CDFI Fund: Important Information for Organizations Impacted by the California Wildfires
Performance Benchmark and Compliance Deadline Extensions Available Upon Request On January 8, 2025, President Biden issued a major disaster declaration in the State of California for areas affected by wildfires and straight-line winds beginning on January 7, 2025, and continuing. The Community Development Financial Institutions Fund (CDFI Fund) will allow organizations affected by the disaster declaration to…
OCC: Agency Promotes 2025 Earned Income Tax Credit Awareness Day
To help increase familiarity with the Earned Income Tax Credit (EITC), the Office of the Comptroller of the Currency is joining other agencies in promoting January 31 as EITC Awareness Day. This year marks the 50th anniversary of the EITC and its positive impact on America’s working families. The EITC is a refundable federal income tax credit for…
Agencies Announce Second Public Outreach Meeting as Part of Their Review of Regulations
Federal bank regulatory agencies will hold a virtual public outreach meeting on March 6, 2025, as part of their review of regulations, as required by law. The Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) requires the agencies, with input from the public, to review their regulations at least once every 10 years to identify…
CDFI Fund: New Transaction Level Report Monthly Webinars Announced
The Community Development Financial Institutions Fund (CDFI Fund) will now host a monthly Transaction Level Report (TLR) webinar. The TLR webinars are intended to serve as a forum for Certified and non-Certified Community Development Financial Institutions (CDFIs) to ask questions and discuss the TLR and its submission process. This new series will cover the Full-Length…
CFPB: List of Consumer Reporting Companies Updated
2025 report tells consumers how to get a security freeze and block access to their credit reporting data Today, the Consumer Financial Protection Bureau (CFPB) released its annual list of consumer reporting companies. The list identifies dozens of specialty reporting companies that collect and sell access to people’s data, including individuals’ finances, employment, check writing…
FEMA: New Dog Man PSA Campaign, DreamWorks Animation, the Ad Council and FEMA Partnered to Encourage Kids to Help Prepare for Emergencies
DreamWorks Animation’s Dog Man, based on the best-selling Dav Pilkey books, arrives in theaters Jan. 31, 2025 FEMA’s Ready Campaign and the Ad Council have partnered with DreamWorks Animation’s new film, Dog Man, based on the best-selling Dav Pilkey book series, for a national public service advertising (PSA) campaign. The campaign features the beloved canine crime-fighting hero spreading the message to children across the nation…
Census Bureau: Updated Estimates from the National Experimental Well-Being Statistics Project Released
Today the U.S. Census Bureau released new findings from its National Experimental Well-Being Statistics (NEWS) project. NEWS is a research-driven project to improve how the Census Bureau measures income and poverty. NEWS does this by exploring new methods for creating these economic “well-being” indicators by looking back at data collections from previous years, using a wider range…
CFPB: New Report Finds Servicemembers Pay More in Auto Lending Market
Military borrowers face larger loans, higher interest rates, and more costly add-on products Today, the Consumer Financial Protection Bureau (CFPB) published a report showing that United States servicemembers pay higher costs and face greater financial risks than civilian borrowers when taking out credit to buy a car. The report analyzes more than 20 million auto…
CDFI Fund: Important Reminders for FY 2025 CDFI Program and NACA Program Round Applicants
The Community Development Financial Institutions Fund (CDFI Fund) will host the following webinars for fiscal year (FY) 2025 Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) Round Applicants: Additionally, a Matching Funds Webinar Workshop for CDFI Program Financial Assistance Applicants will be held on February 27, 2025. The CDFI Fund will…