CFPB: New Report Highlights Consumer Frustrations with Credit Card Rewards Programs
Consumers report losing benefits to devaluation, limited redemption opportunities, and vague or hidden terms and conditions The Consumer Financial Protection Bureau (CFPB) issued a new report finding consumers encounter numerous problems with credit card rewards programs. Consumers tell the CFPB that rewards are often devalued or denied even after program terms are met. Credit card companies focus…
HUD: Harvard University Wins HUD’s 2024 Innovation in Affordable Housing Student Design and Planning Competition
Student teams shine in affordable housing solutions: UC Berkeley and University of Maryland also recognized in HUD’s design and planning competition. The U.S. Department of Housing and Urban Development (HUD) announced a graduate student team with members from Harvard University as the winners of HUD’s eleventh annual Innovation in Affordable Housing Student Design and Planning Competition….
HUD: $750,000 Invested to Boost Energy Efficiency and Climate Resilience for Low-Income Senior Housing in Tennessee
The grant will finance renovations to make residents’ homes safer and help combat the nation’s climate crisis. Today, the U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs, announced it has completed a $750,000 grant transaction under the Green and Resilient Retrofit Program (GRRP) with Wesley Living of Tennessee. The transaction…
HUD: New Rule Issued to Revitalize Housing Voucher Program
This Rule increases efficiency and creates opportunities for housing providers to preserve and grow the supply of affordable housing. Today, the U.S. Department of Housing and Urban Development (HUD) announced the publication of a new rule implementing portions of the Housing Opportunity Through Modernization Act of 2016 (HOTMA). Principal Deputy Assistant Secretary for Public and Indian Housing…
HUD: $5.5 Billion in Grants Announced for Affordable Housing, Community Development and Homeless Assistance to Drive Economic Growth
Funding empowers 1,200 communities: addressing urgent local needs, boosting economic growth, enhancing community resilience, creating jobs, and advancing housing solutions. The U.S. Department of Housing and Urban Development (HUD) today announced $5.5 billion in funding that will go to 1,200 communities through more than 2,400 grants to States, urban counties, insular areas, DC, Puerto Rico, and localities…
EDA: $3.4 Million Invested for Building Renovations to Support Job Creation and Business Development in Charleston, WV
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.4 million grant to Advantage Valley, Inc., for renovations to the former Vossloh Track Building. This grant will support job creation and private investment by attracting new businesses to the region. This EDA investment will be matched with…
EDA: $3.1 Million Invested for Water Infrastructure Improvements in Lancaster, SC
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.1 million grant to the city of Lancaster, South Carolina, for water infrastructure improvements. This grant will provide increased water and sewer access to local businesses and first responders in downtown Lancaster. This EDA investment will be matched…
EDA: $3 Million Invested for Irrigation Infrastructure Improvements in Jemez Pueblo, MN
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Pueblo of Jemez in Jemez Pueblo, New Mexico, for irrigation infrastructure improvements on Tribal land. This grant will expand water supplies for the local farming community and food vendors following a series of…
EDA: $2.2 Million Invested for High-Speed Internet Access on Tribal Land in Louisiana
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.2 million grant to the Coushatta Tribe of Louisiana in Elton, Louisiana, to construct fiber optic cable on Tribal land in both Allen and Jefferson Parish. This grant will construct fiber optic cable along U.S. 165, bringing high-speed…
EDA: $600,000 Invested to Bolster Business Growth in Tulare, CA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,000 grant to the city of Tulare, California, to make building renovations to accommodate new business growth and startup expansion. This grant will support the creation of a fabrication facility which will house 3D printers, laser cutters, and other equipment small businesses…