HUD: Disaster Assistance Announced for Iowa Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance to supplement state and local recovery efforts in the areas of Iowa affected by severe storms, straight-line winds, and tornadoes on December 15, 2021. On February 23, President Biden issued a major disaster declaration for the counties of Appanoose, Audubon,…
FHFA: Final Rule Amending the Enterprise Regulatory Capital Framework Announced
Amendments to the capital framework for Fannie Mae and Freddie Mac refine the leverage buffer and risk-based capital treatment of Credit Risk Transfer The Federal Housing Finance Agency (FHFA) today published a final rule that amends the Enterprise Regulatory Capital Framework (ERCF) by refining the prescribed leverage buffer amount (leverage buffer) and risk-based capital treatment of retained…
CDFI Fund: FY 2022 CDFI Bond Guarantee Program Application Period Opened
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2022 application period for the CDFI Bond Guarantee Program. A total of up to $500 million in bond guarantee authority is available for Eligible Community Development Financial Institutions (Eligible CDFIs) in FY 2022. Through the CDFI…
Census Bureau: Small Business Pulse Survey Phase 8 Weekly Data Released
The U.S. Census Bureau today released new data from Phase 8 of the Small Business Pulse Survey (SBPS), which measures the effect of changing business conditions during the coronavirus pandemic and other major events such as hurricanes on our nation’s small businesses. The SBPS complements existing Census Bureau data by providing detailed, near real-time information on the…
Census Bureau: New Educational Attainment Data Released
Today, the U.S. Census Bureau released findings from the Educational Attainment in the United States: 2021 table package that use statistics from the Current Population Survey’s Annual Social and Economic Supplement to examine the educational attainment of adults age 25 and older by demographic and social characteristics, such as age, sex, race and nativity. Data Highlights Age In 2021,…
HUD: Disaster Assistance Announced for Nebraska Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance to supplement state and local recovery efforts in the areas of Nebraska affected by severe storms, straight-line winds, and tornadoes on December 15, 2021. On February 23, President Biden issued a major disaster declaration for the counties of Adams, Buffalo,…
HUD: Statement on Black Homeownership Remaining Lower than a Decade Ago Despite the U.S. Homeownership Rate Experiencing Largest Annual Increase on Record
U.S. Housing and Urban Development Secretary Marcia L. Fudge on Thursday released the following statement on the National Association of Realtors®’ (NAR) 2022 Snapshot of Race and Home Buying in America report, which examines current racial disparities in the housing market. “Today, homeownership is the principal source of wealth creation for most American households. Unfortunately, NAR’s report…
FHFA: Updated Eligiblity Requirements for Enterprise Single-Family Seller/Servicers Re-Proposed
FHFA will collect industry feedback for 60 days Today, the Federal Housing Finance Agency (FHFA) re-proposed minimum financial eligibility requirements for Fannie Mae and Freddie Mac (the Enterprises) seller/servicers. This update will strengthen, and provide transparency and consistency of, required capital and liquidity for seller/servicers with different business models. “In an ongoing commitment to the safety…
FEMA: President Biden Approves Major Disaster Declaration for Nebraska
FEMA announced that federal disaster assistance has been made available to the state of Nebraska to supplement state, tribal and local recovery efforts in the areas affected by severe storms, straight-line winds and tornadoes on Dec. 15, 2021. Federal funding is available to the state, eligible local and tribal governments and certain private nonprofit organizations…
FEMA: President Biden Approves Major Disaster Declaration for Iowa
FEMA announced that federal disaster assistance has been made available to the state of Iowa to supplement state, tribal and local recovery efforts in the areas affected by severe storms, straight-line winds and tornadoes on Dec. 15, 2021. Federal funding is available to the state, eligible local and tribal governments and certain private nonprofit organizations…