FEMA: President Trump Signs Emergency Declaration for Puerto Rico
FEMA announced that federal emergency aid has been made available to the Commonwealth of Puerto Rico to supplement Commonwealth and local response efforts to the emergency conditions in the area affected by earthquakes beginning on Dec. 28, 2019, and continuing. The President’s action authorizes FEMA to coordinate all disaster relief efforts which have the purpose…
HUD: 2019 Annual Homeless Assessment Report Released
Homelessness Increase in California Offsets Combined Decrease in All other States;Continued Declines Noted Among Veterans and Families with Children Today, the U.S. Department of Housing and Urban Development (HUD) released its 2019 Annual Homeless Assessment Report to Congress. The report certified last month by HUD Secretary Ben Carson, found that 567,715 persons experienced homelessness on a single night…
HUD: Improved Fair Housing Proposed Rule Issued
The U.S. Housing and Urban Development (HUD) today published its proposed Affirmatively Furthering Fair Housing (AFFH) rule, which offers clearer guidance to states and local governments to help them improve affordable housing choices in their community. Read HUD’s proposed rule. “HUD’s commitment to Fair Housing remains as steadfast as ever before, and this improved rule reaffirms our mission…
HUD: 2019 Year in Review Highlighting Accomplishments Released
The U.S. Department of Housing and Urban Development (HUD) today released its 2019 Year in Review outlining the major accomplishments of the agency under Secretary Ben Carson. “The Trump Administration continues to deliver on its promise to create greater economic opportunity for low-income families and revitalize underserved communities,” said, Secretary Carson. “HUD is committed to doing its…
FHFA: House Price Index Up 0.2 Percent in October; Up 5.0 Percent from Last Year
U.S. house prices rose in October, up 0.2 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 5.0 percent from October 2018 to October 2019. The previously reported 0.6 percent increase for September 2019 was revised upward to 0.7 percent. For the nine census divisions, seasonally adjusted monthly…
Interagency Release: Agencies Release CRA Asset-Size Threshold Adjustments for Small and Intermediate Small Institutions
The federal bank regulatory agencies today announced the annual adjustment to the asset-size thresholds used to define small bank, small savings association, intermediate small bank, and intermediate small savings association under the Community Reinvestment Act (CRA) regulations. The annual adjustments are required by the CRA rules. Financial institutions are evaluated under different CRA examination procedures…
HUD: $5 Million Awarded to Public Housing Authorities to Help Tenants Relocate
Tenant protection vouchers will help relocate tenants whose public housing units have been converted or demolished The U.S. Department of Housing and Urban Development (HUD) today awarded $5 million to public housing authorities to provide tenant protection vouchers to public housing residents. These vouchers will help families with relocation or replacement housing from demolition or…
EDA: Investment Made to Support Business Education in New York
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $800,000 grant to TruFund Financial Services, Inc., of New York, New York to support the Hunts PoinEt Growth and Resiliency Program. The two-year program will provide business education classes and one-on-one counseling led by TruFund staff and subject matter experts. The EDA…