SBA: New HUBZones Announced in Louisiana to Expand Federal Contracting Opportunities for Small Businesses Across the State
Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33.2 million small businesses in President Biden’s Cabinet, and Louisiana Governor John Bel Edwards, the state’s 56th governor, announced the expansion of HUBZone across Louisiana, a program that provides small businesses in low-income communities that hire low-income residents with opportunities…
FHFA: Third Quarter 2022 Foreclosure Prevention and Refinance Report Released
More than 6.6 million troubled homeowners helped since conservatorships The Federal Housing Finance Agency (FHFA) today released its third quarter 2022 Foreclosure Prevention and Refinance Report. The report shows that Fannie Mae and Freddie Mac (the Enterprises) completed 69,362 foreclosure prevention actions during the quarter, raising the total number of homeowners who have been helped to…
FHFA: Final Rule for New Enterprise Products and Activities Announced
The Federal Housing Finance Agency (FHFA) today published a final rule that requires Fannie Mae and Freddie Mac (the Enterprises) to provide advance notice to FHFA of new activities and obtain prior approval before launching new products. “The final rule clarifies how FHFA will conduct assessments of new activities and products proposed by the Enterprises,”…
HUD: After Halting Rapid Rise in Homelessness, Plan Announced to Reduce Homelessness 25 Percent by 2025
“All In” Is the Most Comprehensive Federal Plan to Systemically Prevent Homelessness and Address Racial and Ethnic Disparities in Homelessness Today, the Biden-Harris administration released a federal plan for ending homelessness in America that starts with the ambitious goal of reducing homelessness 25% by 2025. All In: The Federal Strategic Plan to Prevent and End Homelessness builds…
HUD: 2022 Annual Homeless Assessment Report Released
Biden-Harris Administration investments and actions prevented a spike in homelessness overall, and led to decreases in homelessness among Veterans, families, and youth Homelessness rose for individuals, people with disabilities who experience long-term homelessness, and people in unsheltered settings The U.S. Department of Housing and Urban Development (HUD) today released its 2022 Annual Homeless Assessment Report (AHAR)…
ABA: Foundation and the FBI Release New Infographic on Holiday Shopping Scams
The infographic provides tips to help consumers detect and avoid falling for online shopping scams, like non-payment and non-delivery scams The American Bankers Association Foundation and the Federal Bureau of Investigation have joined together to release a new infographic offering consumers important tips to avoid online shopping scams this holiday season. According to the FBI’s Internet Crime…
FEMA: President Biden Approves Major Disaster Declaration to Help Floridians Recover from Hurricane Nicole
Hurricane Nicole survivors and Florida infrastructure and beaches will now be eligible for federal disaster assistance at the direction of President Biden. FEMA announced today that additional assistance has been made available to supplement state, tribal and local recovery efforts in the areas affected by Hurricane Nicole during the period of Nov. 7-30, 2022. Assistance…
Census Bureau: Small Area Income and Poverty Estimates for States, Counties and School Districts Released
The median estimated poverty rate for school-age children in all U.S. school districts in 2021 was 14.5%, according to data released today by the U.S. Census Bureau. The new data come from the Small Area Income and Poverty Estimates (SAIPE) program, which provides the only up-to-date, single-year income and poverty statistics for all of the nation’s 3,142…
FFIEC: Federal Bank Regulatory Agencies Release 2021 Small Business, Small Farm and Community Development Lending Data
The federal bank regulatory agencies, as members of the Federal Financial Institutions Examination Council (FFIEC), today released data on small business, small farm, and community development lending during 2021. The Community Reinvestment Act regulations require the agencies to annually disclose these data. The FFIEC also prepared aggregate disclosure statements of small business and small farm…