CDFI Fund: Virtual Public Meeting of the CDFI Fund’s Advisory Board Rescheduled to July 31st
The meeting of the Community Development Advisory Board (the Advisory Board) originally scheduled for July 7, 2023, has been rescheduled for Monday, July 31, 2023, at 2:00 p.m. Eastern Time. This meeting will be conducted virtually. The recently established CDFI Certification Subcommittee will present its official recommendations during this public meeting. The function of the Advisory Board is…
FEMA: President Biden Approves Major Disaster Declaration for Maine
FEMA announced that federal disaster assistance has been made available to the state of Maine to supplement state, tribal and local recovery efforts in the areas affected by a severe storm and flooding from April 30-May 1. The President’s action makes federal funding available to state, tribal and eligible local governments and certain private nonprofit organizations…
FEMA: President Biden Approves Major Disaster Declaration for South Dakota
FEMA announced that federal disaster assistance has been made available for the state of South Dakota to supplement state, tribal and local recovery efforts in the areas affected by flooding that occurred from April 9 to May 5, 2023. Federal funding is available to state, tribal and eligible local governments, and certain private nonprofit organizations…
FEMA: SummerReady Webinars Scheduled to Discuss Extreme Heat Preparedness and Mitigation Projects
In support of FEMA’s first ever #SummerReady campaign, the agency will host two webinars this summer for state, local, tribal and territorial officials to help stakeholders promote preparedness and resilience against extreme heat events. The webinars will highlight the collective efforts across several federal agencies to address this issue and identify specific types of hazard mitigation…
HUD: $30 Million Available to State and Local Fair Housing Enforcement Partners
Funding to support and promote fair housing nationwide The U.S. Department of Housing and Urban Development (HUD) announced today that it made $29.5 million in noncompetitive funding available on June 14 to HUD’s state and local fair housing enforcement agencies across the country under its Fair Housing Assistance Program (FHAP). The FHAP is an intergovernmental partnership…
HUD: Public Housing Inspections to Begin Under New Rule to Strengthen Inspection Standards in HUD-Assisted and Insured Housing
NSPIRE Final Rule Effective July 1 for Public Housing, October 1 for remaining HUD Rental Assistance Programs As of July 1, the U.S. Department of Housing and Urban Development (HUD) has the authority to begin inspecting public housing under the Final Rule for the National Standards for the Physical Inspection of Real Estate (NSPIRE) after…
FHFA: Notice of Proposed Rulemaking Issued to Amend the Suspended Counterparty Program Regulation
Today, the Federal Housing Finance Agency (FHFA) announced that it is seeking comment on a proposed rule that would amend the Suspended Counterparty Program (SCP) regulation. The SCP regulation requires any of FHFA’s regulated entities to submit a report to FHFA if the regulated entity becomes aware that an individual or institution with which it…
CFPB: Interagency Inquiry Launched into Costly Credit Cards and Loans Provided to Patients for Health Care Costs
Public input will bolster agencies’ broad efforts to safeguard consumers against predatory medical debt and collections practices Today, the Consumer Financial Protection Bureau (CFPB), U.S. Department of Health and Human Services (HHS), and U.S. Department of Treasury (Treasury) launched an inquiry into high-cost specialty financial products, such as medical credit cards and installment loans, that…
CDFI Fund: Program and Policy Input Requested on Capital Magnet Fund
The Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) requests public comments on how it can enhance and improve the impact of the Capital Magnet Fund (CMF), streamline or minimize the administrative burden on CMF Applicants and Award Recipients, as well as safeguard public funds. Information provided in response to this Request…
FEMA: President Biden Approves Major Disaster Declaration for North Dakota
FEMA announced that federal disaster assistance has been made available for the state of North Dakota to supplement state, tribal and local recovery efforts in the areas affected by flooding that occurred from April 10 to May 6, 2023. Federal funding is available to state, tribal and eligible local governments, and certain private nonprofit organizations on…