ABA: Banks Encouraged to Host 12th Annual Lights, Camera, Save! Teen Video Contest
Popular national competition promotes financial education The American Bankers Association Foundation is urging banks across the country to participate in its upcoming Lights, Camera, Save! video competition that runs from Feb. 21 to March 31. Lights, Camera, Save! is a national contest that encourages teens to use video to communicate the value of sound money management. The…
SBA: New Tribal Consultation Policy Signed Committing to Continued Equitable Access for Indian Country Businesses
Today, Administrator Isabella Casillas Guzman head of the U.S. Small Business Administration (SBA), and the voice for America’s 32.5 million small businesses in President Biden’s Cabinet signed the Agency’s Tribal Consultation Policy of 2022. The Agreement, which directs the SBA’s coordination with Tribal governments, also recognizes the Federal Government’s unique relationship with Native American governments and its responsibility to…
HUD: Landlord Incentives Cohort Announced for “Moving to Work” Demonstration
29 Public Housing Authorities Selected to Join the Demonstration, 70 PHAs now part of MTW Expansion The U.S. Department of Housing and Urban Development (HUD) on Thursday announced the Landlord Incentives cohort of the expansion of the Moving to Work (MTW) Demonstration Program. Through this cohort, HUD will evaluate landlord incentives and their impact on…
EDA: $2 Million in “STEM Talent Challenge” Grants Announced to Strengthen Innovation Workforce Pipeline
8 Organizations Receive Funding for Programs that Support Regional Industry Workforce Needs Today, U.S. Secretary of Commerce Gina M. Raimondo announced the eight grant recipients of the Economic Development Administration’s (EDA) STEM Talent Challenge, a national competition that supports programs to train science, technology, engineering, and math (STEM) talent to create a robust STEM-capable workforce across the country,…
CFPB: Annual List of Consumer Reporting Companies Released
Updated list names financial surveillance companies that people can use to access their own files and sue if they violate the Fair Credit Reporting Act Today, the Consumer Financial Protection Bureau (CFPB) released its annual list of consumer reporting companies. The list identifies dozens of specialty reporting companies that collect and sell access to people’s data,…
HUD: $4 Million Radon Testing Notice of Funding Opportunity Announced
The U.S. Department of Housing and Urban Development (HUD) is making available $4 million through HUD’s new Radon Testing and Mitigation Demonstration Program Notice of Funding Opportunity (NOFO) for public housing agencies. PHAs will use the funds in public housing properties where low-income families reside. With this funding, PHAs will be able to conduct testing…
HUD and Census Bureau: New Residential Sales Report for December 2021 Released
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for December 2021: New Home SalesSales of new single‐family houses in December 2021 were at a seasonally adjusted annual rate of 811,000, according to estimates released jointly today by the U.S. Census Bureau…
CFPB: Public Input Requested on Fees on Bank Accounts, Credit Cards, and Other Financial Products
Consumer Financial Protection Bureau Launches Initiative to Save Americans Billions in Junk Fees Today, the Consumer Financial Protection Bureau (CFPB) launched an initiative to save households billions of dollars a year by reducing exploitative junk fees charged by banks and financial companies. Today’s request is a chance for the public to share input that will…
HUD: Notice Published to Extend Length of Housing Support to Foster Youth
The U.S. Department of Housing and Urban Development (HUD) on January 24, 2022, published a notice in the Federal Register implementing and providing guidance on the provisions of the Fostering Stable Housing Opportunities (FSHO) amendments as part of the Consolidated Appropriations Act of 2021. FSHO serves to help reduce the incidence of homelessness among former foster youth…
FHFA: House Price Index Up 1.1 Percent in November 2021; Up 17.5 Percent from Last Year
House prices rose nationwide in November, up 1.1 percent from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices rose 17.5 percent from November 2020 to November 2021. The previously reported 1.1 percent price change for October 2021 remained unchanged. For the nine census divisions, seasonally adjusted monthly house price…