OCC: Acting Comptroller Discusses Open Banking
Acting Comptroller of the Currency Michael J. Hsu today discussed the Office of the Comptroller of the Currency’s (OCC) approach to open banking in remarks at FDX Global Summit Spring 2023 in Raleigh, N.C. In his remarks, the Acting Comptroller highlighted the evolution of open banking and its potential impact on the OCC’s supervision in…
FEMA: New Members Sought for FEMA National Advisory Council
FEMA is seeking qualified individuals to lend their expertise and serve on the agency’s National Advisory Council. The council includes a geographically diverse and substantive cross-section of 40 members who advise the FEMA Administrator on all aspects of emergency management, ensuring input from, and coordination with, state, local, tribal and territorial governments, as well as the…
FEMA: Additional California Counties Now Eligible for Disaster Assistance
Residents of San Bernardino County are now eligible for federal disaster assistance through FEMA. In addition, Alpine, Fresno, Kings, Merced, Sierra and Trinity counties are now eligible for Public Assistance, which reimburses local and state government agencies for the costs of emergency response, debris removal and restoration of disaster damaged public facilities and infrastructure. The additional counties were added to the…
HUD: $486 Million in Grants and $43 Million for Stability Vouchers Announced to Address Unsheltered and Rural Homelessness
Sixty-two communities in total will receive grants and vouchers to implement coordinated approaches to addressing unsheltered homelessness and homelessness in rural areas WASHINGTON – Today, the U.S. Department of Housing and Urban Development (HUD) is announcing the second set of communities to receive grants and housing vouchers to address homelessness among people in unsheltered settings…
FEMA: President Biden Approves Major Disaster Declaration for Indiana
FEMA announced that federal disaster assistance has been made available to the state of Indiana to supplement state and local recovery efforts in the areas affected by severe storms, straight-line winds and tornadoes from March 31-April 1. The President’s action makes federal funding available to affected individuals in Allen, Benton, Clinton, Grant, Howard, Johnson, Lake,…
HUD: First-Ever HUD Tribal Intergovernmental Advisory Committee Meeting Convened
U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge hosted HUD’s first-ever Tribal Intergovernmental Advisory Committee (TIAC) meeting at the Robert C. Weaver Federal Building. The two-day convening included Tribal leaders from across the continental United States and Alaska that make up the HUD Tribal Intergovernmental Advisory Committee. The meeting focused on…
OCC: FFIEC’s 2023 “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!” (2023 guide). The 2023 guide provides resources to help banks1 comply with the Home Mortgage Disclosure Act (HMDA) and Regulation C, its implementing regulation (12 CFR…
Census Bureau: New “Community Resilience Estimates for Heat” Experimental Data Product Released
The U.S. Census Bureau today released a new data product, the experimental Community Resilience Estimates (CRE) for Heat. Community resilience is the capacity of individuals and households within a community to absorb the external stresses of a disaster. While the standard Community Resilience Estimates (CRE) measures the social vulnerability that inhibits community resilience, the experimental CRE for Heat measures social…
HUD: $30.3 Billion Announced for Housing Authorities to Provide Affordable Housing
U.S. Department of Housing and Urban Development (HUD) today announced the availability of $30.3 billion for the Housing Choice Voucher (HCV) Program for 2023. This historic, $2.9 billion (10.5 percent) increase over the prior year will help Public Housing Authorities (PHAs) address recent inflation in rents and enable more low-income families to use housing vouchers…
HUD: FHA Seeks Feedback on Proposed Changes to Increase Access to Affordable Financing for Properties with Accessory Dwelling Units
Proposed policy changes would expand the use of affordable FHA-insured financing for homes with Accessory Dwelling Units as part of Biden-Harris Administration’s Housing Supply Action Plan. Today, the Federal Housing Administration (FHA) published for feedback a draft update to its requirements for insuring mortgages on single family homes with Accessory Dwelling Units (ADUs). The proposal adds additional…