SBA: USDA and SBA Strengthen Partnership to Create Jobs and Economic Growth in Rural America
Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s 33 million small businesses, announced today that the SBA is strengthening its longstanding partnership with the U.S. Department of Agriculture (USDA) to create jobs and expand access to new and better market opportunities for…
CDFI Fund: Update to NMTC Program Compliance FAQs Released
The Community Development Financial Institutions Fund (CDFI Fund) has provided an updated Compliance Frequently Asked Questions (FAQs) document for the New Markets Tax Credit Program (NMTC Program) on its website. This document supersedes the December 2022 publication of the FAQs document by adding, revising, or updating select questions from the earlier edition. Updates include: The updated FAQ…
FEMA: President Biden Approves Emergency Declaration for U.S. Virgin Islands
FEMA announced today that federal disaster assistance has been made available to the U.S. Virgin Islands to supplement the territory’s response efforts due to the emergency conditions resulting from elevated levels of lead and copper in the water supply beginning on Oct. 25, 2023, and continuing. The President’s action authorizes FEMA to coordinate all disaster relief…
FEMA: New Ad Campaign with the Ad Council Launched to Urge Older Adults to “Take Control” When It Comes to Emergency Preparedness
FEMA Ready Campaign Celebrates Its 20th Year Over the last few years, FEMA has designed campaigns to meet the needs of specific communities, and this year’s Ready campaign focuses on older adults, specifically those with limited financial resources, living with disabilities and those living in rural areas. As part of the FEMA Ready campaign’s goal…
FEMA: First-Ever #WinterReady Campaign Launched, Urging Nation to Prepare for Extreme Cold and Winter Weather
In time for holiday travel and winter weather, FEMA’s Ready Campaign launched the first-ever #WinterReady campaign encouraging people to identify and reduce the risks they face during the winter season. FEMA’s #WinterReady Campaign provides easy, low-cost tips to keep you safe including ways to keep homes warm, travel safely, prepare for inclement weather and simple steps to mitigate the…
HUD: Agency Reiterates Role of Housing as a Social Determinant of Health and Critical to Advance Health Equity
Biden-Harris Administration takes new actions to address the root causes of health disparities and foster interagency collaboration to ensure that all Americans can live a healthier life The Biden-Harris Administration announced today the U.S. Playbook to Address Social Determinants of Health, a comprehensive set of actions to better social determinants of health (SDOH), which affect the…
FDIC: Board of Directors Issues a Final Rule on Special Assessment Pursuant to Systemic Risk Determination
The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved a final rule to implement a special assessment to recover the loss to the Deposit Insurance Fund (DIF) associated with protecting uninsured depositors following the closures of Silicon Valley Bank and Signature Bank. The Federal Deposit Insurance Act (FDI Act) requires the FDIC to take this action…
CFPB: Report Issued Highlighting Consumer Protection Issues in Medical Debt Collection
Annual report on the Fair Debt Collection Practices Act also describes the CFPB’s and states’ efforts to end the collection of inaccurate medical bills that consumers may not even owe Today, the Consumer Financial Protection Bureau (CFPB) issued a report highlighting the challenges American families face when debt collectors pursue allegedly unpaid medical bills. Discussing the 8,500…
HUD: Affordable Rental Homes in Newport News, VA Preserved and Rehabilitated
$6 million transaction supports revitalization and preservation of 40 affordable housing units for low-income residents The U.S. Department of Housing and Urban Development (HUD) announced today that it has closed a Rental Assistance Demonstration (RAD) transaction with the Newport News Redevelopment and Housing Authority (NNRHA) at Orcutt Townhomes. This transaction allows NNRHA to substantially rehabilitate…
HUD: FHA Helps Over 765,000 Families Buy Homes and Maintains a Strong Insurance Fund
Annual Report to Congress for fiscal year 2023 highlights impact of insurance premium reduction, assistance for approximately two million struggling homeowners, and a well-capitalized Mutual Mortgage Insurance Fund. The Federal Housing Administration (FHA) published today its annual report to Congress describing the work of its Single Family mortgage insurance programs in fiscal year 2023 and the performance…