HUD: $1.4 Million Awarded for Research on Renter Outcomes During Disaster Recovery
The U.S. Department of Housing and Urban Development (HUD) today announced the awarding of $1.4 million in funding for research on outcomes of renter households during various phases of disaster recovery. Two awardees, The Urban Institute and Horne, LLP, will receive the funds under the (FY2022) Notice of Funding Opportunity (NOFO). “Disasters often result in…
HUD: Updated Public Housing Agency Disaster Readiness, Response and Recovery Guidebook Released
HUD Deputy Secretary Todman Announces Release of Updated Guidebook During Visit to Mixed-Income Housing Site in Miami, FL: It’s Critical that Public Housing Agencies Have the “Resources and Tools to Take a Proactive Approach to Protect Their Properties and the Safety and Well-Being of Residents” Release of Updated Guidebook Coincides with National Preparedness Month Today,…
FDIC: Results of Summary of Deposits Annual Survey Released
The Federal Deposit Insurance Corporation (FDIC) today released results of its annual survey of branch office deposits for all FDIC-insured institutions as of June 30, 2022. The FDIC’s Summary of Deposits (SOD) provides deposit totals for each of the more than 79,000 domestic offices operated by more than 4,700 FDIC-insured commercial and savings banks, savings…
Congress: Congresswoman Waters Introduces Legislation to Strengthen the CRA and End Modern-Day Redlining
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services introduced H.R. 8833, the “Making Communities Stronger Through the Community Reinvestment Act.” This transformative piece of legislation is a part of Chairwoman Waters’ continuing efforts to root out discrimination in our modern-day banking system and close the racial wealth and homeownership gaps by making…
EDA: Kathi Vidal Appointed to Serve as Third Federal Co-Chair of National Advisory Council on Innovation & Entrepreneurship
Today, U.S. Secretary of Commerce Gina Raimondo announced that Kathi Vidal, Under Secretary of Commerce for Intellectual Property and Director of the U.S. Patent and Trademark Office (USPTO), has been appointed as the third Federal Co-Chair of the National Advisory Council on Innovation & Entrepreneurship (NACIE). NACIE is a federal advisory committee managed by the U.S. Economic…
Census Bureau: The Number of People Working from Home Tripled Between 2019 and 2021
U.S. Census Bureau releases new 2021 American Community Survey 1-year estimates for all geographic areas with populations of 65,000 or more. Between 2019 and 2021, the number of people primarily working from home tripled from 5.7% (roughly 9 million people) to 17.9% (27.6 million people), according to new 2021 American Community Survey (ACS) 1-year estimates…
HUD: $9 Million Awarded to Provide Rental Assistance to Native American Veterans Experiencing Homelessness
The U.S. Department of Housing and Urban Development (HUD) today awarded 28 Tribal HUD-Veterans Affairs Supportive Housing (Tribal HUD-VASH) renewal awards, totaling more than $9 million, to provide rental assistance and supportive services to Native American Veterans experiencing or at risk of homelessness. “HUD is committed to serving Native American Veterans by ensuring that they…
HUD: $9 Million Awarded to Provide Rental Assistance to 218 Households with HIV/AIDS
The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $9 million to provide tenant-based rental assistance and supportive services to an estimated 218 households where one or more members are living with HIV/AIDS. The funds were awarded through HUD’s Housing Opportunities for Persons With AIDS (HOPWA) Program, the only Federal program dedicated…
OCC: Report Shows Overall Mortgage Performance Improvement
The Office of the Comptroller of the Currency (OCC) reported that the performance of first-lien mortgages in the federal banking system improved during the second quarter of 2022. The OCC Mortgage Metrics Report, Second Quarter 2022 showed that 97 percent of mortgages included in the report were current and performing at the end of the quarter, compared…
CDFI Fund: FY 2022 CDFI Equitable Recovery Program Applications Due by September 22nd
As a reminder for fiscal year (FY) 2022 CDFI Equitable Recovery Program (CDFI ERP) Applicants, the deadline for online submission of the Application through the CDFI Fund’s Awards Management Information System (AMIS) is September 22, 2022 at 11:59 PM ET. To ensure a successful Application submission, the CDFI Fund encourages all FY 2022 CDFI ERP Applicants to…