FEMA: Barnwell, Berkeley Counties in South Carolina Designated for Individual Assistance
South Carolina families and households in Barnwell and Berkeley counties who suffered damage as a result of the April 13 storms may be eligible for federal disaster assistance. FEMA help for disaster survivors in Aiken, Colleton, Hampton, Marlboro, Oconee, Orangeburg and Pickens counties was designated May 1. You can register for assistance in one of…
FHFA: Payment Deferral as New Repayment Option for Homeowners in COVID-19 Forbearance Plans Announced
Today, to help homeowners who are in COVID-19 related forbearance, the Federal Housing Finance Agency (FHFA) has announced that Fannie Mae and Freddie Mac (the Enterprises) are making available a new payment deferral option. The payment deferral option allows borrowers, who are able to return to making their normal monthly mortgage payment, the ability to…
EDA: $748,500 Invested to Improve Wastewater Infrastructure in Prattsburgh, NY
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $748,500 grant to the town of Prattsburgh, New York, to make critical wastewater improvements needed to support growth in the city’s downtown business district. The EDA grant will be matched with $748,500 in federal and local funds. “Supporting our communities as they…
CFPB: New Guidance Outlines Responsibilities of Financial Firms During Pandemic
The Consumer Financial Protection Bureau (Bureau) today released a statement and FAQs outlining the responsibility of certain financial firms during the pandemic. In the statement, the Bureau outlines the billing error responsibilities of credit card issuers and other open-end non-home secured creditors during the COVID-19 pandemic. Additionally, the Bureau encourages financial firms to continue to…
CFPB, FHFA & HUD Launch Joint Mortgage and Housing Assistance Website for Americans Impacted by COVID-19
To ensure homeowners and renters have the most up to date and accurate housing assistance information during the COVID-19 national emergency, today the Consumer Financial Protection Bureau (CFPB), Federal Housing Finance Agency (FHFA), and the Department of Housing and Urban Development (HUD) launched the new mortgage and housing assistance website https://www.cfpb.gov/housing. CFPB, FHFA and HUD are…
FEMA: Disaster Survivors in Six Additional Counties in Mississippi May Apply for Assistance
Individuals and households in Clarke, Grenada, Jasper, Lawrence, Panola and Walthall counties in Mississippi may now apply for federal disaster assistance under FEMA’s Individuals and Households Program for uninsured damages and losses as a result of the severe storms, tornados, straight-line winds, and flooding on April 12, 2020. These counties have been added to the disaster…
HUD: Third Wave of CAREs Act Funding Provides $1 Billion for Communities
Third wave of relief funding targeted for states and insular areas The U.S. Department of Housing and Urban Development Secretary Ben Carson today announced the allocation of a third wave in CARES Act coronavirus relief funding. This wave totaling $1 billion is through the Community Development Block Grant (CDBG) program. To date, HUD has provided over $3…
SBA: New Regulations Issued for Women-Owned Small Business Federal Contracting Program
The U.S. Small Business Administration today published Women-Owned Small Business Federal Contracting program regulations that will provide a free, online certification and eligibility application process for women-owned small businesses and economically-disadvantaged women-owned small businesses. The timeline for implementation of changes to SBA’s WOSB program has been delayed to accommodate those affected by the current pandemic. Starting July 15, 2020, SBA will…
FEMA: President Trump Approves Major Disaster Declaration for Seminole Tribe of Florida
FEMA announced that federal emergency aid has been made available for the Seminole Tribe of Florida to supplement the Tribe’s efforts in the areas affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2019 and continuing. Public Assistance federal funding is available to the Seminole Tribe of Florida and certain private nonprofit…
FEMA: President Trump Approves Major Disaster Declaration for Arkansas due to Severe Storms
FEMA announced that federal disaster assistance has been made available to the state of Arkansas to supplement state and local recovery efforts in the areas affected by severe storms, straight-line winds and tornadoes on March 28, 2020. Federal funding also is available to state, tribal and eligible local governments and certain private nonprofit organizations on…