CRA Newswire

CDFI Fund: Request for Public Comment on Community Development Entity Certification Application

The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the Community Development Financial Institutions Fund (CDFI…

FEMA: President Trump Approves Major Disaster Declaration for New York

FEMA announced that federal disaster assistance has been made available to the state of New York to supplement state, tribal and local recovery efforts in the areas affected by severe storms, straight-line winds and flooding on Oct. 31, 2019 — Nov. 1, 2019. The President’s action makes federal funding available to the state, tribal, eligible…

HUD: Commemorating the Anniversary of the Opportunity Zones Initiative

Secretary Carson serves as chair of the White House Opportunity and Revitalization Council charged with implementing initiative alongside community leaders Today, HUD commemorated the anniversary of the signing of the 2017 Tax Cuts & Jobs Act into law with the release of a whiteboard video and a podcast episode, each focused on the successes that…

HUD: Homelessness Ticked up in 2019, Driven by Major Increases in California

Increase in California Higher Than All Other States Combined; Continued Declines Noted Among Veterans and Families with Children Ahead of the release of the 2019 Annual Homelessness Report to Congress, U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson certified data related to the study. While the rest of the country experienced a…

Census Bureau: American Community Survey 2014-2018 5-Year Estimates Now Available

Today the U.S. Census Bureau released new 5-year estimates from the 2014-2018 American Community Survey (ACS). As part of the nationwide release of over 40 demographic topics, estimates profiling the 65 and older population are now available. Of the 3,142 counties in the United States, Sumter County, Fla., had the highest percentage of residents aged…

Federal Reserve: New Report Assesses Information Presented to Prospective Borrowers on Small Business Online Lender Websites

The Federal Reserve Board on Thursday released Uncertain Terms: What Small Business Borrowers Find When Browsing Online Lender Websites, a report that examines the information that prospective small business borrowers encounter when researching and comparing credit products offered by online lenders. Nonbank online lenders are becoming more mainstream alternative providers of financing to small businesses. In…

OCC: Mortgage Performance Improves Slightly in Third Quarter 2019

The Office of the Comptroller of the Currency (OCC) reported a slight improvement in the performance of first-lien mortgages in the federal banking system during the third quarter of 2019. The OCC Mortgage Metrics Report, Third Quarter 2019 showed 96.4 percent of mortgages included in the report were current and performing at the end of the quarter,…

HUD: VA and HUD Announce Support to Help Homeless Veterans Find Permanent Homes

HUD-VASH voucher to provide housing for 3,302 veterans In a continuing effort to end veteran homelessness, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced $29.3 million to 216 local public housing agencies (PHAs) across the country to provide a permanent home to veterans experiencing…

FHFA: 2018 Report to Congress on Guarantee Fees Issued

The Federal Housing Finance Agency (FHFA) today released its annual report on single-family guarantee fees charged by Fannie Mae and Freddie Mac (the Enterprises).  The Housing and Economic Recovery Act of 2008 requires FHFA to conduct an ongoing study of the guarantee fees charged by the Enterprises and to submit a report to Congress each…