CDFI Fund: Public Comments Requested on Capital Magnet Fund Application and Annual Performance Report
The 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 Fund),…
FEMA: Additional Louisiana Parishes Designated for Assistance for Hurricane Delta
On Dec. 23, two parishes were added to the disaster declaration for Hurricane Delta. Survivors in Allen and Iberia parishes are now eligible for federal disaster assistance for uninsured and underinsured damage and losses resulting from Hurricane Delta. To be eligible for federal disaster aid, storm damage and losses from the hurricane and flooding must…
EDA: $1.6 Million Invested to Support Research and Education in Pittsburg, KS Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to Pittsburg State University, Pittsburg, Kansas, to provide instrumentation and equipment to the newly established National Institute for Materials Advancement at the Kansas Polymer Research Center. The EDA grant, to be located in a Tax…
CDFI Fund: Public Comments Sought on NMTC Program Allocation 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, Pub. L. No. 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently,…
FHFA: Request for Input Issued on Appraisal-Related Policies, Practices and Processes
The Federal Housing Finance Agency (FHFA) today issued a Request for Input (RFI) on appraisal-related policies, practices, and processes. The input received in response to the RFI will be used by FHFA to determine the necessary modifications needed to ensure Fannie Mae and Freddie Mac (the Enterprises) operate in a safe and sound manner. “Modernizing…
Census Bureau: Small Business Pulse Survey Phase 3 Weekly Data Released
The U.S. Census Bureau today released new data from the third phase of the Small Business Pulse Survey. Data collection began November 9, 2020. Results will be released weekly starting November 19, 2020, through January 14, 2021. No changes were made to the questionnaire for this phase. Data are available through the Small Business Pulse Survey Interactive…
HUD: Over $34 Million Awarded to Three Public Housing Agencies to Support Emergency Capital Needs
The U.S. Department of Housing and Urban Development (HUD) today awarded over $34 million to three public housing agencies (PHA) to address emergencies that threaten residents’ health and safety, as well as to help secure their public housing properties against crime and drug-related activity. “Home hazards can manifest without warning,” said HUD Secretary Ben Carson….
FHFA: House Price Index Up 1.5 Percent in October 2020; Up 10.2 Percent from Last Year
House prices rose nationwide in October, up 1.5 percent from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices rose 10.2 percent from October 2019 to October 2020. The previously reported 1.7 percent price change for September 2020 remained unchanged. For the nine census divisions, seasonally adjusted monthly house price…
FHFA: COVID-19 Multifamily Forbearance Extended through March 31, 2021
Multifamily property owners that enter in to a new or modified forbearance must offer tenant protections Today, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will continue to offer COVID-19 forbearance to qualifying multifamily property owners through March 31, 2021. The Enterprise programs were set to expire December…
EDA: $2.9 Million in CARES Act Recovery Assistance Invested to Create Center for National Pandemic Resliency in Biosciences in St. Louis, MO
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.9 million CARES Act Recovery Assistance grant to BioSTL, St. Louis, Missouri, to create the Center for National Pandemic Resilience in Biosciences. The EDA grant, to be matched with $741,030 in local investment, is expected to create…