Wednesday, February 20, 2019
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Finance
Hud Awards $3,200,000 to Help Families Reach Self-Sufficiency in the Greater Los Angeles Area
February 15, 2019
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded $74 million to hundreds of public housing authorities across the country, including $3,226,852 to 14 public housing agencies in the Greater Los Angeles Area, to continue helping public housing residents participating in the Housing Choice Voucher Program and/or reside in public housing to increase their earned income and reduce their dependency on public assistance and rental subsidies. Read more about the local impact of the grants announced. ... read more »
The American Dream Remains Deferred for Black Millennials
February 7, 2019
“As I entered my 30s, still navigating what achieving the dream would mean, I wondered what other Black millennials were feeling. I wanted to figure out what my generation of Black Americans thought about the promise of the American dream and how we can attain it,” said Reniqua Allen, the author of “It Was All a Dream.” ... read more »
Don’t Let Predatory Tax Loans Take Your Refunds
January 24, 2019
“…across the country, advertising – particularly on urban radio – tempts listeners with easy ways to get a loan against anticipated tax refunds. But just like other predatory lending products, what is advertised is not quite what consumers receive. ... read more »
WIC Offering Benefits to Federal Employees Affected by Shutdown
January 24, 2019
About 380,000 federal employees were furloughed, and an additional 420,000 employees for affected agencies were expected to work with their pay delayed ... read more »
NeighborhoodLIFT Program to Offer $25,000 Grants to Boost Homeownership for Angelenos
At a news conference, Wells Fargo, NeighborWorks® America and its network member, Neighborhood Housing Services of Los Angeles County will announce the expansion of a multi-million dollar collaboration to boost homeownership. The NeighborhoodLIFT® program will offer $25,000 down payment assistance grants and homebuyer education for eligible Los Angeles County homebuyers. The free NeighborhoodLIFT homebuyer event takes place Feb. 1-2 at Los Angeles Convention Center, and interested homebuyers can register to attend beginning January 14 at www.wellsfargo.com/lift.  ... read more / view event »
Harris’ First Action of 116th Congress: Re-introducing Tax Cut for Middle Class 
January 10, 2019
Today, U.S. Senator Kamala D. Harris re-introduced the LIFT (Livable Incomes for Families Today) the Middle Class Act, legislation that provides middle class and working families with a tax credit of up to $6,000 a year—or up to $500 a month—to address the rising cost of living. ... read more »
County of Los Angeles Department of Consumer and Business Affairs Hosts Recovery Forum for Small Business Owners Impacted by Woolsey, Hill Fires
As part of an interagency collaboration, the County of Los Angeles Department of Consumer and Business Affairs will host a Small Business Listening Session on Wednesday, Jan. 9, 2019 in the City of Calabasas to solicit input from impacted business owners regarding their post-fire needs and concerns. The business community is also encouraged to attend to explore economic development opportunities. ... read more / view event »
BREAKING NEWS: 3 Males Killed, 4 Injured In Shooting At Torrance Bowling Alley
January 5, 2019
TORRANCE, Calif. (AP) — Three men were fatally shot late Friday and four injured when a brawl at a popular Los Angeles-area bowling alley and karaoke bar erupted into gunfire that had terrified patrons, ... read more »
How Credit Scores Impact Mortgages
January 3, 2019
Mortgage lenders need to assess the risk to themselves before lending money to borrowers. ... read more »
Trump Administration Forced to Forgive $150M in Student Loans
December 27, 2018
After a more than year-long delay, the U.S. Department of Education will cancel $150 million in debt owed by defrauded students, the agency announced Dec. 13. ... read more »
Financial Tips to Help Make Your Holidays Merry and Bright
December 20, 2018
If not properly planned for, the price tag of holiday cheer can take some of the fun out of the holidays. ... read more »
Leslie Hale Makes History as First African American Female CEO of RLJ, Proving Business Isn’t a Man’s World
December 13, 2018
Recently, the Los Angeles Sentinel Newspaper spoke with Hale to discuss her new position and the changes she plans to implement within the company. ... read more »
Vermont/ Slauson Economic Development Corporation Designated Community Financial Institution
December 13, 2018
The organization can now provide more direct funding to small businesses in South L.A. ... read more »
Los Angeles Nonprofits Receive Over $1 Million in Economic Development Grants from Bank of America to Stimulate Business and Neighborhood Revitalization
November 19, 2018
Bank of America announced $1,124,000 in economic development grants given to 52 nonprofits that help stimulate local business and neighborhood revitalization in communities across Los Angeles. Nonprofits receiving the funds provide services ranging from affordable housing and community development resources to small business support and arts and culture programs that stimulate the local economy. ... read more »
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