Microloan Program Reform Gains Traction but Misses Important Changes

Microloan Program Reform Gains Traction but Misses Important Changes

The SBA’s Microloan Program certainly caught the eye of the 114th Congress. Advocacy efforts to reform the program, spearheaded by AEO, raised the much-needed issues of modernization and expansion to Members of Congress.

 

Earlier this month, the House passed legislation that would address some, but not all of the concerns of the microlending community. The bill, the Microloan Modernization Act (H.R. 2670), would:

 

·         Increase the microloan intermediary lending limit to $6 million.

·         Permit an SBA waiver of the 25/75 …

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FY16 Financial Services and General Government (FSSG) Appropriations

FY16 Financial Services and General Government (FSSG) Appropriations

Dear Members and Partners,

 

Below are the funding levels from the Senate Appropriations Committee-passed FY16 Financial Services and General Government (FSGG) Appropriations.  The Prime program was not funded by the Senate but in the past the House has prevailed.  The Senate cut the CDFI program and emphasized in report language that the Senate needed more data on the program’s impact.  

 

Also included in the Senate bill was a directive that the CFPB become subject to Congressional appropriations in FY17. …

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PRESS RELEASE | ASSOCIATION FOR ENTERPRISE OPPORTUNITY SEATS NEW DIRECTORS




Six Board Members to Begin Terms

 


Washington, D.C. – AEO announced that it has added six new members to its Board of Directors. The new Directors were announced during AEO's 2015 Annual Member Meeting on Friday, July 10. Two (2) members were elected in AEO's 2015 Board Elections; four (4) members were appointed. All members will begin their terms immediately.
 

“We are excited to welcome our new Directors. Their talents, leadership, and expertise will …

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AEO Welcomes New Directors

AEO Welcomes New Directors

 

AEO Board of Directors

Seated front row, from left: Claudia Viek, Daniel Delehanty*, Connie Evans*, Patricia Harris*, Rohan Mathew*, Jane Campbell
Back row, from left: Janie Barrera, Jeffrey A. Gatica, Ron Fong, Elizabeth Wilson, Julie Abrams, Samira Cook Gaines, Marjana Ababovic, Phyllis Cassidy, Jonny Price
Not pictured: Roberto Barragan, Alex Forrester, Judy Hackett, Jonathan Herman, Lisa Servon, Melanie Stern*, Gina E. Wood*


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Meet AEO in Atlanta for the 2015 Microbusiness Learning Conference

Meet AEO in Atlanta for the 2015 Microbusiness Learning Conference

 

 

Register today for AEO's 2015 Microbusiness Learning Conference, Sept. 24-Sept. 25 in Atlanta!

Sept. 24-Sept.25 | Atlanta, Georgia

AEO's 2015 Microbusiness Learning Conference is designed for front-line microbusiness professionals, and will focus on training, professional development and capacity building. The agenda is coming soon. Stay tuned!

Registration Fees:


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