HUD and Census Bureau: New Residential Sales Report for March 2023 Released
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 March 2023: New Home SalesSales of new single‐family houses in March 2023 were at a seasonally adjusted annual rate of 683,000, according to estimates released jointly today by the U.S. Census Bureau…
HUD: $5 Million Announced to Help End Youth and Family Homelessness
The U.S. Department of Housing and Urban Development (HUD) announced that it will make available $5 million for new Family Unification Program (FUP) voucher assistance for youth and families who lack safe and adequate housing. This funding opportunity will help strengthen coordination among public housing authorities (PHAs), public child welfare agencies (PCWAs), and Continuums of…
HUD: Public Comments Sought on Potential Changes to Regulation Requiring Accessibilty and Prohibiting Discrimination on the Basis of Disability in HUD-Assisted Programs
Today, the U.S. Department of Housing and Urban Development (HUD) published an Advance Notice of Proposed Rulemaking (ANPRM) in the Federal Register. HUD is considering revising the Section 504 of the Rehabilitation Act of 1973 (Section 504) implementing regulation at 24 C.F.R. part 8 and requests public comment to assist HUD in considering potential revisions. Section 504…
FHFA: House Price Index Up 0.5 Percent in February 2023; Up 4.0 Percent from Last Year
U.S. house prices rose in February, up 0.5 percent from January, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House prices rose 4.0 percent from February 2022 to February 2023. The previously reported 0.2 percent price increase for January 2023 was revised downward to a 0.1 percent increase. For the nine census…
CFPB: Artificial Intelligence, Automated Systems and Advanced Technology Have the Potential to Result in Unlawful Discrimination
CFPB and Federal Partners Confirm Automated Systems and Advanced Technology Not an Excuse for Lawbreaking Behavior Four federal agencies jointly pledged today to uphold America’s commitment to the core principles of fairness, equality, and justice as emerging automated systems, including those sometimes marketed as “artificial intelligence” or “AI,” have become increasingly common in our daily…
CDFI Fund: FY 2023 CDFI Bond Guarantee Program Application Period Opens
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2023 application period for the CDFI Bond Guarantee Program. A total of up to $500 million in bond guarantee authority is available for Eligible Community Development Financial Institutions (Eligible CDFIs) in FY 2023. Through the CDFI…
ABA: Bank Volunteers Celebrate National Financial Literacy Month with Teach Children to Save Lessons
April 27 marks ABA Foundation’s 26th annual Teach Children to Save Day On April 27th, bank employees will deliver financial literacy lessons to K-8 students across the nation as part of the ABA Foundation’s 2023 Teach Children to Save Day. The annual Teach Children to Save campaign is a centerpiece of the banking industry’s longstanding commitment…
FEMA: President Biden Approves Major Disaster Declaration for Oklahoma
FEMA announced that federal disaster assistance has been made available to the state of Oklahoma to supplement state, tribal and local recovery efforts in the areas affected by severe storms, straight-line winds and tornadoes from April 19-20, 2023. The President’s action makes federal funding available to affected individuals in McClain and Pottawatomie counties. Assistance can…
FEMA: President Biden Approves Major Disaster Declaration for Texas
FEMA announced that federal disaster assistance has been made available to the state of Texas to supplement state and local recovery efforts in the areas affected by a severe winter storm from Jan. 30 to Feb. 2, 2023. Public Assistance federal funding is available to the state and eligible local governments and certain private nonprofit organizations…
HUD: Action Plan to Remove Unnecessary Barriers to Housing for People with Criminal Records Released
In weeks ahead, HUD will introduce rulemaking, establish a process for individualized assessments, and outline guidelines for public housing authorities HUD Secretary challenges public housing authorities to review current processes Today, U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge announced further steps HUD will take to ensure that qualified people are…