Author: findCRA

EDA: $1.3 Million Invested for Infrastructure Improvements in Paris, TX

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the Paris Economic Development Corporation, Paris, Texas, for infrastructure improvements to support business growth at the Northwest Industrial Park. This grant will provide for water and roadway upgrades to support current businesses and encourage…

EDA: $1.2 Million Invested for Water Infrastructure Improvements in Jasper, IN

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 city of Jasper, Indiana, for water infrastructure improvements to support local business growth along with job creation and retention efforts. This grant will support construction of a new backup water supply connection necessary…

OCC: CRA Evaluations for 35 National Banks and Federal Savings Associations Released

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of March 1, 2023, through March 31, 2023. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. The…

Census Bureau: Public Input Requested on Proposed Disclosure Avoidance Measures for the County Business Patterns Program

The U.S. Census Bureau published a Federal Register Noticeinviting the public to review and submit feedback on proposed modernized disclosure avoidance methods for 2022 County Business Patterns (CBP) data. The 60-day comment period will close June 2. The Census Bureau is hosting a webinar for the public about its disclosure avoidance methods and how they apply…

HUD: National Fair Housing Month 2023 and the 55th Anniversary of the Fair Housing Act Commemorated

Today, the U.S. Department of Housing and Urban Development (HUD) kicked off Fair Housing Month 2023, commemorating 55 years since the Fair Housing Act was signed into law. This year’s Fair Housing Month theme, Choices for All Voices: Building an Equitable Future, underscores the Biden-Harris Administration’s commitment to advancing equity in housing, combating discrimination in housing,…

FDIC: Upcoming Sale of the Loan Portfolio from the Former Signature Bank, New York, NY Announced

The Federal Deposit Insurance Corporation (FDIC) today announced the framework of a marketing process for the approximately $60 billion loan portfolio retained in receivership following the failure of Signature Bank, New York, New York.  The portfolio is comprised primarily of commercial real estate (CRE) loans, commercial loans and a smaller pool of single–family residential loans. The…

CFPB: Guidance Issued to Address Abusive Conduct in Consumer Financial Markets

Policy statement details post-financial crisis prohibition on illegal abusive conduct Today, the Consumer Financial Protection Bureau (CFPB) issued a policy statement that explains the legal prohibition on abusive conduct in consumer financial markets and summarizes over a decade of precedent. The CFPB leads enforcement and supervision efforts to identify and end abusive conduct against consumers….

FEMA: President Biden Approves Major Disaster Declaration for Arkansas

FEMA announced that federal disaster assistance has been made available to the state of Arkansas to supplement state and local recovery efforts in the areas affected by severe storms and tornadoes on March 31, 2023. The President’s action makes federal funding available to affected individuals in Cross, Lonoke and Pulaski counties. FEMA’s Individual Assistance can include…

FEMA: Montgomery and Panola Counties Added to FEMA Disaster Declaration for Mississippi

Montgomery and Panola counties are now eligible for FEMA assistance after the March 24-25 storms. Individuals and households in Montgomery and Panola counties can apply for FEMA Individual Assistance, which may include temporary housing assistance, basic home repairs and certain other uninsured disaster-related needs. These counties join Carroll, Humphreys, Monroe and Sharkey counties, which were…

HUD: Waivers Announced to Help Mississippi Communities Recover from Storms and Tornadoes

Announcement Represents Collections of Regulatory and Administrative Waivers Issued by HUD at One Time Secretary Fudge: Waivers “Build on HUD’s Continued Post-Disaster Efforts and Unprecedented Aid from the Biden-Harris Administration” The U.S. Department of Housing and Urban Development (HUD) today announced a package of 29 regulatory and administrative waivers aimed at helping communities in Mississippi accelerate their…