OCC: FFIEC 2024 “A Guide to HMDA Reporting: Getting It Right!” Released
The Office of the Comptroller of the Currency (OCC) is announcing the issuance of the Federal Financial Institutions Examination Council’s (FFIEC) revised “A Guide to HMDA Reporting: Getting it Right!” (2024 guide). The 2024 guide provides resources to help banks1 comply with the Home Mortgage Disclosure Act (HMDA) and Regulation C, its implementing regulation (12 CFR…
FEMA: President Biden Approves Major Disaster Declaration for Oklahoma
FEMA announced that federal disaster assistance is available to the state of Oklahoma to supplement recovery efforts in the areas affected by severe storms, straight-line winds, tornadoes and flooding from May 19-28, 2024. The President’s action makes federal funding available to affected individuals in Blaine, Caddo, Custer, Delaware, Jackson, Mayes, Muskogee and Rogers counties. Assistance can…
HUD: Support Expanded for Housing Counseling Services in Tribal Communities
Final rule expands Tribal participation in HUD-approved housing counseling by removing unique impediments to counselor certification. Today, the U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling announced that it published a final rule outlining housing counselor certification requirements for housing counseling conducted in connection with the Indian Housing Block Grant (IHBG) and the…
FHFA: 2023 Report to Congress Issued
The Federal Housing Finance Agency (FHFA) today released its 2023 Report to Congress. The statutorily-required report provides information about the Agency’s 2023 examinations of Fannie Mae, Freddie Mac (the Enterprises), the 11 Federal Home Loan Banks (FHLBanks), and the FHLBanks’ joint Office of Finance. It also describes FHFA’s actions as conservator of Fannie Mae and Freddie…
EDA: $2.7 Million Invested to Support Business Growth in Perryton, TX
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.7 million grant to the city of Perryton, Texas, to support business growth following natural disasters in the region. This grant will create the Rebuild Perryton Incubator, converting an existing building into commercial space for local businesses impacted…
Census Bureau: Household Pulse Survey Phase 4.1 Monthly Data Released
The U.S. Census Bureau today released new data from Phase 4.1 of the experimental Household Pulse Survey (HPS). The HPS is an effort by the Census Bureau and other federal statistical agencies to measure how emergent issues are impacting U.S. households from a social and economic perspective. Topics for Phase 4.1 include employment status, spending, food security,…
HUD: Agency Takes Action to Protect Families Against Extreme Heat
Interagency initiative focuses on equitable distribution of the Administration’s historic investments Today, the U.S. Department of Housing and Urban Development (HUD) announced new guidance on the use of HUD funding to help mitigate the impacts of extreme heat for nearly 1.6 million residents in public housing especially for those most vulnerable, including older Americans, infants…
FEMA: President Biden Approves Major Disaster Declaration for Idaho
FEMA announced that federal disaster assistance has been made available to the state of Idaho to supplement state, tribal and local recovery efforts in the areas affected by a severe storm, flooding landslides and mudslides from April 14-15, 2024. Public assistance federal funding is available to the state, tribal and eligible local governments and certain…
SBA: Extension of Moratorium Announced on 8(a) Eligibility Requirement for Small Disadvantaged Businesses
Bona Fide Place of Business Moratorium Extension Until Sept. 30, 2025, Will Increase the Opportunity for SDBs to Grow Their Businesses Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced that the moratorium on the 8(a) Business Development Program’s Bona…
SBA: $30 Million in Grant Funding Announced for New Women’s Business Centers
Under the Biden-Harris Administration, SBA Has Expanded WBCs to Over 150 Nationwide in All 50 States, Washington, D.C., and Puerto Rico Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced four funding opportunities for Women’s Business…