Federal Reserve Chairman Jerome Powell cautioned that interest rates are likely to head higher than central bank policymakers had expected. In his remarks prepared for two appearances on Capitol Hill, Federal Reserve Chairman Jerome Powell made comments about the interest rate saying that interest rates are likely to go higherRead More
The 30-year fixed mortgage rate is now at the highest level since April 2020. If you are in the market for a new home and have not locked in your mortgage rate, that home just got more expensive. According to Mortgage News Daily, the average rate on a 30-year mortgageRead More
The application period for the 2021 Thanks and Giving Grants is now open, with a deadline on September 17, 2021, for completed applications. Greenville Federal Credit Union will award $50,000 in grants to local non-profits as part of a charitable giving initiative in the fall of 2021. The program isRead More
The White House announced on Thursday that eligible Americans would begin receiving $1,400 stimulus checks as early as this weekend when President Joe Biden signed the $1.9 trillion coronavirus stimulus package, called the American Rescue Plan, into law. According to Jen Psaki, White House Press Secretary, payments will appear asRead More
Greenville County has received funding from the Federal Coronavirus Response and Relief Supplemental Appropriations Act of 2021 funds for rent and utility assistance. Greenville County has received nearly $16 million to help eligible county residents with past-due rent and utility bills. Those in Greenville County who have lost jobs orRead More
Spartanburg county has been granted over $9 million from the federal government as part of the $1.4 trillion omnibus spending bill approved by Congress in December. The funds are all allocated to rent and utilities for city and county residents who have been affected by the pandemic. These funds willRead More
Help is on the way to families across the Greenville area as the Greenville Housing Fund received a $250,000 grant from TD Bank on Thursday. The grant will go directly to the “Home Again Partnership”, a program collaborated between the Green Building Housing Fund and United Housing Connections. “It’s impactingRead More
Spartanburg County will soon provide financial aid through the Emergency Rental Assistance Program to households that are renting out. The Emergency Rental Assistance program aims to provide relief to moderate to low-income households that are significantly affected by the COVID-19 pandemic. The U.S. Treasury Department has awarded $9.6 million toRead More
Due to the economic impact brought by the COVID-19 pandemic about 8,000 Greenville County households are struggling to keep up with their utility bills. Upstate residents have unpaid utility bills totaling $4 million. The United Way Of Greenville County in collaboration with Duke Energy, Greenville Water, and Greenville County startedRead More
Governor Henry McMaster announced two new grant programs to minority and small businesses and nonprofits. These programs will award grant funds to small and minority businesses and nonprofit organizations to reimburse qualifying expenditures for providing services or for revenue loss due to COVID-19. The application process for both programs willRead More