National Urban League

Wells Fargo Expands Down Payment Grant Program to Help Bridge Homeownership Gap

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星期四, 四月 25, 2024

Finance, Banking, Professional Services, Residential Building & Real Estate, Construction & Property, National Urban League, Wells Fargo, SPCP, Consultant, Senior counsel, Multimedia, UnidosUS, Real estate

Wells Fargo Home Lending announced today the expansion of its $10,000 Homebuyer Access grant program to additional communities in the eight metropolitan areas where the program was launched in 2023.

Key Points:

Wells Fargo Home Lending announced today the expansion of its $10,000 Homebuyer Access grant program to additional communities in the eight metropolitan areas where the program was launched in 2023.
The grant funds can only be used toward the down payment on a Wells Fargo fixed-rate conventional loan secured by a property that will be the purchaser’s primary residence.
Homebuyers who are eligible for the Homebuyer Access grant can combine the grant with many other programs for which they may qualify, including Wells Fargo’s Dream.
Investing $60 million in Wealth Opportunities Realized Through Homeownership (WORTH) grant funding from 2022 to 2025 through the Wells Fargo Foundation.

Professional Diversity Network, Inc. Announces Financial Results for the Quarter and Fiscal Year Ended December 31, 2023

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星期五, 三月 29, 2024

CFL, National Urban League, Three Months, PDN, Partnership, History, Table, Workforce, Security, Optimism, Airline

“2023 was a challenging year for PDN, considering the optimism we had as we closed out fiscal 2022.

Key Points:

“2023 was a challenging year for PDN, considering the optimism we had as we closed out fiscal 2022.
We are looking to penetrate these strategic areas as the need for diversification in the workforce is still in demand.
On December 31, 2023, cash balances were approximately $628,000 as compared to $1,237,000 on December 31, 2022.
Financial Results for the Year Ended December 31, 2023
Total revenues for the year ended December 31, 2023 decreased approximately $615,000, or 7.4%, to approximately $7,699,000 from approximately $8,314,000 during the prior year.

Paychex Recognized for Excellence in Health & Well-being by Business Group on Health

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星期二, 四月 9, 2024

For the 10th time, Paychex has been recognized for the company’s commitment to providing comprehensive and innovative benefits programs that advance the health and well-being of over 16,000 employees.

Key Points:

For the 10th time, Paychex has been recognized for the company’s commitment to providing comprehensive and innovative benefits programs that advance the health and well-being of over 16,000 employees.
Paychex is also one of 10 companies to earn additional acknowledgment for a commitment to employees’ emotional well-being through mental health programs.
“This is the 10th time Paychex has been honored by Business Group on Health for delivering strategic health and well-being programs that support our employees,” said John Gibson , Paychex president and CEO.
“In addition, their novel and impactful approaches focused on critical workforce issues, such as mental health and health equity.

The Urban League of Union County Secures $1.6 Million Dollar Funding to Expand Vital Community Initiative

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星期二, 三月 26, 2024

Workforce, National Urban League, Bob Menendez, Congress, Tourism

The funds will be used in the continuing development of the Urban League of Union County's Workforce Project.

Key Points:

The funds will be used in the continuing development of the Urban League of Union County's Workforce Project.
Using its portion of the budget earmarked for Community Project Funding, The Urban League of Union County intends on acquiring and constructing a state of the art facility dedicated to workforce development programs for underserved communities, including low income individuals and returning citizens in Union County.
Rob Menendez in 2023 and strongly supported by Senator Bob Menendez, this initiative marks a significant milestone for the Urban League of Union County, coinciding with its 80th anniversary.
"This funding represents a transformative opportunity for our organization and the communities we serve," said Crystal Orr, President/CEO of the Urban League of Union County.

Readout of SBA Administrator Guzman’s Meeting with Young Black Entrepreneurs at the White House

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星期二, 二月 27, 2024

Organization, Commerce, Interview, National Urban League, SBA, Entrepreneurship, White

WASHINGTON, Feb. 27, 2024 (GLOBE NEWSWIRE) -- On February 26, Administrator Isabel Casillas Guzman met with young Black entrepreneurs during a roundtable discussion at the White House and discussed the Biden-Harris Administration's commitment to uplifting and providing resources to Black-owned small businesses.

Key Points:

WASHINGTON, Feb. 27, 2024 (GLOBE NEWSWIRE) -- On February 26, Administrator Isabel Casillas Guzman met with young Black entrepreneurs during a roundtable discussion at the White House and discussed the Biden-Harris Administration's commitment to uplifting and providing resources to Black-owned small businesses.
At the roundtable, Administrator Guzman shared updates on the SBA’s ongoing efforts to empower Black entrepreneurs across the nation, from more than doubling the amount and dollar value of SBA loans to Black-owned businesses to forging new partnerships with organizations like the U.S. Black Chambers of Commerce and the National Urban League.
Administrator Guzman also discussed how the Biden-Harris Administration’s Small Business Boom is being led by Black communities with Black business ownership growing at its fastest rate in more than three decades and the rate of Black households that own a business having more than doubled.
For follow-up interview requests for Administrator Guzman, please contact Rebecca Galanti at [email protected] .

