EDA: $2.6 Million in CARES Act Recovery Assistance Invested to Establish a Medical Training Facility and Create Jobs in Keyser, WV
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million CARES Act Recovery Assistance grant to Potomac Valley Hospital, Keyser, West Virginia, for the construction of a new 12,000-square foot medical training facility. The new facility will offer state-of-the art equipment, including broadband connectivity,…
EDA: $1.6 Million in CARES Act Recovery Assistance Invested to Expand a Workforce Training Facility in Roxbury, MA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million CARES Act Recovery Assistance grant to Morgan Memorial Goodwill Industries, Inc., Roxbury, Massachusetts, to expand a workforce training facility and strengthen the local economy. This project will make infrastructure upgrades needed to expand an…
Census Bureau: Household Pulse Survey Phase 3.3 Begins
The U.S. Census Bureau today announced the beginning of data collection for phase 3.3 of the experimental Household Pulse Survey (HPS). The HPS is now a monthly release as current changes in data no longer warrant a biweekly data collection, and we work to reduce respondent burden. This phase includes updated vaccination questions that expand response options…
HUD: FHA Single Family Title II Forward and Home Equity Conversion Mortgage Loan Limits for 2022 Announced
The Federal Housing Administration (FHA) on Tuesday announced new loan limits for calendar year 2022 for its Single Family Title II forward and Home Equity Conversion (reverse) Mortgage (HECM) insurance programs. Loan limits for most of the country will increase in the coming year resulting from robust house price appreciation, which is factored into the…
HUD: $41 Million Awarded in HOPWA Grants to Provide Housing to Low-Income Persons Living with HIV and Their Families
The U.S. Department of Housing and Urban Development’s (HUD) Office of HIV/AIDS Housing today announced it will award $41 million in Housing Opportunities for Persons With AIDS (HOPWA) competitive grants to 20 local governments and non-profit organizations through the HOPWA: Housing as an Intervention to Fight AIDS funding opportunity. “The importance of affordable housing and…
CFPB: New Research Shows Banks’ Deep Dependence on Overdraft Fees
Overdraft and Non-Sufficient Fund Penalties Made up Two-Third of Reported Fee Revenue Banks continue to rely heavily on overdraft and non-sufficient funds (NSF) revenue, which reached an estimated $15.47 billion in 2019, according to research released today by the Consumer Financial Protection Bureau (CFPB). Three banks—JPMorgan Chase, Wells Fargo, and Bank of America—brought in 44%…
Census Bureau: Experimental 2020 American Community Survey 1-Year Data Released
The U.S. Census Bureau today released experimental 1-year estimates from the American Community Survey (ACS), one of the nation’s most comprehensive sources of population and housing information about the United States. The experimental data cover a limited number of topics for the nation, all 50 states and the District of Columbia. A technical report, blog and 1-Year Public Use Microdata…
FHFA: U.S. House Prices Rise 18.5 Percent Over the Last Year; Up 4.2 Percent from the Second Quarter 2021
U.S. house prices rose 18.5 percent from the third quarter of 2020 to the third quarter of 2021 according to the Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices were up 4.2 percent compared to the second quarter of 2021. FHFA’s seasonally adjusted monthly index for September was up 0.9 percent from August. “House price appreciation reached its…
FHFA: Conforming Loan Limits for 2022 Announced
Baseline Conforming Loan Limit Will Increase to $647,200 The Federal Housing Finance Agency (FHFA) today announced the conforming loan limits (CLLs) for mortgages to be acquired by Fannie Mae and Freddie Mac (the Enterprises) in 2022. In most of the U.S., the 2022 CLL for one-unit properties will be $647,200, an increase of $98,950 from…