HUD: $24.7 Million Awarded to Provide Affordable Housing to Support Community Living for Non-Elderly People with Disabilities
Today, the U.S. Department of Housing and Urban Development (HUD) announced the award of $24.7 million to 98 local public housing authorities (PHAs) across the country to provide permanent affordable housing to non-elderly persons with disabilities. This award allows these PHAs to house up to 2,210 additional families, and further support community integration for persons with…
FHFA: 2023 Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions Released
Today, the Federal Housing Finance Agency (FHFA) released the 2023 Scorecard for Fannie Mae and Freddie Mac (together, the Enterprises) and their joint venture, Common Securitization Solutions, LLC (CSS). Each year, FHFA releases an annual Scorecard to communicate and provide public awareness of its priorities and expectations for the Enterprises and CSS. “The annual Scorecard…
FEMA: New SBA Partnership Provides More than $38 Million in Expanded Assistance to Low-Income Disaster Survivors
In the past year, low-income disaster survivors have received more than $38.7 million in expanded assistance because of FEMA and the U.S. Small Business Administration’s policy changes to lower the minimum household income thresholds for some types of FEMA assistance. FEMA and SBA have programs that help survivors after a disaster, and many homeowners and…
Agencies Issue Joint Statement on Crypto-Asset Risks to Banking Organizations
Federal bank regulatory agencies today issued a statement highlighting key risks for banking organizations associated with crypto-assets and the crypto-asset sector and describing the agencies’ approaches to supervision in this area. In particular, the statement describes several key risks associated with crypto-assets and the crypto-asset sector, as demonstrated by the significant volatility and vulnerabilities over…
CFPB: New Report Issued on Complaints Regarding TransUnion, Experian, and Equifax
Analysis of nearly half a million complaints reveals ongoing challenges Today, the Consumer Financial Protection Bureau (CFPB) released an annual report that details improvements and deficiencies in the nationwide consumer reporting companies’ responses to consumer complaints transmitted by the CFPB. Today’s report includes considerations for the nationwide consumer reporting companies to improve compliance with consumer financial protection…
FEMA: President Biden Signs Major Declaration for the Havasupai Tribe
FEMA announced federal emergency aid has been made available to the Havasupai Tribe to supplement Tribal response and recovery efforts in areas affected by flooding from Oct. 1-2, 2022. The President’s action makes federal funding available to Tribal and certain private nonprofit organizations on a cost-sharing basis for emergency work and the repair or replacement…
FEMA: 2022 National Preparedness Report Underscores Continued Threat of Climate Change
FEMA released the 2022 National Preparedness Report today, revealing the impacts that climate change and associated natural disasters continue to have on emergency management capabilities and communities across the country. This year’s report presents preparedness data through the lens of risks and capabilities and underscores the challenges that emergency managers face in addressing a continuously expanding risk…
Census Bureau: Nation’s Urban and Rural Population Shift Following 2020 Census
The nation’s urban population increased by 6.4% between 2010 and 2020 based on 2020 Census data and a change in the way urban areas are defined, according to the new list of urban areas released today by the U.S. Census Bureau. Despite the increase in the urban population, urban areas, defined as densely developed residential, commercial, and…
FEMA: President Biden Approves Emergency Declaration for New York
FEMA announced today that federal disaster assistance has been made available to the state of New York to supplement state and local response efforts due to emergency conditions resulting from a severe winter storm beginning Dec. 23 and continuing. The President’s action authorizes FEMA to coordinate all disaster relief efforts to alleviate the hardship and suffering caused…