Professional Diversity Network (PDN) Hosts Successful Virtual Career Fair for National Urban League (NUL), Celebrating Black History Month

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星期四, 二月 22, 2024

Black History Month, NUL, PDN, Workforce, Cox Communications, National Urban League

CHICAGO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ: IPDN) (“PDN” or the “Company”), a developer and operator of online and in-person networks that provide access to networking, training, educational, and employment opportunities for diverse individuals, today announced the return of the highly successful virtual career fair produced by the National Urban League (NUL), in honor of Black History Month.

Key Points:

CHICAGO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ: IPDN) (“PDN” or the “Company”), a developer and operator of online and in-person networks that provide access to networking, training, educational, and employment opportunities for diverse individuals, today announced the return of the highly successful virtual career fair produced by the National Urban League (NUL), in honor of Black History Month.
The event, which took place on February 15th, featured virtual booths from 40 employers offering opportunities across various industries.
With the support of PDN's innovative IQ sourcing model, the event attracted nearly 4,000 registered candidates from diverse backgrounds, industries, and skill sets, more than double the registrations from the Black History Month event hosted the previous year.
PDN remains dedicated to empowering individuals from all backgrounds to achieve their professional aspirations.

Paychex Named One of The World’s Most Ethical Companies® by Ethisphere for 16th Time

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星期一, 三月 4, 2024

This marks the 16th time Paychex has been recognized since the program began in 2007.

Key Points:

This marks the 16th time Paychex has been recognized since the program began in 2007.
“Companies that elevate best-in-class cultures of ethics and integrity set a standard for corporate citizenship for their peers and competitors to follow.
In order to achieve this purpose, we will continue to have an unwavering commitment to operating our business with the highest ethical standards.
Last fiscal year, in (FY23), 61% of Paychex employees were female and 53.5% of leadership roles within Paychex were held by women.

National Institute for Innovation and Technology President & CEO Michael Russo Appointed to U.S. Labor Secretary's Advisory Committee on Apprenticeship (ACA)

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星期四, 三月 7, 2024

USDOL, Innovation, National Education Association, Ras, ACA, Equity, Policy, Registered apprenticeship, RTI, Workforce, Trade, National Urban League, Advisory Committee, Employment, Management

HANOVER, Md., March 7, 2024 /PRNewswire/ -- In acknowledgment of his decades of subject-matter expertise in workforce development and semiconductor manufacturing, the National Institute for Innovation and Technology's President & CEO Mike Russo was appointed this week to the U.S. Acting Secretary of Labor's ACA.

Key Points:

"It is an honor to be appointed to the Acting Secretary of Labor Julie Su's advisory committee for apprenticeships.
"The newly appointed members of the Advisory Committee on Apprenticeship offer unique perspectives, which the Department of Labor will leverage to develop strategies that drive innovation in apprenticeship.
The community college district worked alongside industry employers, the Institute, and other stakeholders to create the RA program.
The district's Chancellor Lee D. Lambert was one of the 30 individuals appointed to the committee.

NEW YORK CITY REGIONAL CENTER-MANAGED ENTITY PROVIDES $19 MILLION FOR THE ARMORY TRACK & FIELD COMPLEX IN WASHINGTON HEIGHTS

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星期三, 二月 28, 2024

DREAM, The Armory Foundation, Community development, Economic development, Investment, Computer science, KIPP, Expansion, Millrose Games, Congress, Treasury, Athlete, National Urban League, Atlanta Public Schools, Fair

NEW YORK, Feb. 28, 2024 /PRNewswire/ -- New York City Regional Center is pleased to announce the closing of $19,000,000 in New Market Tax Credit financing to help fund building upgrades and ongoing operating expenses at the Armory Nike Track & Field Center in Washington Heights.

Key Points:

NEW YORK, Feb. 28, 2024 /PRNewswire/ -- New York City Regional Center is pleased to announce the closing of $19,000,000 in New Market Tax Credit financing to help fund building upgrades and ongoing operating expenses at the Armory Nike Track & Field Center in Washington Heights.
The Armory Foundation oversees the premier indoor track & field center in America and hosts over 100 track meets annually including the marquee Millrose Games.
The Armory College Prep High School Program provides college prep and academic counseling services to hundreds of under resourced New York City public high school students.
Private capital is incentivized by providing federal income tax credits to investors in exchange for making equity investments in low-income neighborhoods.

City Furniture Selects Elite Rewards "Sales Vendor of the Year" 2023

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星期二, 二月 20, 2024

Merchandising, American Cancer Society, American Heart Association, Organic, Mastercard, National Urban League, COVID, Elite, Humanity, GWP, Partnership

ST. PETERSBURG, Fla., Feb. 20, 2024 /PRNewswire/ -- Elite Rewards, a consumer incentive marketing company based in Tampa, Florida received City Furniture's "Sales Vendor of the Year" Award for 2023 presented by CEO Andrew Koenig for its continued partnership and success growing business through its "Test Rest – Get & Give" and Gift with Purchase (GWP) programs.

Key Points:

"Elite Rewards is always looking to evolve what customers desire as a gift, they're innovative and timely.
City Furniture also recognized Elite for its success in increasing conversion of in-store traffic into additional sales utilizing Elite's "Test Rest – Get & Give'' mattress program.
City Furniture introduced the concept of "Get $25, Give $25", to customers testing mattresses while visiting the store.
Those wishing to learn more about Elite Rewards, please visit www.eliterewards.biz , or contact J.B. Siegel, Press contact at [email protected] , tel: 727-543-8100.