ICBA: New ThinkTECH Accelerator Cohort Named to Help Community Banks Tackle Innovation Priorities
The Independent Community Bankers of America® (ICBA) today announced the selected companies for its eleventh ICBA ThinkTECH Accelerator program (AP11). Running May 18 – July 24, the second cohort of 2026 reflects feedback from ICBA’s ThinkTECH Selection and Advisory Committee and targets priority areas for community bank innovation, including fraud mitigation, artificial intelligence, data analytics,…
HUD: Agency Declares Little Rock Housing Authority in Substantial Default and Initiates Possession
Action Builds on Secretary Turner’s Commitment to Hold Public Housing Authorities Accountable for Mismanagement The Department of Housing and Urban Development (HUD) today declared the Housing Authority of the City of Little Rock, operating as the Metropolitan Housing Alliance (MHA), in Substantial Default for failing to meet the terms of its federally mandated Recovery Agreement….
HUD: Environmental Reviews Streamlined to Lower Multifamily Development Costs
FHA updates remove outdated requirements, cut inefficiencies, and support housing production HUD announced updates to environmental review requirements for multifamily housing, removing outdated provisions that have increased costs and complexity for lenders and developers. These changes, issued through HUD’s Federal Housing Administration (FHA) via a Mortgagee Letter, revise the Multifamily Accelerated Processing (MAP) Guide to streamline outdated and burdensome…
ABA: Foundation Marks Older Americans Month and Celebrates 10 Years of Safe Banking for Seniors
In recognition of Older Americans Month, the ABA Foundation today celebrated the 10-year anniversary of its Safe Banking for Seniors program—an industry-leading initiative that equips banks with practical, ready-to-use tools to help older adults and their caregivers protect themselves from financial exploitation. Over the past decade, more than 2,050 banks have used Safe Banking for Seniors resources…
ABA: Submissions Now Open for 14th Annual Community Commitment Awards
The American Bankers Association Foundation is now accepting submissions for its 14th annual Community Commitment Awards, ABA’s highest honors for extraordinary community engagement. Banks of all sizes are encouraged to enter successful community initiatives for the awards, which recognize innovative, high-impact bank programs that improve the quality of life for the communities they serve. The entry…
FDIC: Anchor Bank Assumes Insured Deposits of Community Bank and Trust – West Georgia, LaGrange, Georgia
Community Bank and Trust – West Georgia of LaGrange, Georgia was closed today by the Georgia Department of Banking and Finance, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The FDIC entered into an agreement with Anchor Bank of Palm Beach Gardens, Florida to assume substantially all insured deposits and acquire certain assets…
HUD: Agency Moving Forward on Bold Homelessness Reform
Today, HUD is announcing that homelessness-related service providers across the nation can expect the 2026 Continuum of Care (CoC) Notice of Funding Opportunity (NOFO) to be published by June 1, 2026. Further, applicants can expect awards to be made by December 1, 2026. The CoC Program is a national competition designed to promote community-wide efforts…
HUD: HUD and USDA Announce Major Rescission of Building Code Requirements
Secretary Scott Turner and Secretary Brooke Rollins today announced the rescission of a costly Biden Administration-era policy which added at least $20,000 to the cost of home construction. A 2024 Final Determination issued under President Biden rendered all new home construction ineligible for an FHA or USDA-backed mortgage loan unless the home was built according…
Treasury: Department Moves to Prevent Abuse of Community Development Financial Institutions Fund Programs
The U.S. Department of the Treasury announced today that is has initiated a review of certified Community Development Financial Institutions (CDFIs) to identify potential violations of applicable law or CDFI requirements and to help ensure that CDFIs that receive federal assistance act as proper stewards of taxpayer funds. “CDFIs play a critical role in…
SBA: National Small Business Week 2026 Virtual Summit Agenda Announced
America’s Small Business Development Center to Co-host Free Two-Day Virtual Summit from May 5-6 Today, the U.S. Small Business Administration announced its full agendafor the National Small Business Week 2026 Virtual Summit, a free two-day online event that will take place May 5-6. The event is co-sponsored by America’s Small Business Development Center (ASBDC) and will feature educational workshops presented by cosponsors, access to…