HUD: New Monitor Announced to Help New York City Housing Authority Address Chronic Housing Problems
Bart M. Schwartz to ensure compliance with recent agreement with New York City and NYCHA U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced its intent to select Bart M. Schwartz to serve as the federal monitor to ensure the New York City Housing Authority (NYCHA) satisfies the conditions of a recently announced…
FDIC: Consumers Encouraged to Set Financial Goals and Learn More about Options for Saving
The Federal Deposit Insurance Corporation (FDIC) encourages consumers to use America Saves Week as an opportunity to evaluate their short- and long-term financial goals and learn more about how banks can help achieve them. “During America Saves Week, the FDIC encourages consumers to expand their financial knowledge, set clear savings goals and strong savings habits,…
FEMA: Don’t Get Scammed…Protect Yourself from Contractor Fraud
Survivors of disasters like Hurricane Harvey can be targets. Scam artists will head to disaster areas to prey on people who have already endured terrible circumstances. Posing as building contractors and other fraudulent businesses, they will try to take your money. But there are ways to protect yourself: Never pay in advance. It is illegal…
HUD: FHA Pilot Program Expanded to Accelerate Financing of Low-Income Housing Tax Credit Projects
Action designed to speed production of critically needed affordable housing U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced a significant expansion of a Federal Housing Administration (FHA) pilot program that streamlines FHA mortgage insurance applications for affordable housing developments that have equity from the sale of Low-Income Housing Tax Credit (LIHTC) Program,…
Census Bureau: New Data and Tools Apps to Be Unveiled at Technology Demo Day on March 1st
The U.S. Census Bureau will host technology industry and university teams to showcase 20+ new innovative tech tools at an interagency demonstration day created through a federal initiative called The Opportunity Project (TOP). These new tools address challenges such as using artificial intelligence to connect veterans with apprenticeships, promoting access to and interest in STEM…
HUD: $10.6 Million in Jobs Plus Grants Awarded to Help Low-Income Public Housing Residents Secure Higher Paying Jobs
Jobs Plus grants to help families achieve financial self-sufficiency To help low-income public housing residents increase their income and move toward self-sufficiency, the U.S. Department of Housing and Urban Development (HUD) today awarded $10.6 million to four Public Housing Authorities (PHAs). HUD’s Jobs Plus Initiative connects public housing residents with employment, education and financial empowerment services—a…
HUD: Advance Notice Drastically Cut to 14 Days for Inspections of Public Housing and Privately Owned Apartment Buildings
14-day advance notice designed to encourage year-round maintenance The U.S. Department of Housing and Urban Development (HUD) today announced it is dramatically reducing the advance notice it provides to public housing authorities (PHAs) and private owners of HUD-subsidized apartment developments before their housing is inspected to ensure it is decent, safe and healthy. HUD’s new…
EDA: $800,000 Invested to Establish a Business Incubator in the Town of Tabor City, NC
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $800,000 grant to the town of Tabor City, North Carolina, to renovate a historic building for use as a business incubator that will support business growth in the region. “We commend Tabor City on their strategy to help support local entrepreneurs,” said…
EDA: $3 Million Invested to Improve Access to the Philadelphia Navy Yards Business Campus
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Philadelphia Authority for Industrial Development, Philadelphia, Pennsylvania, to make critical infrastructure improvements needed to ease access to the Philadelphia Navy Yards business campus. According to grantee estimates, the project is expected to…
ABA: 7 Ways to Make Your Tax Refund Count
As many Americans receive their refunds this year, the American Bankers Association has highlighted seven tips to help them use the money wisely. “Prioritizing your tax refund to create an emergency fund and pay off debts first will help position you for financial comfort the rest of the year,” said Corey Carlisle, executive director of…