HUD: Disaster Assistance Announced for Washington Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance to supplement state, tribal, and local recovery efforts in the areas affected by flooding and mudslides from November 13 to November 15, 2021. On January 5, President Biden issued a major disaster declaration for the counties of Clallam, Skagit, and…
EDA: $3 Million Invested to Establish a Diesel Mechanics Training Facility in Lewistown, PA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Mifflin County Academy of Science and Technology, Lewistown, Pennsylvania, to establish a diesel mechanics and heavy equipment operator training facility and diversify the local economy. This EDA project will provide secondary…
FEMA: President Biden Approves Major Disaster Declaration for Washington
FEMA announced that federal disaster assistance has been made available to the state of Washington to supplement state, tribal and local recovery efforts in the areas affected by flooding and mudslides from Nov. 13-15, 2021. The President’s action makes federal funding available to affected individuals in Clallam, Skagit and Whatcom counties and the Lummi Nation,…
Census Bureau: Small Business Pulse Survey Phase 7 Weekly Data Released
The U.S. Census Bureau today released new data from Phase 7 of the Small Business Pulse Survey (SBPS), which measures the effect of changing business conditions during the coronavirus pandemic, as well as other major events such as hurricanes on our nation’s small businesses. SBPS complements existing Census Bureau data by providing detailed, near real-time information on…
FHFA: Targeted Increases to Enterprise Pricing Framework Announced
Upfront Fee Adjustments for High Balance Loans and Second Home Loans to Take Effect April 1, 2022 Today, the Federal Housing Finance Agency (FHFA) announced targeted increases to Fannie Mae and Freddie Mac’s (the Enterprises) upfront fees for certain high balance loans and second home loans. High balance loans are mortgages originated in certain designated…
CFPB: New Report Released Detailing Consumer Complaint Response Deficiencies of the Big Three Credit Bureaus
Equifax, Experian, and TransUnion routinely failed to fully respond to consumers with errors A new analysis by the Consumer Financial Protection Bureau (CFPB) reveals how changes in complaint responses provided by nationwide consumer reporting companies resulted in fewer meaningful responses and less consumer relief. In 2021, Equifax, Experian, and TransUnion together reported relief in response…
HUD: Disaster Assistance Announced for Colorado Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in Colorado affected by straight-line winds and wildfires from December 30, 2021, and continuing. On January 1, President Biden issued a major disaster declaration to make Federal funding available to affected individuals in Boulder County, Colorado. Federal funding,…
HUD: Disaster Assistance Announced for Arkansas Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in Arkansas affected by severe storms and tornadoes from December 10 to December 11, 2021. On December 24, President Biden issued a major disaster declaration to make Federal funding available to affected individuals in the counties of Craighead,…
CDFI Fund: Civil Rights Act Compliance Reporting Requirements Implemented Beginning in 2022
Award applicants requested to complete a new Title VI Compliance Worksheet starting in 2022 The Civil Rights Act of 1964, which ended segregation in public places and banned employment discrimination on the basis of race, color, religion, sex or national origin, also prohibits discrimination on the basis of race, color, or national origin in programs…