HUD: Over $30 Million Awarded to Connect Public Housing Residents to Employment and Education to Help Bridge the Wealth Gap
Awards will go to Public Housing Agencies and will help increase economic mobility to families across the country. The U.S. Department of Housing and Urban Development (HUD) today awarded over $30 million to 14 Public Housing Agencies (PHAs) in 12 states to help families increase their earned income and improve their economic mobility through the…
CFPB: New Rule Proposed to Help Homeowners Avoid Foreclosure
Proposed rules would require servicers to help homeowners before foreclosing, give servicers more flexibility by reducing paperwork requirements, and improve communication with homeowners The Consumer Financial Protection Bureau (CFPB) today proposed new rules to make it easier for homeowners to get help when they are struggling to pay their mortgage. The proposal, if finalized, would…
HUD & FEMA: Agencies Partner to Enhance State Planning for Housing Recovery and to Build Resilience
Today, FEMA, in partnership with the U.S. Department of Housing and Urban Development (HUD), published the Pre-Disaster Housing Planning Initiative Report to promote collaborative approaches to disaster housing recovery challenges and to bolster state planning for housing recovery before disasters occur. “I’ve traveled throughout the country to witness the aftermath of natural disasters and the devastating…
HUD: FHA Program Expanded to Help Homeowners Repair Homes
The newly updated Federal Housing Administration Program will assist families looking for affordable financing to repair, purchase, or rehabilitate single-family homes. Today, the U.S. Department of Housing and Urban Development, through its Federal Housing Administration (FHA), published a newly updated set of policies for its 203(k) Rehabilitation Mortgage Insurance Program. The changes announced today will modernize…
EDA: $4 Million Invested to Establish Workforce Development Training Facility in Southern Arizona
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to the Pascua Yaqui Development Corporation, in Tucson, Arizona, to support workforce development at the Pascua Yaqui Reservation and surrounding community. This grant will support construction of a 3,200-square-foot workforce development facility and the acquisition…
EDA: $2.4 Million Invested to Utility Upgrades to Support Business Growth in Granite Falls, MN
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the city of Granite Falls, Minnesota, for electrical grid upgrades in support of local businesses. This grant will provide an updated utility infrastructure, providing businesses with reliable service during future natural disasters. This EDA…
EDA: $1.5 Million Invested for Airport Infrastructure Improvements to Support Business Development in Granbury, TX
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Granbury, Texas’ Economic Development Department for infrastructure improvements at Granbury Regional Airport to support business development in the region. This grant will provide airport access to larger aircraft, attracting additional businesses…
EDA: $1.3 Million Invested to Support Advanced Manufacturing Workforce Development in Parkersburg, WV
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to West Virginia University at Parkersburg (WVUP) to boost advanced manufacturing workforce training efforts in the region. This grant will support development of the WVUP Advanced Manufacturing Training Facility and the procurement of related equipment….
EDA: $690,000 Invested to Establish Integrated Therapy Center in Cleveland, NM
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $690,000 grant to Collins Lake Autism Center in Cleveland, New Mexico, to help build an integrated therapy center. This grant will support training for counselors and therapists who will provide mental health and trauma recovery following devastating wildfires in the area. This…
OCC: Minority Depository Institutions Advisory Committee Renewed and Nominations Open
The Office of the Comptroller of the Currency (OCC) has renewed the charter of its Minority Depository Institutions Advisory Committee (MDIAC) and is seeking nominations for its members. The MDIAC provides advice to the Comptroller of the Currency about minority depository institutions, their current condition, potential regulatory changes that may promote their health and viability,…