CRA Newswire

CDFI Fund: Public Comments Requested on CDFI Program and NACA Program Applications

Input Needed on Revised FY 2023-2025 Financial Assistance and Technical Assistance Applications The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork…

FEMA: President Biden Approves Major Disaster Declaration for the Muscogee (Creek) Nation

FEMA announced that federal disaster assistance has been made available to the Muscogee (Creek) Nation and ordered federal aid to supplement the tribe’s efforts in the areas affected by the severe winter storm from Dec. 21-25, 2022. Federal funding is available to the Tribal Nation on a cost-sharing basis for emergency work and the repair…

CFPB: New Findings Published on Financial Profiles of Buy Now, Pay Later Borrowers

Report finds consumers using Buy Now, Pay Later were more likely to be using credit cards, payday loans, and other high-interest financial services The Consumer Financial Protection Bureau (CFPB) has published a new report analyzing the financial profiles of Buy Now, Pay Later borrowers. While many Buy Now, Pay Later borrowers use the product without…

Census Bureau: Household Pulse Survey Phase 3.8 Announced

The U.S. Census Bureau today announced the beginning of data collection for 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…

SBA: Small Business Digital Alliance Marks One-Year Anniversary

A growing list of national members and local allies support small businesses going digital Today, the Small Business Digital Alliance (SBDA), a co-sponsorship between the U.S. Small Business Administration (SBA)and Business Forward, Inc., celebrates its one-year anniversary. The SBDA provides a comprehensive suite of free digital resources, virtual trainings, and expanded opportunities to help small businesses grow their online…

OCC: CRA Evaluations for 22 National Banks and Federal Savings Associations Released

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of February 1, 2023, through February 28, 2023. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. The…

CFPB: New CFPB Issue Spotlight Examines High Fees that Chip Away at Public Benefits

Recipients of public cash assistance programs can be subjected to inadequate customer service and fees that cut into benefits The Consumer Financial Protection Bureau (CFPB) released a new issue spotlight examining how the financial products used to deliver public benefits, like Social Security and unemployment compensation, affect individuals’ ability to fully access the assistance provided…

CFPB: New Advisory Committee Member Appointments Announced

The Consumer Financial Protection Bureau (CFPB) announced today the appointment of new members to the Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. The Dodd-Frank Wall Street Reform and Consumer Protection Act charges the CFPB with establishing a Consumer Advisory Board to provide advice on a variety of…

FEMA: $350 Million Awarded for Humanitarian Assistance Through the Emergency Food and Shelter Program

Today, the Department of Homeland Security, through FEMA, announced it will publish a Notice of Funding Opportunity (NOFO) for $350 million under the humanitarian portion of the Emergency Food and Shelter Program (EFSP-H) to help local communities around the country better manage the costs of noncitizen arrivals in their communities. This is the first major…

Census Bureau: New Dashboard Released to Explore Impacts of Federal Broadband Investments on Local Communities

The U.S. Census Bureau, in partnership with the National Telecommunications and Information Administration (NTIA), today announced the launch of the ACCESS BROADBAND Dashboard. ACCESS BROADBAND stands for Advancing Critical Connectivity Expands Service, Small Business Resources, Opportunities, Access, and Data Based on Assessed Need and Demand Act. The new data tool shows how changes in broadband infrastructure…