FEMA: $135 Million Commitment Made to Support Relocation of Tribal Communities Affected by Climate Change
Funding from Bipartisan Infrastructure Law and Inflation Reduction Act Supports Community-Driven Relocation for Threatened Communities The Biden-Harris administration today announced the launch of a new Voluntary Community-Driven Relocation program, led by the Department of the Interior, to assist Tribal communities severely impacted by climate-related environmental threats. Through investments from President Biden’s Bipartisan Infrastructure Law and…
HUD: Modernization of Indian Home Loan Guarantee Program Proposed to Provide More Homeownership Opportunities for Native American Families
Today, the U.S. Department of Housing and Urban Development (HUD) announced the release of a proposed rule for the Section 184 Indian Home Loan Guarantee Program, which will modernize the program regulations and encourage homeownership opportunities in Indian Country. The proposed rule expands and revises the existing program regulations and will codify program requirements, while…
FHFA: Deemed-Issuance Ratio for 2023 for Uniform Mortgage-Backed Securities Announced
Ratio changes to 53 Percent Fannie Mae and 47 Percent Freddie Mac The Federal Housing Finance Agency (FHFA) today announced the deemed-issuance ratio for the 2023 calendar year in accordance with Internal Revenue Service (IRS) guidelines on the trading of the Uniform Mortgage-Backed Security (UMBS). The deemed-issuance-ratio will be used for diversification reporting on the bonds ultimately…
OCC: First and Second Quarter 2023 CRA Evaluation Schedule Issued
The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the first and second quarters of 2023. The OCC encourages public comment on the national banks and federal savings associations (collectively, banks) scheduled to be evaluated under the CRA. Public comments should…
FEMA: President Biden Approves McDowell County, West Virginia Disaster Declaration
FEMA announced that federal disaster assistance has been made available to the state of West Virginia to supplement local recovery efforts in the areas affected by severe storms, flooding, landslides and mudslides from July 12-13, 2022. Federal funding is available to state and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for…
FEMA: President Biden Approves Fayette County, West Virginia Disaster Declaration
FEMA announced that federal disaster assistance has been made available to the state of West Virginia to supplement local recovery efforts in the areas affected by severe storms, flooding, landslides and mudslides from Aug. 14-15, 2022. Federal funding is available to state and eligible local governments and certain private nonprofit organizations on a cost-sharing basis…
Census Bureau: 2021 Rental Housing Finance Survey Summary Tables Released
The U.S. Census Bureau and the Department of Housing and Urban Development (HUD) today released new summary tables for the 2021 Rental Housing Finance Survey (RHFS). The RHFS provides measures of financial, mortgage and property characteristics of U.S. residential properties with at least one housing rental unit. It is the only data source that provides a comprehensive…
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…