EDA: Grantees Announced Under 2022 University Center Competition
26 Colleges and Universities in EDA’s Atlanta and Seattle Regions to Host EDA University Center Economic Development Technical Assistance Programs; Nearly One-Third of Selected Institutions Are Minority Serving U.S. Secretary of Commerce Gina Raimondo today announced the grantees of the U.S. Economic Development Administration’s (EDA) 2022 University Center Economic Development Program Competition. EDA is providing…
FEMA: More than $3 Billion in Funding for Two FEMA Programs Announced to Increase Climate Resilience Nationwide
Today, Homeland Security Secretary Alejandro N. Mayorkas, FEMA Administrator Deanne Criswell and White House Infrastructure Coordinator and Senior Advisor to the President Mitch Landrieu, announced that FEMA is making funding available for two resilience grant programs for more than $3 billion to help communities become more resilient to climate change and associated extreme weather events and other…
FEMA: FEMA, State Emergency Management and Local Leaders Announce Historic Investments in Climate and Disaster Resilience
Today, FEMA Region 10 Administrator Wille G. Nunn joined Washington Emergency Management Division Director Robert Ezelle and local leaders in Aberdeen, WA, to announce Washington projects selected as part of President Biden’s historic $1.16 billion climate and disaster resilience investment and the availability of an additional $3.095 billion in funding opportunities for communities in Fiscal…
HUD: Deputy Secretary Travels to Alaska to Focus on Tribal Housing Supply
Nearly $285 million in HUD funding has been awarded to Tribal entities in Alaska over the past two years with more funding on the way The U.S. Department of Housing and Urban Development’s (HUD) Deputy Secretary Adrianne Todman was in Alaska this week to discuss Tribal housing supply with local leaders and organizations across the…
HUD: $10 Million Funding Opportunity Announced for Capacity Building in Rural America
Rural Capacity Building grants help non-profits build capacity to create affordable housing and stimulate community development in rural areas The U.S. Department of Housing and Urban Development (HUD) announced today that it will make available $10 million in Rural Capacity Building grants. The Rural Capacity Building (RCB) program enhances the capacity and ability of rural…
FHFA: Results of Fannie Mae and Freddie Mac Dodd-Frank Act Stress Tests Released
The Federal Housing Finance Agency (FHFA) today released a report providing the results of the annual stress tests that Fannie Mae and Freddie Mac (the Enterprises) are required to conduct under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). As amended, the Dodd-Frank Act requires certain financial institutions with more than $250…
CFPB: Agency Takes Action to Protect the Public from Unsafe Data Security Practices
Financial companies may be held liable for unfairly putting customers’ data at risk The Consumer Financial Protection Bureau (CFPB) confirmed in a circular published today that financial companies may violate federal consumer financial protection law when they fail to safeguard consumer data. The circular provides guidance to consumer protection enforcers, including examples of when firms…
CDFI Fund: Upcoming FY 2022 CDFI Equitable Recovery Program Deadlines Announced
As a reminder for FY 2022 CDFI Equitable Recovery Program (CDFI ERP) applicants, the deadline for online submission of the SF-424 through Grants.gov for this year’s CDFI ERP funding round is August 18, 2022 at 11:59 PM ET. Applicants must create an Awards Management Information System (AMIS) account and enter their Employer Identification Number (EIN)…
FEMA: President Biden Signs Major Disaster Declaration for Minnesota
FEMA announced federal emergency aid has been made available to the state of Minnesota to supplement state, tribal and local recovery efforts in areas affected by severe storms, straight-line winds, tornadoes and flooding from May 29-30, 2022. The President’s action makes federal funding available to state, tribal and eligible local governments and certain private nonprofit organizations on…
FHFA: Update to Servicers Announced to Maintain Fair Lending Data on Loans
The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac (the Enterprises) will require servicers to obtain and maintain fair lending data on their loans, and for this data to transfer with servicing throughout the mortgage term. The fair lending data to be maintained includes borrowers’ age, race, ethnicity, gender, and…