FEMA: President Biden Approves Major Disaster Declaration for West Virginia
FEMA announced today that federal disaster assistance has been made available to the state of West Virginia to supplement recovery efforts in the areas affected by severe storms, flooding, landslides and mudslides from Aug. 28-30, 2023. The President’s action makes federal funding available to affected individuals in Boone, Calhoun, Clay, Harrison and Kanawha counties. Assistance can…
FEMA: President Biden Approves Major Disaster Declaration for Maine
FEMA announced today that federal disaster assistance has been made available to the state of Maine to supplement recovery efforts in the areas affected by severe storms and flooding from Dec. 17-21, 2023. The President’s action makes federal funding available to affected individuals in Androscoggin, Franklin, Kennebec, Oxford and Somerset counties. Assistance can include grants…
FEMA: President Biden Approves Major Disaster Declaration for New York
FEMA announced that federal disaster assistance has been made available to the state of New York to supplement recovery efforts in the areas affected by a severe storm and flooding from Sept. 28-30, 2023. Public assistance federal funding is available to the state, eligible local governments and certain private nonprofit organizations on a cost-sharing basis for…
FEMA: Nine Tennessee Counties Approved for FEMA Public Assistance in Response to December 2023 Disaster
At the request of Gov. Bill Lee, FEMA has authorized Public Assistance funding for nine counties affected by the Dec. 9, 2023, tornadoes and storms. The counties are Cheatham, Davidson, Dickson, Gibson, Montgomery, Robertson, Stewart, Sumner and Weakley. The designation means FEMA can reimburse eligible applicants for the cost of debris removal, emergency response to…
FHFA: House Price Index Up 0.3 Percent in November 2023; Up 6.6 Percent from Last Year
U.S. house prices rose in November, up 0.3 percent from October, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House prices rose 6.6 percent from November 2022 to November 2023. The previously reported 0.3 percent price increase in October remained unchanged. For the nine census divisions, seasonally adjusted monthly price changes from…
FHFA: 2024 Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions Released
Today, the Federal Housing Finance Agency (FHFA) released the 2024 Scorecard for Fannie Mae and Freddie Mac (together, the Enterprises) and their joint venture, Common Securitization Solutions, LLC (CSS). Annually, FHFA releases a Scorecard to communicate and provide public awareness of its priorities and expectations for the Enterprises and CSS. “The annual Scorecard requires that…
HUD: $3.16 Billion in Homelessness Assistance Funding Awarded to Communities Nationwide
Grant awards to over 7,000 projects represent the largest amount of annual federal funding provided through HUD’s Continuum of Care program in history, expanding housing and services projects for people experiencing homelessness, including survivors of domestic violence, dating violence, stalking, and sexual assault The U.S. Department of Housing and Urban Development (HUD) announced nearly $3.16…
OCC: Comments Requested on Proposed Rulemaking and Policy Statement on Bank Mergers
The Office of the Comptroller of the Currency (OCC) today requested comment on a proposal to update its rules for business combinations involving national banks and federal savings associations. The proposal also includes a policy statement to clarify the OCC’s review of applications under the Bank Merger Act (BMA). The proposed rulemaking is part of…
OCC: Notice of Proposed Rulemaking Issued on Business Combinations Under the Bank Merger Act
The Office of the Comptroller of the Currency (OCC) is proposing to amend its rules for business combinations involving national banks and federal savings associations in 12 CFR 5.33 and add as an appendix to 12 CFR 5, subpart C, a policy statement, titled “Policy Statement Regarding Statutory Factors Under the Bank Merger Act,” that…
HUD: Over $39 Million Awarded to Protect Families from Home Health and Safety Hazards
Funding to make low-income families’ homes safer and healthier The U.S. Department of Housing and Urban Development (HUD) today awarded over $39 million to city, county, and Native American tribal governments, and non-profit organizations, in 15 states to protect children and families from home health hazards. HUD is providing these grants through its Healthy Homes…