CDFI Fund: Update on CDFI Fund’s Certification Blackout Period Frequently Asked Questions Released
The Community Development Financial Institutions Fund (CDFI Fund) has provided an updated Frequently Asked Questions (FAQ) page for the CDFI Certification Blackout Period on its website. It supersedes the FAQ page published July 2022 by adding, revising, or updating select questions from the earlier edition. Updates include: When did the CDFI Fund stop accepting new…
HUD: Local Goverments Invited to Request Thriving Communities Technical Assistance to Align Housing and Infrastructure Investments
Today, the U.S. Department of Housing and Urban Development (HUD) opened the portal for local governments to request technical assistance for its Thriving Communities technical assistance program. This funding will help local governments ensure housing needs are considered as part of their larger infrastructure investment plans, with a focus on disadvantaged communities. The Bipartisan Infrastructure…
FHFA: Input Requested on Enterprise Single-Family Social Bond Program
Agency will also host public listening session Today, the Federal Housing Finance Agency (FHFA) issued a Request for Input (RFI) on Fannie Mae and Freddie Mac’s (together, the Enterprises) social bond policy. On March 28, 2023, FHFA will also host a public listening session to allow for additional input. Currently, each Enterprise issues labeled multifamily social bonds—neither issues…
CDFI Fund: Application Reminders and Updates for FY 2023 Capital Magnet Fund Applicants Released
As a reminder for fiscal year (FY) 2023 Capital Magnet Fund applicants, the deadline for online submission of the SF-424 Mandatory through Grants.gov is February 23, 2023 at 11:59 p.m. Eastern Time (ET). The deadline for online submission of the rest of the application materials through the CDFI Fund’s Awards Management Information System (AMIS) is…
Census Bureau: New National Experimental Data Product About Wellbeing Released
Today the U.S. Census Bureau released the first set of estimates from the National Experimental Wellbeing Statistics (NEWS) project, an experimental data product that uses a new methodology to calculate income and poverty estimates. The NEWS project is a research-driven trial with the aim of looking at different ways to enhance how we currently produce income and…
HUD: FHA Seeks Input to Enhance Financing for Homes in Need of Rehabilitation
Request for Information published today seeks industry input on ways to enhance FHA’s 203(k) Rehabilitation Mortgage Insurance Program to support housing supply and affordability. Today, the Federal Housing Administration (FHA) published a Request for Information in the Federal Register seeking public comments on ways it can enhance its Single Family 203(k) Rehabilitation Mortgage Insurance Program. The 203(k)…
EDA: U.S. Department of Commerce Seeks Public Input on New Tech Hubs Program
The U.S. Department of Commerce’s Economic Development Administration (EDA) is seeking public input on its new Tech Hubs program that aims to build and evolve innovation centers in key U.S. regions; accelerate regions’ evolution into a global leader in an industry of the future; and strengthen U.S. global competitiveness within critical technologies. “With the Tech Hubs program,…
CFPB: New Report Finds One-Third Decline in Collections Items on Consumer Credit Reports
Report underscores ongoing concerns about accuracy of collections data, particularly with respect to medical debt Today, the Consumer Financial Protection Bureau (CFPB) released a report examining trends in credit reporting of debt in collections from 2018 to 2022. The report found the total number of collections tradelines on credit reports declined by 33%, from 261…
FEMA: Pike County Added to Georgia Major Disaster Declaration
Pike County has been added to the major disaster declaration for Georgia’s severe storms, straight-line winds, and tornadoes of Jan. 12, meaning residents who sustained damage or losses from the storms may now apply for FEMA disaster assistance. The declaration allows FEMA to provide assistance to eligible individuals and households in eight counties: Butts, Henry, Jasper, Meriwether,…