HUD: Over Two Dozen Waivers Granted to Speed Hurricane Recovery
HUD cuts red tape to offer flexibility to state and local partners The U.S. Department of Housing and Urban Development (HUD) today announced a package of 27 regulatory and administrative waivers aimed at helping communities to accelerate their recovery from Hurricane Ida. Today’s announcement represents one of the largest collections of regulatory and administrative waivers…
FHFA: Equitable Housing Finance Plans for Fannie Mae and Freddie Mac Announced
Public input requested on how Enterprises can sustainably advance equitable housing finance Today, the Federal Housing Finance Agency (FHFA) is announcing that Fannie Mae and Freddie Mac (the Enterprises) will submit Equitable Housing Finance Plans to FHFA by the end of 2021. The Enterprises will update these plans annually. The plans will identify and address…
FEMA: President Biden Approves Major Disaster Declaration for New Jersey
FEMA announced that federal disaster assistance has been made available to the state of New Jersey to supplement state and local recovery efforts in the areas affected by the remnants of Hurricane Ida from Sept.1-3, 2021. The President’s action makes federal funding available to affected individuals in Bergen, Gloucester, Hunterdon, Middlesex, Passaic and Somerset counties. Assistance can include grants for temporary housing and home…
FEMA: President Biden Approves Major Disaster Declaration for New York
FEMA announced that federal disaster assistance has been made available to the state of New York to supplement state, tribal and local recovery efforts in the areas affected by the remnants of Hurricane Ida from Sept. 1-3, 2021. The President’s action makes federal funding available to affected individuals in Bronx, Kings, Queens, Richmond and Westchester…
FEMA: President Biden Approves Major Disaster Declaration for Nebraska
FEMA announced today that federal disaster assistance has been made available to the state of Nebraska to supplement state, tribal and local recovery efforts in the areas affected by severe storms and straight-line winds from July 9-10, 2021. Federal funding also is available to state, tribal and eligible local governments and certain private nonprofit organizations…
FEMA: President Biden Approves Emergency Declaration for New Jersey
FEMA announced that federal emergency aid has been made available to the state of New Jersey to supplement state, tribal and local response efforts due to the emergency conditions resulting from the remnants of Hurricane Ida, beginning Sept. 1, 2021 and continuing. The President’s action authorizes FEMA to coordinate all disaster relief efforts which have…
FEMA: President Biden Approves Emergency Declaration for New York
FEMA announced that federal emergency aid has been made available to the state of New York to supplement state, tribal and local response efforts due to the emergency conditions resulting from the remnants of Hurricane Ida, beginning Sept 1, 2021 and continuing. The President’s action authorizes FEMA to coordinate all disaster relief efforts which have the purpose of alleviating the hardship and…
SBA: $5.2 Million in PRIME Grants Awarded to Help Emerging Micro-entrpreneurs Gain Access to Capital
Grants Will Help 27 Organizations Provide Technical Assistance and Training Services to Economically Disadvantaged Businesses in HUB and Opportunity Zones The U.S. Small Business Administration has awarded 27 organizations across the United States a total of $5.2 million under the Program for Investment in Micro-Entrepreneurs (PRIME) grant awards. PRIME supports these nonprofit organizations as they help low-income entrepreneurs get…
FDIC: Results of Summary of Deposits Annual Survey Released
The Federal Deposit Insurance Corporation (FDIC) today released results of its annual survey of branch office deposits for all FDIC–insured institutions as of June 30, 2021. The FDIC’s Summary of Deposits (SOD) provides deposit totals for each of the more than 81,000 domestic offices operated by more than 4,900 FDIC–insured commercial and savings banks, savings…