HUD and Census Bureau: Residential Construction Activity Report for December 2019

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for December 2019. Building Permits Privately owned housing units authorized by building permits in December were at a seasonally adjusted annual rate of 1,416,000. This is 3.9 percent […]

HUD: New Rule Proposed Recognizing Additional Building Codes and Standards to Encourage More Housing Development

Proposed Rule to Adopt New Safe Harbors for Complying with the Fair Housing Act’s Design and Construction Requirements in Multifamily Housing The U.S. Department of Housing and Urban Development (HUD) today announced a proposed rule that would recognize additional sets of standards and model building code editions that, when followed in the […]

FEMA: President Trump Signs Major Disaster Declaration for Puerto Rico

FEMA announced that federal emergency aid has been made available to the Commonwealth of Puerto Rico to supplement Commonwealth and local response efforts to the emergency conditions in the area affected by earthquakes beginning on Dec. 28, 2019, and continuing. The President’s action makes federal funding available to affected individuals […]

FDIC: Money Smart for Small Business Credit and Banking Modules Updated

Enhanced tools can help banks support small businesses As part of their ongoing commitment to strengthening bank-community partnerships, the Federal Deposit Insurance Corporation (FDIC) and U.S. Small Business Administration (SBA) today released two updates to the popular Money Smart for Small Business curriculum. The updated modules focus on banking and credit, and […]

HUD: Nearly $2.2 Billion Awarded to Local Homeless Programs

Funding supports thousands of local homeless housing and service programs U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced nearly $2.2 billion in grants to support thousands of local homeless assistance programs across the nation. HUD’s Continuum of Care grants will provide critically needed support to […]

HUD: Nearly $500,000 Awarded to Public Housing Authorities to Help Young People Aging Out of Foster Care

U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded $482,000 to four housing authorities to assist young people aging out of foster care and who are at risk of experiencing homelessness. See chart below. Secretary Ben Carson made the announcement during an interview with Jericka Duncan on CBS This […]

Federal Reserve: Community Depository Institutions Advisory Council Members Announced for 2020

The Federal Reserve Board on Tuesday announced the members of its Community Depository Institutions Advisory Council (CDIAC) and the president of the council for 2020. The CDIAC advises the Board on the economy, lending conditions, and other issues of interest to community depository institutions. Members are selected from representatives of […]

EDA: Indiana University and EDA Launch New USA Opportunity Zones Tool

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA), Indiana University (IU) and its Kelley School of Business announced the launch of the USA Opportunity Zones tool. This new web-based tool will help more than 390 EDA-designated Economic Development Districts (EDDs) across the nation, as well as local economic and […]