Federal Banking Agencies to Host the 2020 National Interagency Community Reinvestment Conference in Denver, CO

The 2020 National Interagency Community Reinvestment Conference takes place in Denver from March 9 to 12. The conference is hosted by the three federal banking agencies, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency, and […]

CDFI Fund: FY 2020 CDFI Program and NACA Program Round Open for Applications

​Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2020 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program). The awards from these programs will support Community Development Financial Institutions […]

HUD: $655 Million Announced to Help Tribes Support More Affordable Housing

U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced more than $655 million in Indian Housing Block Grants (IHBG) to Native American Tribes in 38 States. Funding is distributed to eligible Tribes and their tribally designated housing entities (TDHEs) to carry out a range of affordable […]

FHFA: Fannie Mae and Freddie Mac Publish Joint Enterprise Credit Score Solicitation

The Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac (the Enterprises) have published a Joint Credit Score Solicitation.      “The publication of the solicitation is the first step in the process of evaluating new credit score models,” said FHFA Director Mark Calabria.  “FHFA will ensure that the Enterprises […]

HUD: $20 Million Awarded to Help Public Housing Residents Secure Higher Paying Jobs

Housing Authorities in nine communities will receive funding under Jobs Plus  U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today visited Carmelitos Public Housing Development and announced a $20 million investment to nine public housing agencies (PHA) to help public housing families increase their earned income and […]

FDIC: Farmers and Merchants Bank Assumes All of the Deposits of Ericson State Bank, Ericson, NE

Ericson State Bank in Ericson, Nebraska, was closed today by the Nebraska Department of Banking and Finance, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect depositors, the FDIC entered into a purchase and assumption agreement with Farmers and Merchants Bank in Milford, Nebraska, to assume all […]

HUD: 2020 Secretary’s Awards Kicks Off with Healthy Homes Competition

 Award is an excellent opportunity to highlight successful work on the state and local level intersectinghealth and housing Today, the U.S. Department of Housing and Urban Development (HUD) announced it’s opening this year’s HUD Secretary Awards for Healthy Homes. Promoting healthy homes that foster strong, vibrant communities and families has […]

SBA: Services Expanded for Women Entrepreneurs in South Carolina

 The U.S. Small Business Administration (SBA) is accepting grant applications for a new Women’s Business Center in South Carolina. This expansion of SBA services is part of the agency’s priority to open more doors for women entrepreneurs and increase access to resources in socially and economically disadvantaged communities. “This new grant opportunity […]

HUD: Bus Tour Arrives in Los Angeles

Visit with United Dwelling part of nationwide “Driving Affordable Housing Across America Bus Tour” U.S. Department of Housing and Urban Development Secretary Ben Carson today visited Los Angeles, California, as part of his “Driving Affordable Housing Across America Bus Tour.” Secretary Carson visited United Dwelling, an organization that creates accessory […]