Federal Reserve Issues FOMC Statement
The Federal Open Market Committee announced its decision to maintain the target range for the federal funds rate at 0 to 1/4 percent.
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Economic Projections from FOMC Meeting Released
Recently released data summarize the economic projections made by Federal Open Market Committee (FOMC) participants in conjunction with this month’s FOMC meeting.
Read MoreRegulators Request Comment on Flood Insurance Information
Regulators have requested public comment on proposed questions and answers regarding private flood insurance, which is intended to help lenders comply with a rule implementing past private flood insurance provisions.
Read MoreFed Issues Rule Supporting Program Implementation
Regulators have announced an interim final rule supporting the Treasury Department’s implementation of a program established by Congress to make capital investments in minority depository institutions and community development financial institutions.
Read MoreFed Clarifies Definitions Guidance
The Federal Reserve has clarified guidance relating to definitions for minority depository institutions, expanded the definition to include women-owned financial institutions, and highlighted resources available to these banks through its Partnership for Progress program.
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C. David Moody From Broke to Billions
C. David Moody is definitely a survivor. Despite experiencing sudden panic attacks, a complete nervous breakdown and years of post traumatic stress disorder (PTSD) Moody is continuing on his path to healing and business success! When C. David Moody struck out on his own in 1988, he and his wife were in debt, struggling to make ends meet, and working out of their bedroom. Over thirty years later, C.D. Moody Construction is a thriving enterprise that has completed over 200 commercial projects worth almost $3 billion. The company’s growth coincided…
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Cam Kirk Launches Collective Gallery, A Record Label-Style Company For Photographers
(Black PR Wire) It took Cam Kirk just one semester of biology to realize he didn’t want to become a doctor. Before the Morehouse grad established himself as one of the most sought-after photographers in hip-hop, he filtered through other career paths. Concert promotion seemed like a viable option after he successfully booked Wiz Khalifa for a show in Atlanta. But the decision to purchase a camera so he could better market future concerts and events was the catalyst behind his current role. Building clientele was virtually effortless for Kirk.…
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Affordable Housing Units for Legacy Renters
ATLANTA , February 2, 2018 – Mayor Keisha Lance Bottoms announced today another step forward in mitigating the displacement of legacy renters in Atlanta’s Historic Westside, one of the City’s most vulnerable communities. In support of her $1 billion public-private Affordable Housing Initiative, Mayor Bottoms, with the Westside Future Fund (WFF), announced that 51 new and soon-to-be renovated housing units will be available to legacy renters, particularly those who are most at-risk and currently underserved in the market – such as senior citizens on fixed-incomes and full-time low wage earners.…
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Common Purpose: Basis for Social Contract
By Reginald D. Maisonneuve The measure of a society’s success is not gross domestic product (GDP) or the level of its stock indices. It is in the fulfillment of its peoples potential as individuals and collectively as families, communities and as a nation. Sadly, we don’t measure how effectively society nurtures, liberates and achieves it. We can and should. Poverty, crime, incarceration rates, homelessness, drop-out rates, the incidence of disease, un and under-employment, pollution levels, economic and educational inequality are among measures of a society’s falling short of its potential…
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CEOs Come Together to Show Commitment to Westside
On Wednesday, January 17, a group of nearly 30 CEOs and civic leaders came together on Atlanta’s Westside to discuss how they can help restore and uplift the historic community. The setting? Chick-fil-A’s new restaurant on the corner of Martin Luther King, Jr. Drive and Joseph E. Lowery Boulevard in Vine City. As Chick-fil-A’s first Westside location, the structure signals both a continued revitalization of the corridor as well as an outward expression of Chick-fil-A’s ongoing commitment to the children and families in the surrounding neighborhoods. Chick-fil-A at Vine City has already provided 90 jobs, with 70 percent of those going…
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