, includes a meaningful use mandate that provides financial incentives for healthcare providers who deploy an electronic health record and can prove they are using the platform in a meaningful fashion, such as recording medications via computerized physician order entry and electronically prescribing permissible medications.. The Centers for Medicare and Medicaid Services, charged with administering the program, split meaningful use into three stages, each with its own time frame and measurable objectives. The industry is currently in Stage 1 and recently received the final requirements for Stage 2. Subsequent stages will include different objectives that providers must achieve in order to receive a second round of funding. With objectives built on accomplishments from the ...
These two grants laid the groundwork for investment from four additional awards. In October 2009, UW Medicine received a large-scale DNA sequencing project award from the National Heart, Lung, and Blood Institute (NHLBI), made under the auspices of the American Recovery and Reinvestment Act (ARRA) of 2009. The lions share, $25 million, has been used to launch the Northwest Genomics Center at UW Medicine. An additional $2 million grant from the states Life Sciences Discovery Fund is supporting the new centers infrastructure. Deborah A. Nickerson, professor of genome sciences and one of the centers principal investigators, says the grant recognizes UW Medicines expertise in genomics. Weve been working in the area of medical sequencing for quite some time, particularly in cardiovascular disease, says Nickerson.. The lions share, $25 million, has been used to launch the Northwest Genomics Center at UW Medicine. An additional $2 million grant from the states Life Sciences Discovery Fund is ...
For the folks who are interested in the details. UNM researchers have succeeded in winning $37 million in competitive grants under the American Recovery and Reinvestment Act. Main campus awares are $16 million and HSC awards total $21 million to ...
Rob Pratt is considered one of the early thought leaders behind the smart grid. He manages Pacific Northwest National Laboratorys (PNNL) Smart Grid R&D program activities for the U.S. Department of Energy. Pratt leads a team that looks at communications architecture, advanced control technology and the combined engineering and economic aspects of a future grid. Pratt said he has seen a boom in smart grid progress over the past couple years. The amount of smart grid being installed as a result of ARRA [American Recovery and Reinvestment Act of 2009] is a profound opportunity we didnt see coming, Pratt said. Its really moved the ball along. The demo projects that started before that and continue are introducing smart grid technology to the masses. Utilities are surveying their customers to gather their thoughts and attitudes regarding power delivery and energy usage to better discover how to approach them regarding the smart grid. At present, about half the utilities in the United States are ...
Where you stand on the American Recovery and Reinvestment Act - a.k.a. the stimulus - probably depends a lot on where you sit. For the right, its a $787 billion failure, wasteful spending of epic proportions - even though much of it consisted of tax cuts. For the left, it was an insufficiently ambitious
This powerpoint discusses how to implement succesful subsidized emplyoment programs using American Recovery and Reinvestment Act (ARRA) TANF Emergency Funds.
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On Tuesday, the nonpartisan Congressional Budget Office (CBO) released a report on the estimated impact of the American Recovery and Reinvestment Act (a.k.a.-Obamas $787 billion fiscal stimulus) The report provides conclusive evidence that the stimulus did exactly what it was designed to do and helped to avert another Great Depression. Heres a summary: It raised real (inflation-adjusted) gross domestic product (GDP) by between 1.7 per cent and 4.5 per cent;. Lowered the unemployment rate by between 0.7 percentage points and 1.8 percentage points;. Increased the number of people employed by between 1.4 million and 3.3 million; Increased the number of full-time-equivalent jobs by 2.0 million to 4.8 million compared with what would have occurred otherwise.. Naturally, the Republican leadership is in a frenzy over the report and trying desperately to underplay its conclusions. Thats why House minority leader John Boehner launched a counterattack earlier this week claiming that the stimulus has ...
U.S. Secretary of Education Arne Duncan today announced that Florida will receive $170.2 million to turn around its persistently lowest achieving schools through the School Improvement Grants (SIG) program. These funds are part of the $3.5 billion that will be made available to states this spring from money set aside in the 2009 budget and the American Recovery and Reinvestment Act. ...
