CRA Newswire

FEMA: President Trump Approves Major Disaster Declaration for Ohio

FEMA announced that federal disaster assistance is available to the state of Ohio to supplement recovery efforts in the areas affected by severe storms, straight-line winds, tornadoes, flooding and landslides from Aug. 10 – 22, 2026.  The President’s action makes federal funding available to affected individuals in Clermont, Franklin, Hamilton, Licking, Morgan, Muskingum and Perry…

Treasury: Trump Administration Advances the Establishment of America’s First Nationwide School Choice Program

Treasury and IRS Issue Proposed Regulations to Implement the Education Freedom Tax Credit The U.S. Department of the Treasury and the Internal Revenue Service issued proposed regulations to implement the new Federal Scholarship Tax Credit under section 25F, commonly known as the Education Freedom Tax Credit, the first federal tax credit supporting private contributions for K-12…

CFPB: Fair Lending Report of the Consumer Financial Protection Bureau Issued for 2025

In 2025, the Consumer Financial Protection Bureau (CFPB) transformed its fair lending program by refocusing its regulatory, supervisory, and enforcement activities on its statutory authority and identified consumer harm. Under previous administrations, the CFPB was weaponized and had gone beyond its statutory mandate. In the area of fair lending specifically, CFPB leadership uncovered egregious examples…

SBA: Nominations Open for National Small Business Week 2027

Trump Administration Invites America’s Innovators, Job Creators, and Builders to Apply for State and National Recognition Today, the U.S. Small Business Administration (SBA) opened nominations for its 2027 National Small Business Week Awards, which recognize exceptional small business owners from every state. National Small Business Week will take place May 2–8, 2027. Nominations must be submitted by 3:00…

OCC: CRA Performance Evaluations for 13 National Banks and Federal Savings Associations Released

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of September 1, 2026, through September 30, 2026. Under the CRA, the OCC assesses an institution’s record of meeting the credit needs of its entire community, including low- and…

ABA: America’s Banks & ABA Relaunch #BanksNeverAskThat Campaign with New ‘Scam Slayer’ Initiative, Resources on AI-Powered Scams

New campaign empowers consumers to stop scams before they start and highlights real-life Scam Slayers who recognize red flags and prevent fraud The American Bankers Association today relaunched its award-winning #BanksNeverAskThat campaign with a new “Scam Slayer” initiative as banks nationwide join forces to help consumers and small businesses recognize and avoid scams. The association is also…

Treasury: U.S. Department of the Treasury and U.S. Department of Education Launch New Defaulted Loans Support Center

The U.S. Department of the Treasury (Treasury) and the U.S. Department of Education (ED) announced the launch of the Defaulted Loans Support Center, a new online portal that gives Americans with defaulted federal student loans a simpler way to understand their options, address default, and return to repayment. The launch of this portal is part of the…

FEMA: $648 Million Awarded to More than 1,600 Fire Departments and Other First Responder Organizations Nationwide

Grant funding will increase local capacity to respond to disasters and emergencies  Over the past week, FEMA awarded $648 million in grant funding to more than 1,600 fire departments and other first responder organizations across the country. This funding will enable these agencies to get the equipment, staff and support they need to carry out their…

FHFA: To Be Good Financial Stewards, FHFA Inspector General’s Budget Will Match the Budgets of Peer Agencies

U.S. Federal Housing (FHFA) announced today that it is allocating a “Peer-Matched” budget for the FHFA Office of Inspector General to ensure the budget is efficient and right-sized.  Following FHFA’s recent adoption of zero-based budgeting, in which every expenditure is independently benchmarked and justified, the Agency became aware that FHFA’s OIG was an extraordinary budgetary…

CDFI Fund: Public Comment Requested on Annual Certification and Data Collection Report (ACR) and Abbreviated Transaction Level Report (ATLR)

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 continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the Community Development Financial Institutions Fund (CDFI Fund), U.S….