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…
HUD: FHA Announces New Assistance Option to Help Senior Homeowners with Reverse Mortgages Impacted by COVID-19
New COVID-19 Home Equity Conversion Mortgage Property Charge Repayment Plan allows servicers to offer homeowners up to five years to repay past-due property charges. Today, the Federal Housing Administration (FHA) is announcing new flexibilities to help senior homeowners with FHA-insured Home Equity Conversion Mortgages (HECMs) who are behind on required property charge payments due to effects of…
OCC: New Report Shows Improvement in Overall Mortgage Performance During Third Quarter 2022
The Office of the Comptroller of the Currency (OCC) reported that the performance of first-lien mortgages in the federal banking system improved during the third quarter of 2022. The OCC Mortgage Metrics Report, Third Quarter 2022 showed that 97.2 percent of mortgages included in the report were current and performing at the end of the quarter, compared…
CDFI Fund: Updated Calendar Year 2022 NMTC Allocation Application FAQs Posted
The Community Development Financial Institutions Fund (CDFI Fund) has posted on its website an updated calendar year (CY) 2022 New Markets Tax Credit Program (NMTC Program) Allocation Application Frequently Asked Questions (FAQs) document. The updates to this document are provided in response to questions submitted through the Service Request feature in the CDFI Fund’s Award Management…