HUD: Secretary Carson Designates New EnVision Center in Houston, TX
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson announced the latest HUD EnVision Center designation, located at HUD Gulf Coast Center in Houston, Texas. This Center partners with Adaptive Construction Solutions (ACS) to assist the local community with wrap around services in Houston and the surrounding area. In less than a year,…
EDA: $2 Million Invested to Support Manufacturing Growth Near Opportunity Zone in Fayetteville, AR
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Fayetteville, Arkansas, to make roadway infrastructure improvements needed to support expansion efforts of area manufacturers and businesses in the Commerce District Industrial Corridor and improve the area’s resilience against flooding…
Census Bureau: Household Pulse Survey Phase 2 Biweekly Data Released
The U.S. Census Bureau today released new data from the second phase of the experimental Household Pulse Survey. The Household Pulse Survey is the result of an effort by the Census Bureau and other federal statistical agencies to document temporal trends in how individuals are experiencing business curtailment and closures, stay-at-home orders, school closures, changes in the…
HUD: Secretary Carson Hosts Discussion on Federal Government’s Response to Homelessness
U.S. Housing and Urban Development Secretary Ben Carson today held a roundtable in Austin, Texas, on the federal response to homelessness. Secretary Carson was joined by U.S. Interagency Council on Homelessness (USICH) Executive Director Dr. Robert Marbut and U.S. Representative Chip Roy (TX-21) for a discussion with local homelessness providers, medical experts, faith-based organization leaders,…
HUD: FHA Launches New Automated Underwriting System for Single Family Forward Mortgages
New FHA Catalyst functionality offers lenders the option to obtain automated mortgage insurance eligibility indicators directly from FHA The Federal Housing Administration (FHA) today announced the launch of its new automated underwriting system (AUS) for use by lenders originating mortgages for FHA insurance. Built on the FHA Catalyst technology platform, the new FHA Catalyst: Single Family…
FHFA: Temporary Policy Allowing Purchase of Qualified Loans in Forbearance Extended
November 30, 2020 is new expiration date To support homeowners and mortgage lenders, the Federal Housing Finance Agency (FHFA) has approved an extension of the current temporary policy that allows for the purchase of certain single-family mortgages in forbearance that meet specific eligibility criteria as set by Fannie Mae and Freddie Mac (the Enterprises). The…
EDA: $3 Million Invested to Establish Industrial Workspace in Washougal, WA Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Port of Camas-Washougal, Washougal, Washington, to make critical infrastructure improvements needed to establish an industrial workspace for use by local manufacturing firms. The EDA grant, to be located in a Tax Cuts and…
EDA: $1.2 Million Invested to Advance Technical Education Workforce Training Efforts in Eastern Idaho
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the College of Eastern Idaho, Idaho Falls, Idaho, to design and build an 80,000-square-foot career and technical education facility to house workforce training programs focused on the energy, environment, and technology fields. The…
HUD: $12.5 Million in Housing Counseling Grants Awarded
Supplemental funding will provide additional resources for HUD-approved housing counseling The U.S. Department of Housing and Urban Development (HUD) today awarded more than $12.5 million in supplemental housing counseling grants. These supplemental grants will support quality housing counseling services, including the foreclosure avoidance and rental counseling services used by many families as they work to…
HUD: FHA Extends COVID-19 Forbearance Request Timeframe for Single Family Homeowners
Extension through December 31, 2020, ensures homeowners who need assistance can continue to obtain mortgage payment forbearance Today, the Federal Housing Administration (FHA) announced it is extending the date for single family homeowners with FHA-insured mortgages to request an initial forbearance from their mortgage servicer to forbear their mortgage payments for up to six months. Homeowners experiencing…