HUD: Updated Guidance Issued to Enhance Use of Supportive Services Programs at Properties for Low-Income Seniors
Guidance for owners of properties participating in HUD’s Multifamily Section 202 Project Rental Assistance Contract program reinforces use of supportive services funds to help seniors live independently New HUD 202 service portal launched for ordering free COVID-19 Antigen tests The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced today…
Census Bureau: Census Open Innovation Labs to Host The Opportunity Project Summit 2023
Each year, the U.S. Census Bureau brings together cross-sector collaborators during The Opportunity Project (TOP) Summit to solve some of the world’s major data and technology challenges. TOP is led by the Census Bureau’s Census Open Innovation Labs (COIL). The program engages government, technologists, and communities to create digital products using federal open data that serve the public. To…
HUD: Major Milestone Achieved in Assisting Nearly 2 Million Homeowners Stay in Their Homes
FHA foreclosure avoidance options have been expanded and extended Today, the U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge announced that, thanks to Federal Housing Administration (FHA) programs, approximately 2 million homeowners with FHA mortgages were able to stay in their homes from the beginning of the COVID-19 pandemic in March…
CDFI Fund: Public Comments Requested on Changes to the New Markets Tax Credit Program Transaction Level Report
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) is soliciting public comment on changes to the New Markets Tax Credit Program (NMTC Program) Transaction Level Report (TLR). Through this request for comment, the CDFI Fund seeks to address the remaining open Planned Corrective Actions recommended by the Government Accountability Office…
ABA: Association Offers Congressional Testimony on Strength of Banking Industry
FirstBank CEO Jim Reuter appears on behalf of ABA members before House Financial Services Subcommittee on Financial Institutions and Monetary Policy The American Bankers Association today provided testimony to the House Financial Services Subcommittee on Financial Institutions and Monetary Policy on the banking industry’s public policy priorities, new initiatives to foster innovation and competition in financial services,…
CFPB: New Guidance Issued to Protect Mortgage Borrowers from Pay-to-Play Digital Comparison-Shopping Platforms
Financial arrangements that influence or manipulate search results are illegal Today, the Consumer Financial Protection Bureau (CFPB) issued an advisory opinion to protect Americans from double dealing on digital mortgage comparison-shopping platforms. Companies operating these digital platforms appear to shoppers as if they provide objective lender comparisons, but may illegally refer people to only those…
CDFI Fund: Virtual Public Meeting of CDFI Fund’s Advisory Board Scheduled for February 28th
The Community Development Financial Institutions Fund (CDFI Fund) is convening a meeting of the Community Development Advisory Board (the Advisory Board) from 2:00 to 4:00 p.m. Eastern Time on Tuesday, February 28, 2023. This meeting will be conducted virtually. The function of the Advisory Board is to advise the Director of the CDFI Fund on the policies…
FEMA: President Biden Approves Major Disaster Declaration for North Dakota
Today, FEMA announced federal emergency aid has been made available to the state of North Dakota to supplement state, tribal and local recovery efforts in areas affected by a severe winter storm, snowstorm and straight-line winds from Nov. 9-11, 2022. The President’s action makes federal funding available to state, tribal and eligible local governments and certain private nonprofit organizations…
FEMA: Mobile and Morgan Counties Added to Alabama Major Disaster Declaration
Mobile and Morgan counties are now eligible for FEMA assistance after the Jan. 12 severe storms, straight-line winds, and tornadoes in Alabama. Individuals and households in Mobile and Morgan 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 Autauga, Coosa, Dallas, Elmore, Greene,…