ABA: National Survey Finds U.S. Consumers Are Overwhelmingly Happy with Their Bank and Financial Industry “Highly Competitive”
Survey also found consumers highly value credit card rewards programs and don’t want the federal government to put them at risk Nine in 10 Americans with a bank account (86%) say they are “very satisfied” or “satisfied” with their primary bank, and 95% rate their bank’s customer service as “excellent,” “very good” or “good,” according…
ABA: Foundation Accepting Donations to Support Florida Hurricane Relief Efforts
The American Bankers Association Foundation today announced it will start collecting tax-exempt contributions through its Disaster Relief Program to help aid relief efforts in Florida after the devastation caused by Hurricane Ian. At the request of the Florida Bankers Association (FBA), the ABA Foundation will immediately begin accepting donations today at its website ABA.com/Florida. At the…
FEMA: President Biden Approves Emergency Declaration for North Carolina
FEMA announced that federal emergency aid has been made available to the state of North Carolina to supplement the state, tribal and local response efforts due to emergency conditions resulting from Hurricane Ian beginning Sept. 28 and continuing. The President’s action authorizes FEMA to coordinate all disaster relief efforts to alleviate the hardship and suffering caused by…
FEMA: President Biden Approves Major Disaster Declaration for Seminole Tribe of Florida
FEMA announced that federal disaster assistance has been made available to the Seminole Tribe of Florida to supplement tribal recovery efforts in the areas affected by Hurricane Ian beginning Sept. 23 and continuing. The President’s action makes federal funding available to affected tribal members. Assistance can include grants for temporary housing and home repairs, low-cost loans…
HUD: $5.4 Million Awarded to Public Housing Agencies to Correct Emergency Conditions
Set-Aside Funding Will Help Address Threats to the Health and Safety of Public Housing Residents The U.S. Department of Housing and Urban Development (HUD) today awarded $5.4 million to five Public Housing Agencies (PHAs) to correct emergency conditions that pose an immediate and imminent threat to the health and safety of public housing residents. The…
HUD: Section 202 Project Rental Assistance Renewal Contract Term Increases Announced
New, five-year rental assistance renewal contract terms reduce administrative barriers within program supporting housing for low-income seniors. The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced its intent to begin issuing Section 202 Project Rental Assistance Contracts (PRACs) with renewal terms of up to five years rather than the one-year terms…
CDFI Fund: $355 Million in Bond Funding Announced for Projects in Low-Income Communities
U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that Treasury has agreed to issue three guarantees totaling $355 million under the Community Development Financial Institution (CDFI) Bond Guarantee Program. The guarantees will be issued on behalf of five Eligible CDFIs under the fiscal year (FY) 2022 round of the…
FEMA: President Biden Approves Emergency Declaration for South Carolina
FEMA announced that federal emergency aid has been made available to the state of South Carolina to supplement the state, tribal and local response efforts due to emergency conditions resulting from Hurricane Ian beginning on Sept. 25 and continuing. The President’s action authorizes FEMA to coordinate all disaster relief efforts to alleviate the hardship and suffering…
FEMA: President Biden Approves Major Disaster Declaration for Virginia
FEMA announced that federal disaster assistance has been made available to the Commonwealth of Virginia to supplement state, tribal and local recovery efforts in the areas affected by the flooding and mudslides from July 13-14, 2022. Public assistance federal funding is available to the commonwealth, eligible local governments and certain private nonprofit organizations on a cost-sharing…