FHFA: U.S. House Prices Rise 5.7 Percent Over the Last Year; Up 0.9 Percent from the First Quarter 2024
U.S. house prices rose 5.7 percent between the second quarter of 2023 and the second quarter of 2024, according to the Federal Housing Finance Agency (FHFA) House Price Index (FHFA HPI®). House prices were up 0.9 percent compared to the first quarter of 2024. FHFA’s seasonally adjusted monthly index for June was down 0.1 percent from May. “U.S. house prices saw…
EDA: $3 Million Invested to Expand Workforce Training in Franklin County, IA
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to North Iowa Area Community College in Mason City, Iowa, to expand workforce training in key industries. This grant will construct a new continuing education training center in Franklin County to strengthen the regional workforce…
EDA: $1.2 Million Invested to Support Tourism and Business Growth in Cuero, TX
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the Cuero Chamber of Commerce, Agriculture & Visitor’s Bureau in Cuero, Texas, to support tourism and business growth in the region. This grant will renovate an existing building to create a visitor’s center, events…
CFPB: Report Finds Large Retail Chains Charging Cash-Back Fees to Customers Using Debit and Prepaid Cards
Closures of banks have created conditions for major dollar store chains to charge for cash back Today, the Consumer Financial Protection Bureau (CFPB) published a new report finding Americans are paying tens of millions of dollars in fees to access their own money when getting “cash back” at large retail stores when making a purchase…
HUD: More Than $10 Million Announced to Help End Homelessness Among Native American Veterans
New funding will help Native American veterans facing homelessness access and maintain quality, affordable housing The U.S. Department of Housing and Urban Development (HUD) today announced more than $10 million to provide rental assistance and supportive housing services to Native American veterans who are experiencing or at risk of homelessness. Federal investment in Native American…
HUD: Disaster Aid Offered to New Hampshire Victims
Federal aid supports state, Tribal and local recovery for July 2024 storms The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the State of New Hampshire and ordered federal aid to supplement state and local recovery efforts in the areas affected by a severe storms and…
CDFI Fund: CDFI Equitable Recovery Program Technical Assistance Workshops Available
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) will be conducting a series of regional workshops to provide technical assistance to CDFI Equitable Recovery Program (CDFI ERP) Award Recipients. The in-person workshops will consist of interactive sessions structured around CDFI ERP requirements and Recipient needs. The goal of the workshops…
FEMA: President Biden Approves Disaster Declaration for Montana
FEMA announced that federal disaster assistance is available for the state of Montana to supplement recovery efforts in the areas affected by straight-line winds that occurred on July 24, 2024. Public Assistance federal funding is available to state, eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergency work and the…
HUD and Census Bureau: New Residential Sales Report Released for July 2024
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for July 2024: New Home SalesSales of new single-family houses in July 2024 were at a seasonally adjusted annual rate of 739,000, according to estimates released jointly today by the U.S. Census Bureau and…
HUD: Agreement Negotiated with Harris County, TX to Ensure Equitable Use of Disaster Recovery Funds
New agreement requires County to notify those targeted by a mandatory buyout program of their rights and requires HUD oversight of any proposal to use HUD funds for a mandatory buyout The U.S. Department of Housing and Urban Development (HUD) announced today that it has entered into a Voluntary Compliance Agreement/Conciliation Agreement (Agreement) resolving allegations…