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Jan. 21—The U.S. Small Business Administration has distributed more than $257.3 million in disaster loans for 1,391 applicants who sustained property damage from the Aug. 8 wildfires and high ...
The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance Corporation Liquidation Act" was Title I ...
Federal disaster relief and recovery was brought under the umbrella of the Department of Housing and Urban Development (HUD), in 1973 by Presidential Reorganization Plan No. 2 of 1973, [11] and the Federal Disaster Assistance Administration was created as an organizational unit within the department. This agency would oversee disasters until ...
The OIG recommended that the SBA improve its oversight and monitoring of SCORE's use of government funds, and its reporting of performance results. The OIG also recommended that the SBA recover $713,986 of unallowable and unsupported costs. [8] By 2021 SCORE began to emphasize the importance diversity, equity and inclusion in business . [9]
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The National Voluntary Organizations Active in Disaster (National VOAD, or NVOAD) is a coalition of the major national voluntary organizations in the United States that have made disaster-related work a priority. National VOAD member agencies provide skilled direct services along the continuum from disaster prevention and preparation to ...
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