Data & Trends

CDFI Fund: Application Demand for FY 2024 Round of CDFI Program and NACA Program Released

The application period for the fiscal year (FY) 2024 funding round for the Community Development Financial Institutions Fund’s (CDFI Fund) Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) closed on February 15, 2024. In total, 948 organizations from across the country requested a combined level of approximately $1.55…

FHFA: U.S. House Prices Rise 6.5 Percent Over Last Year; Up 1.5 Percent from the Third Quarter 2023

 U.S. house prices rose 6.5 percent between the fourth quarter of 2022 and the fourth quarter of 2023, according to the Federal Housing Finance Agency (FHFA) House Price Index (FHFA HPI®). House prices were up 1.5 percent compared to the third quarter of 2023. FHFA’s seasonally adjusted monthly index for December was up 0.1 percent from November. “U.S. house prices increased…

Census Bureau: New StatVentures Competition Announced

The U.S. Census Bureau’s Census Open Innovation Labs today announced the launch of Phase 1 of the Address Geolocation Challenge, a new StatVentures competition. Phase 1 rules and requirements are available now on Challenge.gov. Interested applicants can submit applications from March 11 through April 19. The Address Geolocation Challenge invites the public to propose new ways to produce more complete, accurate,…

HUD and Census Bureau: New Residential Sales Report for January 2024 Released

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for January 2024: New Home SalesSales of new single‐family houses in January 2024 were at a seasonally adjusted annual rate of 661,000, according to estimates released jointly today by the U.S. Census Bureau…

HUD: $14 Million Awarded to Help Homeless Veterans Find Permanent Housing

In an effort to help homeless veterans and their families find permanent housing, The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) awarded $14 million in HUD-Veterans Affairs Supportive Housing (HUD-VASH) vouchers to 66 Public Housing Agencies (PHAs) across the country for over 1,400 vouchers. Please see…

Census Bureau: Household Pulse Survey Phase 4.0 Monthly Data Released

The U.S. Census Bureau today released new data from phase 4.0 of the experimental Household Pulse Survey (HPS). The HPS is an effort by the Census Bureau and other federal statistical agencies to measure how emergent issues are impacting U.S. households from a social and economic perspective. Topics for phase 4.0 include employment status, spending, food security, housing,…

ABA: Bank Economists Express Cautious Optimism About Credit Conditions in 2024

The latest summary of ABA’s Credit Conditions Index examines a suite of indices derived from the quarterly outlook for credit markets produced by ABA’s Economic Advisory Committee (EAC). The EAC includes chief economists from North America’s largest banks. Readings above 50 indicate that, on net, bank economists expect business and household credit conditions to improve, while readings…

Agencies Issue 2023 Shared National Credit Program Report

Federal bank regulatory agencies today reported in the 2023 Shared National Credit (SNC) report that credit quality associated with large, syndicated bank loans remains moderate. However, the agencies noted declining credit quality trends due to the pressure of higher interest rates on leveraged borrowers and compressed operating margins in some industry sectors. Risks in leveraged…

Census Bureau: Webinar Scheduled on New “My Community Explorer for Puerto Rico” Tool for Underserved and At-Risk Communities

The U.S. Census Bureau is scheduled to hold a webinar on Feb. 22 at 11:30 a.m. ET to show attendees how to use the new “My Community Explorer (MCE) for Puerto Rico 1.0” tool. The tool displays natural disaster layers, such as hurricanes, and shows the impact of significant disasters on at-risk communities and underserved…

CDFI Fund: Transition FAQs Released on the Census 2020 Island Areas Datasets and Updated 2016-2020 American Community Survey

CDFI Program, NACA Program, BEA Program, and NMTC Program updated Census transition documents and datasets. The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) recently released updated guidance and geographic eligibility data files for CDFI Certification, the Community Development Financial Institutions Program (CDFI Program), Native American CDFI Assistance Program (NACA Program),…