Census Bureau: Income, Poverty and Health Insurance Coverage in the United States for 2019 Released
The U.S. Census Bureau announced today that median household income in 2019 increased 6.8% from 2018, and the official poverty rate decreased 1.3 percentage points. Meanwhile the percentage of people with health insurance coverage for all or part of 2019 was 92.0% and 8.0% of people, or 26.1 million, did not have health insurance at…
Census Bureau: Over 92 Percent of Households Counted So Far in 2020 Census
Over 92% of housing units have been accounted for in the 2020 Census as of today, with 26.6% counted by census takers and other field data collection operations, and 65.9% of housing units responding online, by phone or by mail. Every day, the U.S. Census Bureau releases the 2020 Census housing unit completion rate for the nation,…
CFPB: Outline of Proposals Under Consideration to Implement Small Business Lending Data Collection Released
The Consumer Financial Protection Bureau (Bureau) released its Outline of Proposals Under Consideration and Alternatives Considered for Section 1071 of the Dodd-Frank Act governing small business lending data collection and reporting. The Bureau will convene a Small Business Advocacy Review panel in October 2020. The panel will prepare a report that examines the impact of…
CDFI Fund: $25.2 Million Awarded to Banks that Increased Investments in Severely Distressed Communities
Recipients Collectively Increased Lending and Services to Nation’s Most Distressed Areas by $455 million Washington, DC – The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today nearly $25.2 million in awards to 138 FDIC-insured banks, through the fiscal year (FY) 2020 round of the Bank Enterprise Award Program (BEA Program),…
EDA: $3 Million Invested to Boost Manufacturing Growth in Mission, TX
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Mission Economic Development Corporation, Mission, Texas, to make critical infrastructure improvements needed to advance economic growth in the Shary Village Industrial Park and improve the area’s resilience against future natural disasters. The…
FEMA: Butte County Added to California Federal Disaster Declaration
Butte County has been added to California counties approved for assistance to individuals and households as part of the major disaster declaration approved Aug. 22 by President Trump. The addition makes Butte County the ninth county to receive federal approval for individual assistance: Lake, Monterey, Napa, San Mateo, Santa Cruz, Solano, Sonoma and Yolo counties…
FEMA: President Trump Approves Mississippi Emergency Declaration
FEMA announced that federal emergency aid has been made available to the state of Mississippi to supplement state, tribal and local response efforts to the emergency conditions in the area affected by Hurricane Sally beginning on Sept. 14, 2020 and continuing. The President’s action authorizes FEMA to coordinate all disaster relief efforts which have the…
FEMA: President Trump Approves Louisiana Emergency Declaration
FEMA announced that federal emergency aid has been made available to the state of Louisiana to supplementstate, tribal and local response efforts to the emergency conditions in the area affected by Hurricane Sally beginning on Sept. 13, 2020 and continuing. The President’s action authorizes FEMA to coordinate all disaster relief efforts which have the purpose of alleviating the hardship and suffering caused by the emergency on the local…
HUD: Secretary Carson Announces Expansion of HUD’s “Moving to Work” Demonstration
Department invites 100 additional Housing Authorities to join the program over next two years During his remarks at the Public Housing Authorities Directors Association’s (PHADA) 2020 Legislative Conference, U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson announced that the Department is expanding its Moving to Work (MTW) Demonstration, which invites 100 additional…
FHFA: Debra Chew Announced as Director for the Office of Equal Opportunity and Fairness
The Federal Housing Finance Agency (FHFA) today announced that Debra Chew will join FHFA as Director for the Office of Equal Opportunity and Fairness (OEOF) on September 28, 2020. OEOF was created in January 2020 to elevate the importance of Equal Employment Opportunity (EEO), Alternative Dispute Resolution, and anti-harassment functions within FHFA and reaffirm FHFA’s…