HUD: Agency Increases Flexibility and Lowers Barriers for Public Housing Repositioning
Updated guidance provides more tools to keep housing safe, modern, and affordable HUD today announced updates to its public housing demolition and disposition program to make it easier for public housing authorities (PHAs) to address distressed public housing and maintain affordable housing in their communities through redevelopment. “Public housing should not be synonymous with blighted or derelict…
FDIC: CRA Examination Schedules for Fourth Quarter 2026 and First Quarter 2027 Issued
The Federal Deposit Insurance Corporation (FDIC) today issued the lists of institutions scheduled for a Community Reinvestment Act (CRA) examination during the fourth quarter 2026 and first quarter 2027. CRA regulations require each federal bank and thrift regulator to publish its quarterly CRA examination schedule at least 30 days before the beginning of each quarter. The…
Census Bureau: Agency Partners With Over 1,100 Institutions in Post-Secondary Employment Outcomes
he U.S. Census Bureau today announced new partnerships with institutions in Colorado, Maryland, New Mexico, New Jersey, Pennsylvania, Utah, Tennessee and Vermont for its Post-Secondary Employment Outcomes (PSEO) experimental data product. People considering attending college can use the PSEO to find earnings and employment outcome data by major, degree level, post-secondary institution and state. Partnerships with eight…
FDIC: Board of Directors Approves Interim Final Rule Regarding Reciprocal Deposits
The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved an interim final rule to implement section 902 of the 21st Century ROAD to Housing Act (the Housing Act), which amended the statutory framework governing reciprocal deposits. Consistent with the Housing Act, the interim final rule raises the amount of reciprocal deposits an “agent institution” may…
OCC: Agency Acts to Improve Transparency and Consistency to Bank Enforcement and Supervisory Standards
OCC issues two revised policies and procedures manuals; proposes amendments to Violations of Laws and Regulations framework The Office of the Comptroller of the Currency (OCC) today announced additional actions to focus supervisory attention on the most significant risks and violations and to provide banks greater clarity, consistency and certainty in how Matters Requiring Attention…
Agencies Issue Final Rule to Prioritize Material Financial Risks in Bank Examination
The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation (the agencies) today issued a final rule that continues their effort to focus examiners’ and institutions’ attention on material financial risks and compliance with banking and banking-related laws and regulations. The final rule is consistent with the objectives of the agencies’ proposal issued…
EDA: U.S. Department of Commerce Invests $41.6 Million in Disaster Supplemental Funding to Support Economic Development Projects in Five States
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced $41.6 million in Disaster Supplemental funding awards to five states, which were impacted by storms and natural disasters in 2023 and 2024. The EDA awards announced today are: “The Disaster Supplemental Grant Program was designed to help communities rally and rebuild their local economies…
FEMA: President Trump Approves Emergency Declaration for Hawaii
FEMA announced today that federal disaster assistance is available to the state of Hawaii to supplement state and local response efforts due to the emergency conditions resulting from Hurricane Lala from Aug. 14-16, 2026. The President’s action authorizes FEMA to coordinate all federal disaster relief efforts to alleviate the hardship and suffering caused by the emergency…
FEMA: President Trump Approves Major Disaster Declaration for Indiana
FEMA announced that federal disaster assistance is available to the state of Indiana to supplement recovery efforts in the areas affected by severe storms, straight-line winds, tornadoes and flooding from Aug. 11, 2026, and continuing. The President’s action makes federal funding available to affected individuals in Carroll, Dearborn, Decatur, Delaware, Fayette, Franklin, Hamilton, Hancock, Henry,…
SBA: Agency and Department of War Establish Smaller War Plants Commission in Historic Effort to Strengthen Defense Industrial Base Capacity
Today, the U.S. Small Business Administration (SBA) and the U.S. Department of War (DoW) announced a historic initiative to expand American military capacity, capability, and resilience by establishing the Smaller War Plants Commission (SWPC). Created through a new Memorandum of Understanding (MOU), the Commission will marshal federal resources to expand production capacity, eliminate burdensome regulations, accelerate innovation, and provide targeted capital…