HUD: FHA Launches New Option to Help Struggling Borrowers Keep Their Homes
The new offering, called the Payment Supplement, will help borrowers bring their mortgage payments current and avoid foreclosure. FHA will also extend its full suite of loss mitigation options for all borrowers through April 30, 2025. The Federal Housing Administration (FHA) today announced a new loss mitigation home retention option for borrowers with FHA-insured single family forward…
ABA: Virginia Teen Named Grand Prize Winner for National “Lights, Camera, Save!” Video Contest
Grant Parsons, an 18-year-old student at West Potomac High School in Alexandria, Va., is the national winner of the American Bankers Association Foundation’s Lights, Camera, Save! teen video contest for his entry, “Don’t Burn That Bread.” The ABA Foundation announced the national contest winners today via a video posted to ABA’s Instagram page. Lights, Camera, Save! is a…
SBA: Updated Equity Action Plan Unveiled to Advance Commitment to Investing in Equity
Updates Focus on Providing Access to Capital and Entrepreneurial Support Services, Creating Economic Opportunities, and Advancing our National Economy Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses and startups, announced the SBA’s updated 2023 Equity Action Plan outlining actionable steps the…
HUD: 2023 Update to Equity Action Plan Released, Outlining New Commitments to Advance Equity
The U.S. Department of Housing and Urban Development (HUD) today released the 2023 Update to its Equity Action Plan, in coordination with the Biden-Harris Administration’s whole-of-government equity agenda. This Equity Action Plan is part of the Department’s efforts to implement the President’s Executive Order on “Advancing Racial Equity and Support for Underserved Communities Through the Federal Government,” which…
SBA: America’s Seed Fund Road Tour Visits Florida and Puerto Rico to Engage Startups and Small Businesses Working on Innovative, High-Impact Ideas
SBA Program Assists Entrepreneurs with Accessing Important R&D Capital The U.S. Small Business Administration (SBA)visited Orlando, Fla., on Feb. 7, and Puerto Rico on Feb. 9 during its America’s Seed Fund Road Tour, a national outreach effort to connect entrepreneurs working on advanced and innovative technology to the country’s largest source of early-stage research and development grant and contract…
SBA: 200,000th Boots to Business Entrepreneurship Course Trainee Graduates
Federal Program Helps Veterans Transition from Service to Startup Today, the U.S. Small Business Administration (SBA) announced the 200,000th graduate of the Boots to Business (B2B) program. This milestone re-emphasizes the long-standing importance of military-connected entrepreneurs to the nation’s economy and celebrates 11 years of B2B instructor achievements nationwide and overseas. “SBA’s Boots to Business program is about strengthening…
HUD: Housing Assistance Opportunities Expanded for Native Hawaiian Families
Final rule makes rental assistance and affordable housing opportunities more available under the Native Hawaiian Housing Block Grant Program. Today, the U.S. Department of Housing and Urban Development (HUD) issued a final rule to expand affordable housing opportunities in the form of rental assistance to Native Hawaiian families under the Department’s Native Hawaiian Housing Block…
FHFA: Multifamily Property Insurance Symposium Scheduled for March 13th
As a part of its continued efforts to foster meaningful dialogue on the growing challenges related to the availability and affordability of property insurance, the Federal Housing Finance Agency (FHFA) today announced it will host the next session in its series of property insurance symposiums on March 13, 2024. “The availability and affordability of insurance…
HUD: Input Requested to Strengthen Domestic Manufacturing for Housing Infrastructure Projects
Public Feedback sought to enhance Build America, Buy America implementation, understand market readiness, and foster domestic supply chains in housing infrastructure development. Today, the U.S. Department of Housing and Urban Development announced a Request for Information (RFI) regarding infrastructure projects that receive Federal Financial Assistance (FFA) and are or will be subject to the Build…
HUD: HHS and HUD’s Accelerator Program Partner to Address Homelessness
HHS and HUD’s Accelerator Program will Help States Expand Services to Make it Easier for People with Complex Medical Needs to Get and Keep Stable Housing The U.S. Department of Health and Human Services (HHS) and Department of Housing and Urban Development (HUD) are announcing that eight states and the District of Columbia (DC) have…