CDFI Fund: President Biden Announces Members of the CDFI Fund’s Advisory Board Communities
Today, President Joe Biden announced the private citizens who will serve on the Community Development Advisory Board (the Advisory Board), a 15-person federal advisory committee to the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund). The function of the Advisory Board is to advise the CDFI Fund’s Director on the policies regarding the activities and…
HUD: $69 Million in New Investments Announced
New awards will support climate resilience and energy efficiency renovations. The U.S. Department of Housing and Urban Development (HUD) today announced $69.1 million in awards to properties across 10 states under its Green and Resilient Retrofit Program (GRRP) to support significant energy efficiency and climate resilience renovations in almost 2,000 homes. These Leading Edge grants and loans will increase…
SBA: FTC Chair and SBA Administrator to Hold Fireside Chat on September 12th
Federal Regulations Promote Fair Competition and Aim to Benefit Small Businesses Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s 34 million small businesses, and Federal Trade Commission Chair Lina Khan(Link is external), head of the U.S. Federal Trade Commission (FTC), will meet for a fireside chat…
HUD: Over $32 Million Awarded to Fight Housing Discrimination
Funding will support and promote fair housing nationwide. Today, the U.S. Department of Housing and Urban Development (HUD) awarded $31.7 million from its FY 2024 budget to support 75 fair housing organizations across the nation through the Fair Housing Initiatives Program (FHIP). These funds are being directed to second- and third-year multi-year grantees of the Private Enforcement…
CFPB: Report Highlights Consumer Protection Issues in Medical and Rental Debt Collection
Debt collectors are pursuing consumers using illegal tactics for debts they do not owe The Consumer Financial Protection Bureau (CFPB) today issued its annual report on debt collection, which highlights aggressive and illegal practices in the collection of medical debt and rental debt. The report discusses how problems with real estate companies’ “revenue management software” can result…
OCC: Minority Depository Institutions Advisory Committee Meeting Scheduled for September 24th
The Office of the Comptroller of the Currency (OCC) today announced it will host a public meeting of the Minority Depository Institutions Advisory Committee (MDIAC) on Tuesday, September 24, 2024. The meeting, which will be hosted in person and virtually, is open to the public and will begin at 8:30 a.m. Eastern Daylight Time (EDT)….
ABA: Foundation Encourages Banks to Host “Lights, Camera, Save!” Video Contest
The American Bankers Association Foundation is urging banks across the country to participate in its upcoming 14th annual Lights, Camera, Save! video competition that runs from Oct.1 to Dec.1. Lights, Camera, Save! is a national contest that encourages teens to use video to communicate the value of sound money management. The competition is one of the ABA…
SBA: Veterans Small Business Advisory Committees to Host Public Quarterly Meetings on September 10th and 12th
Today, the U.S. Small Business Administration (SBA) announced that the upcoming quarterly public meetings for the Interagency Task Force (IATF) on Veterans Small Business Development and the Advisory Committee on Veterans Business Affairs (ACVBA) will be held on Sept. 10 and 12, respectively. “The grit that defines veterans’ commitment to our nation makes them ideally suited for…
HUD: Funding Announced to Support People Experiencing or at Risk of Homelessness in Iowa
Grant awards will increase homelessness prevention and services across Iowa after severe storms, flooding and tornadoes The U.S. Department of Housing and Urban Development (HUD) today announced $686,019 to the State of Iowa, and the City of Des Moines to support people experiencing homelessness after extreme weather events from May 2024. Funding from the Rapid…