Census Bureau: Household Pulse Survey Phase 3.6 Monthly Data Released
The U.S. Census Bureau today released new data from phase 3.6 of the experimental Household Pulse Survey (HPS). The HPS is an effort by the Census Bureau and other federal statistical agencies to provide near real-time data on how the COVID-19 pandemic, and changes in social and economic conditions are affecting people’s lives to inform federal and state…
HUD and Census Bureau: 2021 Rental Housing Finance Survey Findings Released
Survey Finds Nearly Half of Rental Units are in Properties with Four or Fewer Units Of the 49.5 million rental housing units in the U.S., nearly 46 percent are located in rental properties of one-to-four units, according to the latest Rental Housing Finance Survey (RHFS) data released today by the U.S. Department of Housing and Urban Development…
HUD: First-Ever Tribal Intergovernmental Advisory Committee Announced
Announcement precedes 2022 White House Tribal Nations Summit on the progress made to strengthen Nation-to-Nation relationships and invest record levels of resources in Tribal communities Today, the U.S. Department of Housing and Urban Development (HUD) announced the members of the first-ever Tribal Intergovernmental Advisory Committee (TIAC). HUD Secretary Marcia L. Fudge is launching the committee…
FHFA: U.S. House Prices Rose 12.4 Percent Over the Last Year; Up 0.1 Percent from the Second Quarter 2022
U.S. house prices rose 12.4 percent from the third quarter of 2021 to the third quarter of 2022 according to the Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices were up 0.1 percent compared to the second quarter of 2022. FHFA’s seasonally adjusted monthly index for September was up 0.1 percent from August. “House prices were flat for the third…
FHFA: Conforming Loan Limits for 2023 Announced
Baseline Conforming Loan Limit Will Increase to $726,200 The Federal Housing Finance Agency (FHFA) today announced the conforming loan limit values (CLLs) for mortgages to be acquired by Fannie Mae and Freddie Mac (the Enterprises) in 2023. In most of the United States, the 2023 CLL value for one-unit properties will be $726,200, an increase of…
ABA: New Campaign Seeks to Educate Holiday Shoppers About Scams
Banking Industry Ramps Up Efforts to Empower Consumers to Spot Scams With the holidays in full swing, the American Bankers Association and member banks across the country are stepping up efforts to educate consumers on the threat of scams and how to protect themselves this holiday shopping season. Scammers are taking advantage of the holidays…
CDFI Fund: Public Comments Sought on the NMTC Allocation and Qualified Equity Investment Tracking System
The Community Development Financial Institutions Fund (CDFI Fund), U.S. Department of the Treasury, is soliciting comments concerning the New Markets Tax Credit Program (NMTC Program) Allocation and Qualified Equity Investment Tracking System (AQEI). The NMTC Program provides an incentive to investors in the form of tax credits over a seven year period and stimulates the…
FEMA: 14 Municipalities in Puerto Rico Added to Major Disaster Declaration
Yesterday, FEMA announced that is has amended the Major Disaster Declaration issued to the Government of Puerto Rico to approve an additional 14 municipalities for the Public Assistance (PA) program. “Once again, and as I said before, it’s really important that the federal and the local government work together as one team. Adding another 14…
HUD and Census Bureau: New Residential Sales Report for October 2022 Released
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for October 2022: New Home SalesSales of new single‐family houses in October 2022 were at a seasonally adjusted annual rate of 632,000, according to estimates released jointly today by the U.S. Census Bureau…
SBA: Statement on the Restaurant Revitalization Fund
Today, the U.S. Small Business Administration (SBA) issued the following statement regarding the status of the Restaurant Revitalization Fund. “This week, the U.S. Small Business Administration (SBA) began distribution of returned funding in the Restaurant Revitalization Fund (RRF) program, following the program’s closure in June 2021. In doing so, the SBA worked with the advice of the Department of…