HUD: New Online Housing Counseling Locator Tool Released
New online and telephonic technology provides more information and easier access for consumers seeking assistance from HUD-approved housing counseling agencies and national intermediary organizations. The U.S. Department of Housing and Urban Development (HUD) announced on Tuesday the implementation of new technology providing expanded information for those seeking assistance from a HUD-approved housing counseling agency. The…
EDA: $3.4 Million Invested to Support Diversified Business and Job Growth in Georgetown, SC
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.4 million grant to Georgetown, South Carolina, for water treatment plant upgrades needed to stimulate business and job growth. This project will provide the modern infrastructure needed to support local business needs and attract new, diversified…
EDA: $787,620 Invested to Boost Workforce Training Programs in Eastern Iowa
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $787,620 grant to Eastern Iowa Community Colleges (EICC), Davenport, Iowa, to procure equipment needed to support Welding and Computer Numerical Control (CNC) career technologies programs. This grant will expand and enhance the programs offered at EICC’s Regional Career Academy campuses in Clinton…
EDA: $3.2 Million Invested to Capitalize Revolving Loan Fund to Serve Small Businesses in Southern Kentucky
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.2 million grant to Purchase Area Development District (Purchase ADD), Mayfield, Kentucky, to capitalize and administer a revolving loan fund to serve businesses in Graves, Ballard, Calloway, Carlisle, Fulton, Hickman, McCracken and Marshall counties. This investment…
Census Bureau: Enhacements to the Census Address Geocoding Tool Now Available
The U.S. Census Bureau released the newly designed cloud-based Census Geocoder web application that allows for faster and more efficient processing times. This redesign features a more stable environment with scalable and quicker returns, and an enhanced user experience on desktops, tablets and mobile devices. The Census Geocoder is an address lookup tool that allows businesses, governments…
FHFA: Inaugural Mission Report for 2021 Issued on Economic Development and Affordable Housing Efforts
Inaugural report highlights regulated entities’ progress in supporting greater access to financing for targeted economic development and affordable, sustainable, and equitable housing The Federal Housing Finance Agency (FHFA) today released its inaugural Mission Report that describes the activities of Fannie Mae and Freddie Mac (the Enterprises) and the Federal Home Loan Banks (FHLBanks) in 2021…
ABA: Bank Economists Foresee Economic Soft Landing, But Downside Risks Challenge Outlook
The U.S. economy will continue to expand through 2024, but at a slower pace than its long-term potential, according to the latest forecast of the American Bankers Association’s Economic Advisory Committee. The economists also expect inflation to gradually slow toward the Federal Reserve’s objective of 2% over the next two years. The committee, made up…
Census Bureau: Household Pulse Survey Phase 3.5 Begins
The U.S. Census Bureau today announced the beginning of data collection for phase 3.5 of the experimental Household Pulse Survey (HPS). Phase 3.5 includes new questions on timing of positive COVID-19 testing, use of coronavirus treatments, the experience of long-COVID symptoms, amount of monthly rent and changes in monthly rent, children’s mental health and difficulty with self-care and…
HUD: “Our Way Home” Initiative Launched to Increase Affordable Housing Supply in Local Communities
Secretary Fudge, HUD Regional Administrators to lead a Department-wide Day of Action for Our Way Home Campaign Launch U.S. Housing and Urban Development Secretary Marcia L. Fudge on Wednesday launched the Our Way Home initiative, a new effort to boost the nation’s affordable housing supply. Our Way Home builds on the Biden-Harris Administration’s actions to address communities’ housing supply…