SBA: Guidance Announced Regarding Applicant Deadlines for COVID Economic Injury Disaster Loan Program

Agency Strongly Encourages Submission of Supplemental Advance Applications by December 10; All Applications Due by December 31 Today, the U.S. Small Business Administration (SBA) announced updated guidance for COVID Economic Injury Disaster Loan (EIDL) program applicants to better serve small business owners in need, while funding remains available. Since its inception, the […]

EDA: $1.1 Million in CARES Act Recovery Assistance Invested to Develop Local Food Supply Chains and Diversify the Regional Economy in Philadelphia, PA

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million CARES Act Recovery Assistance grant to the Board of Control for Southern Regional Education to develop local food supply chains in Philadelphia, Pennsylvania. This grant will facilitate the immediate […]

EDA: $500,000 in CARES Act Recovery Assistance Invested to Improve Broadband Access in Medina County, TX

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 CARES Act Recovery Assistance grant to the county of Medina, Texas, to improve broadband access. The EDA grant will support local business and community needs by providing broadband infrastructure. The project will increase high-speed internet access […]

HUD: Agency Climate Action Plan Released

As part of the Biden-Harris Administration’s whole-of-government approach to confronting the climate crisis, the U.S. Department of Housing and Urban Development (HUD) released its Climate Action Plan, which details a comprehensive strategy to reduce the agency’s energy and carbon footprint and put our nation’s communities on the path to building more equitable, […]

FHFA: 2022 Scorecard for Fannie Mae, Freddie Mac and Common Securitization Solutions Released

Today, the Federal Housing Finance Agency (FHFA) released the 2022 Scorecard for Fannie Mae, Freddie Mac (the Enterprises), and Common Securitization Solutions, LLC (CSS). The purpose of the 2022 Scorecard is to hold the Enterprises and CSS accountable for fulfilling their core mission requirements by promoting sustainable and equitable access […]

HUD: Formation of Tribal Intergovernmental Advisory Committee Announced

First-of-its-kind committee will offer counsel on specific housing and infrastructure needs for Indian Country Today, the U.S. Department of Housing and Urban Development (HUD) announced the formation of the Tribal Intergovernmental Advisory Committee (TIAC), as part of the Biden-Harris Administrations commitment to engaging with Tribal Nations. The announcement comes as […]

CFPB: Input Requested on Detecting Discrimination in Mortgage Lending

Insights gathered will support a fairer mortgage market Today, the Consumer Financial Protection Bureau (CFPB) issued a Request for Information (RFI) to seek input on rules implementing the Home Mortgage Disclosure Act (HMDA). The CFPB plans to review recent changes to the rule and evaluate their effectiveness. This evaluation will […]

Census Bureau: Small Business Pulse Survey Phase 7 Started

The U.S. Census Bureau today announced the beginning of data collection for Phase 7 of the Small Business Pulse Survey (SBPS). This experimental survey was designed and launched in April 2020 to measure the effect of changing business conditions during the coronavirus pandemic, as well as other major events such as hurricanes […]

HUD: FHA 2021 Annual Financial Report to Congress Released

Capital ratio remains above statutory minimum benefitting from rapid home price appreciation and a steady recovery from COVID-19 pandemic delinquencies. The U.S. Department of Housing and Urban Development (HUD) today released its fiscal year (FY) 2021 report to Congress on the financial health of the Federal Housing Administration (FHA) Mutual Mortgage Insurance […]

FHFA: FY 2021 Performance and Accountability Report Released

The Federal Housing Finance Agency (FHFA) today released its annual Performance and Accountability Report, which details FHFA’s activities as regulator of the Federal Home Loan Bank System and as regulator and conservator of Fannie Mae and Freddie Mac during fiscal year 2021. For the thirteenth consecutive year, FHFA received an […]