HUD: New Resources Announced for Advancing Housing Protections for Survivors of Domestic Violence, Dating Violence, Sexual Assault and Stalking

New Website, Technical Assistance and Enforcement Guidance Strengthen Protections for Survivors Applying for and Living in HUD-Assisted Properties Today, the U.S. Department of Housing and Urban Development (HUD) announced new resources to advance housing protections for survivors of domestic violence, dating violence, sexual assault, and stalking under the Violence Against […]

SBA: Informational Webinars Announced for 2023 Growth Accelerator Fund Competition

Agency to Host Virtual Informational Events for Qualified Applicants February 6-9. Today, the U.S. Small Business Administration announced virtual events will be held for applicants for its seventh Growth Accelerator Fund Competition (GAFC). The GAFC will offer $13 million in prizes awarded in 2023 and 2024 aimed at expanding growth accelerators […]

HUD: Community Compass Technical Assistance and Capacity-Building Program Seeking Technical Assistance Providers

Today, the U.S. Department of Housing and Urban Development (HUD) is announcing the availability of at least $80,681,000 for the Community Compass TA Program and capacity-building activities for HUD’s customers. This program is focused on solving complex housing and community development challenges by equipping HUD customers with the knowledge, skills, […]

HUD: FHA Assistance Options Expanded for Borrowers Struggling to Make Mortgage Payments

Updated loss mitigation options will help borrowers struggling with their mortgage payments to avoid foreclosure. Today, the Federal Housing Administration (FHA) is announcing that it is expanding and enhancing its set of loss mitigation options used to help borrowers struggling to make mortgage payments on their FHA-insured mortgages. The enhancements extend FHA’s […]

FRB: Federal Reserve Board Policy Statement Issued to Promote a Level Playing Field for All Banks with a Federal Supervisor Regardless of Deposit Insurance Status

The Federal Reserve Board on Friday issued a policy statement to promote a level playing field for all banks with a federal supervisor, regardless of deposit insurance status. The statement makes clear that uninsured and insured banks supervised by the Board will be subject to the same limitations on activities, […]

OCC: Earned Income Tax Credit Awareness Day Promoted

To make more eligible working families aware of the benefits of the Earned Income Tax Credit (EITC), the Office of the Comptroller of the Currency is promoting EITC Awareness Day on January 27. The EITC is a refundable federal income tax credit for low- to moderate-income households. “The Earned Income Tax Credit […]

HUD: Over 100,000 Families & Individuals Housed through “House America” Homelessness Initiative

Milestone surpasses goal set by HUD Secretary Marcia L. Fudge and achieved by organizing leaders from 105 communities across 31 states and territories and the District of Columbia U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge today announced that states, municipalities, and tribes who joined House […]

CDFI Fund: Update on the CDFI Fund’s Certification Application Review Process

Additional Time Needed for CDFI Fund to Consider Robust Response to Recent Application Revisions The Community Development Financial Institutions Fund (CDFI Fund) will update its timeline for rolling out the new CDFI Certification Application and anticipates revising the version that was released for public comment in the Federal Register on November 4, […]

ABA: Foundation Launches 2023 Financial Education Campaigns, Three-Year Initiative to Reach 5 Million Americans

The theme for this year’s campaigns is ‘Protecting Your Financial Future’ The American Bankers Association Foundation today launched its 2023 financial education campaigns, calling on America’s banks and their more than two million employees to participate in these important industry programs and help more consumers achieve long-term financial stability. It […]

FHFA: Updates to the Enterprises’ Single-Family Pricing Framework Announced

The Federal Housing Finance Agency (FHFA) today announced further changes to Fannie Mae’s and Freddie Mac’s (the Enterprises) single-family pricing framework by introducing redesigned and recalibrated upfront fee matrices for purchase, rate-term refinance, and cash-out refinance loans.  “These changes to upfront fees will strengthen the safety and soundness of the […]