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President Obama has said, It is simply unacceptable for individuals, children, families, and our nations veterans to be faced with homelessness in this country.. On February 17, 2009, he signed into law the American Recovery and Reinvestment Act of 2009, a nearly $800 billion stimulus package of temporary programs aimed to alleviate the recessions negative effects. The package included a three-year, $1.5 billion program called the Homelessness Prevention and Rapid Re-Housing Program (HPRP).. Administered by the U.S. Department of Housing and Urban Development (HUD), HPRP targeted two populations: people who without assistance were at risk of losing their current housing (homelessness prevention), and people experiencing homelessness who needed assistance to obtain and then retain housing (rapid re-housing).. Communities could use HPRP funding for financial assistance, including rental assistance, security deposits, utility payments, moving costs, or hotel/motel vouchers, and for housing ...
WASHINGTON - Today, Congressman Bill Owens announced a federal grant award for St. Lawrence University to fund equipment upgrades for SLUs biology and computer science departments. The project, funded in the amount of $179,336, was awarded through the American Recovery and Reinvestment Act of 2009.I am pleased to announce this award, Owens said. SLU leads the way in a wide
The American Recovery and Reinvestment Act includes a HITECH section that spells out tougher healthcare privacy and security regulations.. HealthcareInfoSecurity
The project will be funded through the American Recovery and Reinvestment Act of 2009 and will be deployed in early 2010 along Foothill Transits Line 291.
We quantify the fiscal multipliers in response to the American Recovery and Reinvestment Act (ARRA) of 2009. We extend the benchmark Smets-Wouters (2007) New Keynesian model, allowing for credit-constrained households, the zero lower bound, government capital and distortionary taxation. The posterior yields modestly positive short-run multipliers around 0.52 and modestly negative long-run multipliers around -0.42. The multiplier is sensitive to the fraction of transfers given to credit-constrained households, the duration of the zero lower bound and the capital. The stimulus results in negative welfare effects for unconstrained agents. The constrained agents gain, if they discount the future substantially ...
$1.3 million boost from American Recovery and Reinvestment Act to Pennsylvania Services to increase mobility for people with disabilities
H.R. 1, American Recovery and Reinvestment Act of 2009; monitor funding for municipalities and implementation. H.R. 2596, S. 1572, Commerce, Justice, Science, and Related Agencies Appropriations, Methamphetamine funding; COPS funding. S. 1596, Transportation, Housing and Urban Development, and Related Agencies Appropriations; LRT funding, I-5 bridge funding.. S. 1599, Departments of Labor, Health and Human Services, and Education, Appropriations, Health Clinic funding, WFI funding, workforce training ...
In February 2009, President Barack Obama signed the American Recovery and Reinvestment Act (ARRA) which provided $1.2 billion to support summer jobs for disadvantaged youth nationwide. Detroit received $11 million. The appropriation presented a major opportunity for us in Detroit-it was the biggest influx of funds for youth employment in over a decade. But it…
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The Center for Medicaid and State Operations of the Centers for Medicare & Medicaid Services (CMS) has sent a letter to state Medicaid directors providing guidance on Section 4201 of the American Recovery and Reinvestment Act (ARRA), which established a payment program for providers that become meaningful users of EHRs.
I just wanted anyones opinion on if I was in the wrong here, and what any of you guys would have done in this situation. So my wife is quite liberal and Im more on the conservative side, and shes about 3 months pregnant. She cant work right now, so Ive been forced to support her as of late. The thing is that about a week ago she started asking me if she could borrow $400, and being pretty secretive about the reason why. I soon found out that $400 was the average cost of a back alley abortion, which is ridiculous considering that she knows how vehemently pro-life I am. After refusing to give her the money and the countless hours of arguing that ensued, I ended up making a comment about how if she wanted to do something liberal with $400, she should take advantage of Obummers American Recovery and Reinvestment Act, so that instead of murdering our kid, he can have satellite internet at a smashing price! (I linked it so you can actually see its about $400 in taxpayer money that our ...
Ever since the governments American Recovery and Reinvestment Act required all public and private health care providers and other eligible professionals to adopt electronic medical records (EMR) by January 1, 2014, there has been a greater demand for workers who can help bridge the gap between clinical and IT in health informatics jobs.
