FEMA: President Biden Approves Major Disaster Declaration for Mississippi
FEMA announced that federal disaster assistance has been made available to the state of Mississippi to supplement state, tribal and local recovery efforts in the areas affected by severe storms, straight-line winds and tornadoes on March 24-25, 2023. The President’s action makes federal funding available to affected individuals in Carroll, Humphreys, Monroe and Sharkey counties. Assistance…
FDIC: First–Citizens Bank & Trust Company, Raleigh, NC, to Assume All Deposits and Loans of Silicon Valley Bridge Bank, N.A., from the FDIC
The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement for all deposits and loans of Silicon Valley Bridge Bank, National Association, by First–Citizens Bank & Trust Company, Raleigh, North Carolina. The 17 former branches of Silicon Valley Bridge Bank, National Association, will open as First–Citizens Bank & Trust Company on Monday,…
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 on Dec. 23-24, 2022. Public Assistance federal funding is available to the state, tribal and eligible local governments and certain private nonprofit…
FEMA: Updated Guide Released to Help Communities with Resilience Grants Process
FEMA released an updated and consolidated guidance to help grant applicants successfully navigate our mitigation grant programs to enhance climate resiliency. Following a multi-year effort and robust community engagement, FEMA updated the Hazard Mitigation Assistance Program and Policy Guide to reduce complexities and increase stakeholder accessibility to resilience grant programs. This is the first update to the guide…
Census Bureau: Household Pulse Survey Phase 3.8 Monthly Data Released
The U.S. Census Bureau today released new data from phase 3.8 of the experimental Household Pulse Survey (HPS). The HPS is an effort by the Census Bureau and other federal statistical agencies to inform federal and state response and recovery planning by providing near real-time data on the social and economic effects of the COVID-19 pandemic and…
HUD and Census Bureau: New Residential Sales Report Issued for February 2023
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 February 2023: New Home Sales Sales of new single‐family houses in February 2023 were at a seasonally adjusted annual rate of 640,000, according to estimates released jointly today by the U.S. Census…
HUD: $30 Million in Funding Available for Public Housing Agencies to Help Youth Aging Out of Foster Care
Agencies are encouraged to apply for funding The U.S. Department of Housing and Urban Development (HUD) announced that it will make available $30 million to public housing authorities (PHAs) on a non-competitive basis through HUD’s Foster Youth to Independence (FYI) Initiative to provide housing assistance to young adults who are transitioning out of foster care…
SBA: Second Annual Women’s Business Summit Announced for March 28-29, 2023
The summit convenes women entrepreneurs and thought leaders from across the public and private sectors In honor of Women’s History Month, the U.S. Small Business Administration (SBA) will hold its 2023 Women’s Business Summit from March 28-29, 2023. The two-day hybrid summit will feature virtual panels, “Ask an Expert” workshops, and fireside chats to help women-owned small businesses…
FHFA: Fourth Quarter 2022 Foreclosure Prevention and Refinance Report Released
More than 6.7 million troubled homeowners helped during conservatorships The Federal Housing Finance Agency (FHFA) today released its fourth quarter 2022 Foreclosure Prevention and Refinance Report. The report shows that Fannie Mae and Freddie Mac (the Enterprises) completed 52,469 foreclosure prevention actions during the quarter, raising the total number of homeowners who have been helped…
EDA: $1.3 Million Invested to Boost Aerospace Sector in Greenville, TX
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the city of Greenville, Texas, to make roadway improvements needed to expand the region’s critical aerospace sector. This project will construct a new roadway alignment for the existing Majors Road at Greenville Municipal Airport…