HUD: New Rule Issued Protecting Tenants Facing Eviction for Non-Payment of Rent in HUD-Assisted Properties
The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced that it will publish a rule that prohibits the eviction of tenants facing eviction for nonpayment of rent from HUD-subsidized public housing and certain properties with project-based rental assistance without providing a 30-day notice period that includes information about available federal emergency rental…
HUD: Disaster Assistance Announced for New Hampshire Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in the State of New Hampshire affected by a severe storm and flooding from July 29 to July 30, 2021. On October 4, President Biden issued a major disaster declaration for the counties of Cheshire and Sullivan, allowing…
FHFA: Changes Announced to Common Securitization Solutions Board Structure
The Federal Housing Finance Agency (FHFA) today announced that Common Securitization Solutions (CSS) is undertaking a series of actions to better align its corporate governance structure with its core mission of supporting the infrastructure for Fannie Mae and Freddie Mac (the Enterprises) mortgage-backed securities issuance. Matthew Feldman has been named Chairman of the Board of…
CDFI Fund: 2020 ACR Summary Reported Released
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today released a summary snapshot report from the fiscal year (FY) 2020 Annual Certification and Data Collection Report (ACR) reporting cycle. Community Development Financial Institutions (CDFIs) must submit an ACR on an annual basis within 90 days of the end of their…
FEMA: Four Additional Counties Eligible for FEMA Public Assistance in North Carolina
Local governments and certain nonprofit organizations in Ashe, Graham, Jackson and Mitchell counties are now eligible for FEMA Public Assistance grants for recovery from Tropical Storm Fred. On Oct. 1, the major disaster declaration was amended to add four more counties affected by flood damage after Tropical Storm Fred. Previously Avery, Buncombe. Haywood, Madison, Transylvania,…
FEMA: President Biden Approves Major Disaster Declaration for New Hampshire
FEMA announced that federal disaster assistance has been made available to the state of New Hampshire to supplement state and local recovery efforts in the areas affected by a severe storm and flooding from July 29-30, 2021. Federal funding is available to the state and eligible local governments and certain private nonprofit organizations on a…
FDIC: Six Teams Selected in Sprint for Banks to Measure and Test Resiliency
The Federal Deposit Insurance Corporation (FDIC) today announced the selection of six teams to participate in a ‘tech sprint’ designed to explore new technologies and techniques to determine how well community banks, and the banking sector as a whole, can withstand a major disruption of any type. The FDIC’s tech lab, FDITECH, launched registration for From Hurricanes…
CDFI Fund: Public Comments Requested on Small Dollar Loan Program Application
The U.S. Department of the Treasury, as part of a continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act (PRA) of 1995, 44 U.S.C. 3506(c)(2)(A). Currently, the Community Development…
FEMA: President Biden Approves Major Disaster Declaration for Montana
FEMA announced that federal disaster assistance has been made available to the state of Montana to supplement state, tribal and local recovery efforts in the areas affected by the Richard Spring Fire from Aug. 8-20, 2021. Federal funding is available to the state, tribal and eligible local governments and certain private nonprofit organizations on a…