HUD: Disaster Assistance Announced for Iowa Survivors
The U.S. Department of Housing and Urban Development (HUD) announced the implementation of federal disaster assistance for the state of Iowa and ordered Federal assistance to State, tribal, and local recovery efforts in the areas affected by severe storms and tornadoes from April 26 to April 27, 2024. President Biden issued a major disaster declaration in the…
CDFI Fund: Application Reminders & Updates for the FY 2024 BEA Program Application Round Released
As a reminder for fiscal year (FY) 2024 Bank Enterprise Award Program (BEA Program) Applicants, the deadline for online submission of the SF-424 Mandatory through Grants.gov is May 28, 2024, at 11:59 p.m. Eastern Time (ET). This is also the deadline for creating an account for the CDFI Fund’s Awards Information Management System (AMIS) and entering…
FEMA: President Biden Approves Major Disaster Declaration for Texas
FEMA announced today that federal disaster assistance is available to the state of Texas to supplement recovery efforts in the areas affected by severe storms, straight-line winds, tornadoes and flooding beginning on April 26, 2024 and continuing. The President’s action makes federal funding available to affected individuals in Harris, Liberty, Montgomery, Polk, San Jacinto, Trinity and Walker…
CFPB: Small Business Lending Rulemaking Implementing Section 1071 Compliance Dates Adjusted
Agency has issued a final rule to implement section 1071 of the Dodd-Frank Act. In the Dodd-Frank Wall Street Reform and Consumer Protection Act, Congress directed the Bureau to adopt regulations governing the collection of small business lending data. Section 1071 of the Dodd-Frank Act amended the Equal Credit Opportunity Act (ECOA) to require financial…
HUD: Agreement Negotiated with North Carolina Office of Recovery and Resiliency to Remove Barriers to Disaster Recovery Funds
The U.S. Department of Housing and Urban Development (HUD) announced today that it has entered into a Conciliation Agreement and Voluntary Compliance Agreement (Agreement) with the North Carolina Office of Recovery and Resiliency (NCORR) resolving an allegation that NCORR discriminated in its disaster recovery programs because of race. A North Carolina resident who filed a…
FEMA: President Biden Approves Major Disaster Declaration for Massachusetts
FEMA announced today that federal disaster assistance is available to the Commonwealth of Massachusetts to supplement recovery efforts in the areas affected by severe storms and flooding from Sept.11-13, 2023. The President’s action makes federal funding available to affected individuals in Bristol and Worcester counties. Assistance can include grants for temporary housing and home repairs, low-interest…
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: Nearly $40 Million Awarded to Expand Housing Counseling for Underserved Communities
Vice President Harris and Acting Secretary Todman announced this funding, which will help to bridge the racial homeownership gap and foster the next generation of homeowners. Today, Vice President Kamala Harris and HUD Acting Secretary Adrianne Todman announced that the Biden-Harris Administration is awarding nearly $40 million to expand comprehensive housing counseling services for homebuyers,…
FHFA: Input Requested on FHLBank System Mission
Today, the Federal Housing Finance Agency (FHFA) issued a Request for Input (RFI) on the mission of the Federal Home Loan Bank (FHLBank) System as the Agency considers next steps for related rulemakings. The RFI provides an opportunity for the public to provide feedback on a core recommendation of FHFA’s Federal Home Loan Bank System at…
HUD: Proposed Rulemaking Issued to Modernize the Country’s Largest Affordable Housing Grant Program, Making Housing More Accessible for Families Nationwide
The Notice of Proposed Rulemaking for HUD’s HOME Investment Partnerships Program would boost housing supply, support homeownership, and reduce burden on states and local governments. The U.S. Department of Housing and Urban Development (HUD) published a preview of a Notice of Proposed Rulemaking to modernize regulations for the HOME Investment Partnership Program (HOME), with publication…