Author: findCRA

FEMA: President Biden Approves Major Disaster Declaration for Rosebud Sioux Tribe

FEMA announced that federal disaster assistance has been made available to the Rosebud Sioux Tribe to supplement tribal recovery efforts in the areas affected by the severe winter storms and snowstorm from Dec. 12-25, 2022. Federal funding is available to the tribe and certain private nonprofit organizations on a cost-sharing basis for emergency protective measures,…

FEMA: President Biden Approves Major Disaster Declaration for Oglala Sioux Tribe

FEMA announced that federal disaster assistance has been made available to the Oglala Sioux Tribe to supplement tribal recovery efforts in the areas affected by the severe winter storms and snowstorm from Dec. 12-25, 2022. Federal funding is available to the tribe and certain private nonprofit organizations on a cost-sharing basis for emergency protective measures,…

ABA: New Webpage Launched Highlighting Programs Designed to Improve Access to Capital for Underserved Small Businesses

The American Bankers Association today launched a new webpage providing information on special purpose credit programs (SPCPs) and highlighting the role they can play in meeting the credit needs of economically disadvantaged small businesses. In support of the Office of the Comptroller of the Currency’s Project REACh, ABA is making this online resource available for banks and other…

HUD: $3.16 Billion Awarded for Critical Investments in Nation’s Public Housing

Funding will allow housing authorities to modernize public housing for families, individuals, seniors Today, the U.S. Department of Housing and Urban Development awarded $3.16 billion in funding to nearly 2,770 public housing authorities (PHAs) in all 50 states, as well as the District of Columbia, Guam, Puerto Rico and the U.S. Virgin Islands to make…

HUD: Over $38 Million Awarded to Protect Families from Home Health and Safety Hazards

Funding to make low-income families’ homes safer and healthier and create job opportunities for health housing practitioners Today, the U.S. Department of Housing and Urban Development (HUD) awarded over $38 million to city, county, and Native American tribal governments, and non-profit organizations in 17 states to protect children and families from home health hazards. HUD…

OCC: CRA Evaluations for 36 National Banks and Federal Savings Associations Released

The Office of the Comptroller of the Currency (OCC) today released a list of additional Community Reinvestment Act (CRA) performance evaluations that became public during the period of September 1, 2022, through November 30, 2022. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings….

CDFI Fund: Update on CDFI Fund’s Certification Blackout Period Frequently Asked Questions Released

The Community Development Financial Institutions Fund (CDFI Fund) has provided an updated Frequently Asked Questions (FAQ) page for the CDFI Certification Blackout Period on its website. It supersedes the FAQ page published July 2022 by adding, revising, or updating select questions from the earlier edition. Updates include: When did the CDFI Fund stop accepting new…

HUD: Local Goverments Invited to Request Thriving Communities Technical Assistance to Align Housing and Infrastructure Investments

Today, the U.S. Department of Housing and Urban Development (HUD) opened the portal for local governments to request technical assistance for its Thriving Communities technical assistance program. This funding will help local governments ensure housing needs are considered as part of their larger infrastructure investment plans, with a focus on disadvantaged communities. The Bipartisan Infrastructure…

FHFA: Input Requested on Enterprise Single-Family Social Bond Program

Agency will also host public listening session Today, the Federal Housing Finance Agency (FHFA) issued a Request for Input (RFI) on Fannie Mae and Freddie Mac’s (together, the Enterprises) social bond policy. On March 28, 2023, FHFA will also host a public listening session​ to allow for additional input. Currently, each Enterprise issues labeled multifamily social bonds—neither issues…

CDFI Fund: Application Reminders and Updates for FY 2023 Capital Magnet Fund Applicants Released

As a reminder for fiscal year (FY) 2023 Capital Magnet Fund applicants, the deadline for online submission of the SF-424 Mandatory through Grants.gov is February 23, 2023 at 11:59 p.m. Eastern Time (ET). The deadline for online submission of the rest of the application materials through the CDFI Fund’s Awards Management Information System (AMIS) is…