Resolution, Reinvestment, and Realignment: Three Strategies for Changing Juvenile Justice Research and Evaluation Center Jeffrey A. Butts and Douglas N. Evans September 2011 Acknowledgements This report
The beleaguered IT industry is salivating as the US Congress has taken one more step towards putting a massive stimulus package together that will, among other things, put tens of billions of dollars of borrowed money into the industrys coffers.. David Obey, Democratic chairman of the House Committee on Appropriations, introduced a stimulus package proposal yesterday that closely tracks many of the suggestions that incoming President Barack Obama has made to goose the American economy. The American Recovery and Reinvestment Bill of 2009 starts off by reminding us that the country has lost more than 2 million jobs in the last four months and adds that employers in the United States are expected to cut another 3 to 5 million jobs in 2009.. To that end, the stimulus package being proposed by the House has $275bn in tax cuts and $550bn in investments that House members believe could create or save somewhere between 3 and 4 million jobs across the US economy. That $825bn ticket exceeds $700bn ...
Recently, I was contacted by a friend who was unhappy about having been offered the position of Community Reinvestment Act officer at her bank.. I had just completed three years as the CRA officer for a multistate bank holding company headquartered in Cincinnati. The experience was the most enjoyable and rewarding of my professional career (which also includes 10 years in the finance division at the Procter & Gamble Co. and banking assignments in cash management and demand deposit services).. Therefore, I was surprised by her disappointment, and asked for an explanation.. In a Rut. She explained that in her city the CRA officers for all of the major banks were African-American.. In addition, some of those persons had held those positions for more than three years, and none of them had experienced any upward mobility. From all appearances, they were in a rut.. In short, she believed that CRA was the place where African-American bankers went to die.. She had spent five years in retail banking and ...
I have little to add to Beckers post, with which I agree. One does understand the support in Congress for adding Buy American provisions to the stimulus package now moving through Congress (the American Recovery and Reinvestment Act of 2009, as it is called). Apart from the usual interest-group pressures, the goal of the Act, or at least the stated goal (for besides the goal of stimulating the economy, there is the goal of advancing President Obamas long-term policy agenda at an opportune time, by grafting the agenda onto the stimulus), is to increase employment, and that means employment in...
Since the new activities authorized by GLB can be exercised only by a subset of bank holding companies (BHCs)--to be called financial holding companies (FHCs)--the definition of this subset is a critical starting point. On this subject the legislation is quite explicit: To be an FHC, each subsidiary bank must be well-capitalized, be well-managed, and have a Consumer Reinvestment Act (CRA) rating of at least satisfactory. The Board recently announced the certification process--perhaps more accurately, the self-certification process--that BHCs must use. This process permits any BHC--including foreign BHCs whose banking presence in the United States is solely through subsidiary banks--that meets the statutory qualifications I just mentioned to file certifications immediately. The Board will check the CRA component of these companies positions as promptly as possible so that qualifying companies may begin as early as March 13 to affiliate with, acquire, or establish a nonbank financial institution ...
Senior Deputy Comptroller for Compliance and Community Affairs Grovetta Gardineer today discussed the role of a healthy culture at regulated institutions and its impact on Community Reinvestment Act performance and fair lending.
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The Office of Community and Civic Life will award one-year grants to projects/programs that aid, strengthen and serve restorative justice, community reinvestment, and wealth creation in communities that have been disproportionately impacted by cannabis prohibition laws.. A $550,179 restorative justice community reinvestment grant opportunity funded by the City of Portlands 3% local tax on retail cannabis sales is the source of funding for the grants.. Applicants may request funding for projects and programs ranging from $25,000 to $150,000 per fiscal year in the following priority areas:. • Criminal justice reform projects and services. • Legal services and case management support. • Workforce development. • Re-entry housing support and services. An information session with takes place Tuesday, January 7, 3-4 pm at St.. Johns Community Center, 8427 N. Central St.. Applications are due by Wednesday, January 22, 5 pm. More information and applications at bit.ly/2Q7NtKY. ...