The U.S. Department of Housing and Urban Development (HUD) on Friday announced the appointment of six new members to its Housing Counseling Federal Advisory Committee, and the re-appointment of two current members of the Committee. In addition, HUD is announcing today that it intends to expand the Committee in the […]
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for August 2021: New Home Sales Sales of new single-family houses in August 2021 were at a seasonally adjusted annual rate of 740,000. This is 1.5 percent (±15.1 […]
Program has delivered over $10 billion in economic relief to 12,000 venues across the nation Today, U.S. Small Business Administration (SBA) Administrator Isabella Casillas Guzman announced the SBA began supplemental award notifications to eligible applicants this week, through the Shuttered Venue Operators Grant (SVOG) program. Thus far, the SBA has awarded over $10 billion in economic relief […]
Today, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will continue to offer COVID-19 forbearance to qualifying multifamily property owners as needed, subject to the continued tenant protections FHFA has imposed during the pandemic. This is the fourth extension of the programs, which […]
25 Colleges and Universities in EDA’s Chicago and Philadelphia Regions to Host EDA University Center Economic Development Technical Assistance Programs U.S. Secretary of Commerce Gina Raimondo today announced the grantees of the U.S. Economic Development Administration’s (EDA) 2021 University Center Economic Development Program Competition. EDA is providing a total of […]
More than 6 million homeowners helped since conservatorship The Federal Housing Finance Agency (FHFA) today released its second quarter 2021 Foreclosure Prevention and Refinance Report, which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 217,020 foreclosure prevention actions in the second quarter of 2021, bringing the total number of […]
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $6 million grant to the Commonwealth of the Northern Mariana Islands Public School System, Saipan, Northern Mariana Islands, to support construction of a vocational training facility. The EDA grant, to be […]
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4.4 million grant to the city of Sheffield, Alabama, to make wastewater treatment upgrades needed to support economic growth and job creation. The EDA grant will be matched with $1.4 million […]
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to the city of Detroit, Michigan, to reconstruct deteriorating roads in support of an automobile manufacturing plant that will begin producing all-electrical vehicles. This EDA project, to be […]
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.75 million grant to Southwestern Oregon Community College, Coos Bay, Oregon, to support the renovation and modernization of existing instructional space. This EDA project, to be matched with $2.75 million in […]