HUD: $25 Million Awarded to Stabilize Public Housing Agencies Facing Financial Shortfalls
The U.S. Department of Housing and Urban Development (HUD) today awarded $25 million to 181 public housing agencies (PHAs) experiencing or at risk of experiencing financial shortfalls. This Public Housing Operating Fund Shortfall funding, provided by the Fiscal Year 2022 Consolidated Appropriations Act, will enable PHAs to continue serving residents as they take steps to…
HUD and Census Bureau: New Residential Sales Report for July 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 July 2022: New Home Sales Sales of new single‐family houses in July 2022 were at a seasonally adjusted annual rate of 511,000, according to estimates released jointly by the U.S. Census Bureau…
SBA: Grant Awardees Announced for New Pilot Program to Bolster Cybersecurity Infrastructure for Emerging Small Businesses
Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses in President Biden’s Cabinet, announced nearly $3 million in new funding for three state delegates to help emerging small businesses develop their cybersecurity infrastructure. Arkansas, Maryland, and South Dakota representatives are receiving grants that will…
SBA: New Collaboration and Webinar Series Announced to Help the Small Business Community Navigate Economic Challenges
“The Bottom Line” webinar series will bring together SBA officials, small business advocates, and economic experts for discussions on how to address economic challenges facing small businesses today. On Monday, August 22, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses in President Biden’s Cabinet, and John…
FHFA: Intent to Establish a Federal Advisory Committee on Affordable, Equitable and Sustainable Housing Announced
The Federal Housing Finance Agency (FHFA) today announced its intent to establish a Federal Advisory Committee on Affordable, Equitable, and Sustainable Housing (Committee). The Committee will provide advice and input regarding affordable, equitable, and sustainable housing needs and any regulatory or policy changes that may be necessary or beneficial to address those matters. In addition,…
EDA: $13.5 Million Announced to Support U.S. Manufacturers
Today, U.S. Secretary of Commerce Gina Raimondo announced $13.5 million in U.S. Economic Development Administration (EDA) grants to support 11 Trade Adjustment Assistance Centers (TAACs) that help manufacturers affected by imports adjust to increasing global competition and to create jobs. The TAACs, which each service multiple states, are located in California, Colorado, Georgia, Illinois, Massachusetts,…
FDIC: Cease and Desist Letters Issued to Five Companies For Making Crypto-Related False or Misleading Representations about Deposit Insurance
The Federal Deposit Insurance Corporation (FDIC) today issued letters demanding five companies and their officers, directors, and employees cease and desist from making false and misleading statements about FDIC deposit insurance and take immediate corrective action to address these false or misleading statements. Based upon evidence collected by the FDIC, each of these companies made…
Census Bureau: First in Series of 2020 Census Quality Reports Released
The U.S. Census Bureau today released the first two of more than 65 reports from its 2020 Census Evaluations and Experiments (EAE) operation designed to assess the quality of 2020 Census programs and operations and test new methods suggested from previous research. These studies include evaluations, experiments, operational assessments, quality control profiles and a topic report. Conclusions and…
FEMA: First-Ever National Tribal Strategy Released
FEMA released a national tribal strategy — the agency’s first ever — to better address its responsibilities to federally recognized tribal nations when responding to and preparing for disasters affecting tribal lands. The “2022-2026 FEMA National Tribal Strategy” provides FEMA with a roadmap to refine and elaborate on major strategic goals and objectives we are…
HUD: FHA Implements Residential Care Facility “Green Mortgage Insurance Premium” Reductions
Guidance issued today explains how lenders participating in FHA’s Section 232 Mortgage Insurance for Residential Care Facility program can obtain mortgage insurance premium reductions on mortgages for eligible “green” facilities Federal Housing Commissioner: Green MIP pricing will “support the Biden-Harris Administration’s climate goals and HUD’s Climate Action Plan” The Federal Housing Administration (FHA) announced today…