Financial Services

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  • USDA GRANT HITS CLOSE TO HOME FOR RESIDENTS LIVING IN STARR COUNTY
    Posted in Press Release on October 19, 2007 | Preview rr
    Tags: Financial Services

    Today Congressman Henry Cuellar, together with the United States Department of Agriculture Rural Development Housing Program and officials from Starr County, announced the awarding of a grant totaling $250,000. The money will be used to rehabilitate 50 individual houses owned and occupied by very-low and low income individuals in Starr County. Congressman Cuellar says this unprecedented award will go a long way in providing families with better living conditions. “Living in a safe and healthy h... Read more

  • HOUSING AND URBAN DEVELOPMENT (HUD) GRANTS TO ASSIST LAREDOANS WITH HOME OWNERSHIP, BETTER LIVING CONDITIONS, AND HOMELESS SHELTER IMPROVEMENTS
    Posted in Press Release on October 12, 2007 | Preview rr
    Tags: Financial Services

    Today Congressman Henry Cuellar, together with the City of Laredo Mayor Raul Salinas, announced the awarding of four federal grants totaling more than $5.1 million to fund four separate programs in Laredo. U.S. Housing and Urban Development awarded $12,841.00 to the American Dream Down-Payment Initiative (ADDI); $3,711,664.00 to the Community Development Block Grant (CDBG); $160,079.00 to the Emergency Shelter Grant program; and $1,290,876.00 to the HOME program.The American Dream Down-Payment I... Read more

  • HUD GRANTS TO ASSIST BEXAR COUNTY AND SAN ANTONIO RESIDENTS WITH HOME OWNERSHIP, AFFORDABLE HOUSING, BETTER LIVING CONDITIONS, AND MORE SERVICES FOR PEOPLE AFFLICTED WITH AIDS/HIV
    Posted in Press Release on October 12, 2007 | Preview rr
    Tags: Financial Services

    Today Congressman Henry Cuellar (D-Laredo), Congressman Charlie Gonzalez (D-San Antonio), Congressman Ciro Rodriguez (D-Laredo) and Congressman Lamar Smith (R-San Antonio) announced the awarding of eight federal grants totaling more than $25.5 million to fund five separate programs in Bexar County and San Antonio. U.S. Housing and Urban Development (HUD) awarded $9,514.00 to Bexar County and $112,715.00 to San Antonio for the American Dream Down-Payment Initiative (ADDI); $1,782,661.00 to Bexar ... Read more

  • Expanding Access to Capital for Business Owners
    Posted in Op-Eds on September 27, 2007 | Preview rr
    Tags: Financial Services

    Washington, DC- As a member of the House Committee on Small Business, I am pleased to help create and shape the legislative policies that govern the Small Business Administration (SBA). The private business sector in the United States is composed of businesses of all shapes, sizes, and models. Easy access to capital is often a problem for many business concerns, and it is for this reason that the SBA offers many programs to address this need.It is consistently more difficult for a new business t... Read more

  • CONGRESSMAN HENRY CUELLAR COMMENDS THE COLLABORATION TO BRING NEEDED FUNDS TO THE CITY OF PHARR
    Posted in Press Release on March 27, 2007 | Preview rr
    Tags: Agriculture, Financial Services, Energy Independence

    This afternoon, the North American Development Bank and Border Environment Cooperation Commission Board of Directors certified that $19 million will be awarded to improve wastewater collection in the City of Pharr. The funds were received from the Bank’s Border Environment Infrastructure Fund (BEIF), which provides grants to make water and wastewater projects in the border region affordable to residents. “I applaud the efforts of the BEIF in the awarding of these funds, and commend Mayor Palacio... Read more

  • CONGRESSMAN HENRY CUELLAR ANNOUNCES $720,000 FOR ACCION
    Posted in Press Release on March 19, 2007 | Preview rr
    Tags: Financial Services

    Today, Congressman Henry Cuellar announced that ACCION Texas has been awarded $720,000 from the Economic Development Administration (EDA). ACCION is a statewide non-profit organization aimed at helping small businesses that have difficulty getting loans from banks. “These funds will help potential Laredo and Webb County business owners obtain the resources needed to start their businesses,” said Congressman Cuellar. “The creation and success of small businesses are economically necessary for our... Read more

  • CONGRESSMAN HENRY CUELLAR COSPONSORS BILL TO HELP COLLEGE-BOUND STUDENTS
    Posted in Press Release on March 19, 2007 | Preview rr
    Tags: Financial Services

    Today, Congressman Henry Cuellar, along with Congressman Ric Keller (FL-08), introduced the One-Stop Student Financial Aid Information Act of 2007. The bill aims to ensure that students with an interest in postsecondary education have the best access to information about different forms of financial aid offered by the federal government. “I believe that students should be aware of the opportunities they have,” said Congressman Cuellar. “The costs of going to college are increasing, and students ... Read more

  • Working To Expand Small Business Contracting
    Posted in Op-Eds on March 1, 2007 | Preview rr
    Tags: Financial Services

    Small businesses create 75 percent of all new employment opportunities and make up 99 percent of all employers. They account for nearly half of all sales revenues nationwide. Given the vast scope of the small business sector, improvements in it have ramifications throughout the State of Texas and across the nation. There is an avenue to improvement: the federal procurement market, as it holds the potential to grow our nation’s small businesses. Recently I have held small business contracting wor... Read more

  • CONGRESSMAN CUELLAR VOTES TO CUT TAXES ON SMALL BUSINESSES
    Posted in Press Release on February 16, 2007 | Preview rr
    Tags: Tax Relief, Financial Services

    Today, Congress passed H.R. 976, Small Business Tax Relief Act of 2007, which Congressman Henry Cuellar voted in favor of. This bipartisan bill provides for $1.3 billion in tax cuts that are specifically designed to help small businesses invest in new equipment and promote hiring of disadvantaged workers. H.R. 976 will help small businesses to grow and hire new workers, keeping our economy strong. “This bill is a direct result of Democrats and Republicans putting aside partisan rancor and findin... Read more

  • CONGRESSMAN HENRY CUELLAR APPOINTED TO SMALL BUSINESS COMMITTEE
    Posted in Press Release on January 24, 2007 | Preview rr
    Tags: Tax Relief, Financial Services

    Today, Congressman Henry Cuellar was selected to serve as a member of the United States House of Representatives Small Business Committee. “I look forward to working with my new colleagues in the Small Business Committee,” noted Congressman Cuellar. “The Small Business Committee plays a crucial role in ensuring that our nation’s economy continues to grow and prosper. Small businesses are the backbone of the American economy; they represent 99.7 percent of all employer firms, employ half of all p... Read more