HUD: Rule Change on Rental Housing Assistance Proposed for Native Hawaiian Housing Block Grant Program
Proposed Rule Would Provide Clarity, Make Rental Assistance and Affordable Housing Opportunities More Available to Native Hawaiian Families This week, the U.S. Department of Housing and Urban Development (HUD) issued a proposed rule to expand rental assistance to Native Hawaiian families under the department’s Native Hawaiian Housing Block Grant (NHHBG) program. Under the proposed rule,…
HUD: Rental Assistance Demonstration Conversion Closed in Boston, MA to Preserve 445 Affordable Rental Homes
$66 million transaction with Boston Housing Authority (BHA) preserves and rehabilitates 445 public housing homes as permanently affordable housing at Mission Main. The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing announced today that it recently closed a Rental Assistance Demonstration (RAD) transaction with the Boston Housing Authority (BHA) in Boston, MA,…
CDFI Fund: Updated Program Information Now Available Based on 2016-2020 American Community Survey
BEA Program Eligibility and CDFI Program Investment Areas Revised with Data Release The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today updated Eligibility Data for the Bank Enterprise Award Program (BEA Program), as well as updated Investment Areas and Target Markets for the Community Development Financial Institutions Program (CDFI…
findCRA to Discuss CRA, Disaster Relief & COVID-19 with the ABA CRA Working Group
findCRA’s President, COO & Co-Founder, Brian Waters, will discuss CRA requirements for banks when tracking activities regarding disaster and pandemic relief with the American Bankers Association’s CRA Working Group on January 5, 2023. The virtual session will include an overview of regulatory guidance regarding bank activities undertaken in response to natural disasters for consideration during…
Census Bureau: Household Pulse Survey Phase 3.7 Monthly Data Released
The U.S. Census Bureau today released new data from phase 3.7 of the experimental Household Pulse Survey (HPS). The HPS is an effort by the Census Bureau and other federal statistical agencies to provide near real-time data on how the COVID-19 pandemic, and changes in social and economic conditions are affecting people’s lives to inform federal and…
EDA: $3 Million Invested to Grow Skilled Healthcare Workforce in Southwestern Wyoming
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to Western Wyoming Community College District, Rock Springs, Wyoming, to help diversify the economy by boosting the region’s healthcare workforce. The EDA project will renovate existing facilities and construct new educational spaces to support…
EDA: $2.4 Million Invested to Make Roadway Infrastructure Improvement in Support of Commerce in Eastern Ohio
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the County of Mahoning, Ohio, to support the Mahoning Avenue Industrial Corridor Upgrade project. The project will provide roadway upgrades, bridge replacements, drainage enhancements, and other necessary improvements to better position the corridor…
EDA: $640,994 Invested to Help Grow Seafood Industrial Park in Newport News, VA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $640,994 grant to the city of Newport News, Virginia, to support preliminary studies and design at the Seafood Industrial Park located in Newport News’ SouthEast neighborhood. This project supports necessary preliminary engineering and environmental work, development of a site plan, as well…
EDA: $725,000 Invested to Boost Workforce Training Efforts in Ottumwa, IA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $725,000 grant to Indian Hills Community College, Ottumwa, Iowa, to equip the college’s Career and Technical Education training facility at the Centerville campus. The EDA project will provide the equipment needed to facilitate effective training programs that will help meet regional demand for…
OCC: Annual Report for 2022 Released
The Office of the Comptroller of the Currency (OCC) today published its 2022 Annual Report. The OCC Annual Report provides Congress with an overview of the condition of the federal banking system, discusses the OCC’s strategic priorities and initiatives, and shares the agency’s financial management and condition. The report specifically highlights the OCC’s work to…