CRA Newswire

Census Bureau: Household Pulse Survey Phase 3 Biweekly Data Released

The U.S. Census Bureau today released new data from the extension of the third phase of the experimental Household Pulse Survey. The extension includes intent-to-vaccinate and stimulus payment questions. The Household Pulse Survey is the result of an effort by the Census Bureau and other federal statistical agencies to document temporal trends in how individuals are experiencing…

SBA: One Year 8(a) Program Extension Provided to Participants Due to COVID-19

Public Comments Due by March 15, 2021 The U.S. Small Business Administration  published an interim final rule effective January 13, 2021 allowing 8(a) Program participants to elect a one-year program extension in the SBA’s 8(a) Business Development Program due to the challenges of COVID-19. Eligible 8(a) firms must meet the following qualifications: Any firm that participated in the 8(a) Program…

CDFI Fund: Target Market Waiver Extended for Lending Under Round Three of Paycheck Protection Program

Target Market Waiver Extended for Lending Under Round Three of Paycheck Protection Program The U.S. Treasury Department and Small Business Administration (SBA) recently announced the reopening of a third round of the Paycheck Protection Program with $284 billion in funding that was authorized by the Coronavirus Response and Relief Supplemental Appropriations Act (Pub. L. 116-260). This includes…

HUD: FHA Provides Borrowers Struggling to Keep Their Homes Additional Time to Seek Forebearance

Extension of forbearance request deadline supports Biden Administration Day One actions to provide economic relief to those suffering financially due to COVID-19 Today, the Federal Housing Administration (FHA) announced that it will execute the Biden Administration’s request to extend the deadline for borrowers with FHA-insured mortgages who are struggling financially due to COVID-19 to request and receive…

SBA: Steps Taken to Improve First Draw Paycheck Protection Program Loan Review

 The U.S. Small Business Administration is taking steps to improve the First Draw Paycheck Protection Program loan review so that small businesses have as much time as possible to access much needed PPP funds. The Biden-Harris Administration is focused on ensuring small businesses receive the support they need to keep their doors open and continue to employ…

FHFA: House Price Index Up 1.0 Percent in November; Up 11.0 Percent from Last Year

House prices rose nationwide in November, up 1.0 percent from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA HPI®).  House prices rose 11.0 percent from November 2019 to November 2020. The previously reported 1.5 percent price change for October 2020 remained unchanged.  For the nine census divisions, seasonally adjusted monthly house price…

CDFI Fund: Question and Answer Sessions Scheduled for 2021 ACR Reporting Cycle

In light of substantive changes that have been made to its Annual Certification and Data Collection Report (ACR) for the 2021 reporting cycle, the Community Development Financial Institutions Fund (CDFI Fund) will be conducting quarterly conference calls to respond to questions specifically related to the ACR. The quarterly conference calls are intended to serve as a forum…

HUD: Acting Secretary Announces Extension of Eviction and Foreclosure Moratoriums through March 31, 2021

Agency actions extend eviction and foreclosure moratoriums on federally-backed single family mortgages through March 31, 2021 to provide urgent economic relief to homeowners impacted by COVID-19 Acting U.S. Housing and Urban Development (HUD) Secretary Matthew E. Ammon today announced that the Department has implemented President Biden’s requests to immediately extend eviction and foreclosure moratoriums on…

HUD: Biden Administration Authorizes Extension of FHA Single Family Foreclosure and Eviction Moratorium through March 31, 2021

One of the first Administration actions provides meaningful support to homeowners struggling financially as a result of the COVID-19 pandemic Yesterday, the Biden Administration requested the U.S. Department of Housing and Urban Development and other Federal Agencies to extend its foreclosure and eviction moratorium for single family mortgages insured by the Federal Housing Administration (FHA) or guaranteed…

FEMA: Lenoir County, NC Added to Hurricane Isaias Disaster Declaration

One more North Carolina county is eligible to apply for federal disaster assistance to supplement state and local Hurricane Isaias recovery efforts. FEMA Public Assistance funding is now available to local governments, state agencies and certain private nonprofits in Lenoir County if they were affected by Hurricane Isaias between July 31 and Aug. 4, 2020….