FHFA: Realignment of Agency Structure Announced
Today, the Federal Housing Finance Agency (FHFA) announced a realignment that will further bolster FHFA’s capacity as a world-class regulator of Fannie Mae and Freddie Mac (the Enterprises) and the Federal Home Loan Banks. The realignment of its structure is designed to ensure that the Agency is well-positioned for the Enterprises to responsibly exit conservatorship. “The changes we are…
OCC: Comptroller Discusses Efforts to Strengthen CRA Regulations, Condition of the Federal Banking System
Comptroller of the Currency Joseph M. Otting today testified during a hearing held by the House Financial Services Committee. The Comptroller’s testimony discussed efforts to strengthen and modernize Community Reinvestment Act regulations, the condition of the federal banking system, the agency’s diversity and inclusion programs, and work to implement regulatory reform that encourages economic opportunity…
Census Bureau: Release of Economic Census Data for Island Areas Begins
The U.S. Census Bureau released the first statistics from the 2017 Economic Census of Island Areas. Island and local area estimates are now available for American Samoa, the Commonwealth of the Northern Mariana Islands (CNMI), Guam and the U.S. Virgin Islands (USVI). The data for Puerto Rico will be released in December of 2020. Island and…
HUD: Secretary Carson Launches Affordable Housing Bus Tour in Louisville, KY
Nationwide tour will focus on eliminating barriers to affordable housing development. U.S. Department of Housing and Urban Development Secretary Ben Carson today kicked off the “Driving Affordable Housing Across America Bus Tour in Louisville, Kentucky, where he toured St. Cecilia Senior Housing Apartments, a public private partnership that provides affordable housing to a portion of Louisville’s…
HUD: Guidance Issued on Reasonable Accommodations under the Fair Housing Act Relating to Assistance Animals
The U.S. Department of Housing and Urban Development (HUD) today announced the publication of guidance clarifying how housing providers can comply with the Fair Housing Act when assessing a person’s request to have an animal in housing to provide assistance because of a disability. The Fair Housing Act prohibits discrimination in housing against individuals who…
EDA: $1.5 Million Invested to Repurpose Historic Building in Venango County, PA Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to Venango County Economic Development Authority of Franklin, Pennsylvania, to renovate the third floor of the historic Oil City National Bank Building for use as a Business Innovation Center. The EDA grant, to be…
ABA: America’s Banks Aim to Reach “One Million Minds” through ABA Foundation Financial Education Initiatives in 2020
ABA Foundation programs call for banker volunteers to join growing, industry-wide efforts designed to help local communities The American Bankers Association Foundation today launched its 2020 financial education registration campaign, calling on banker volunteers to register for a range of successful, industry-wide programs designed to enhance financial education across the country. In its continued effort to build…
HUD: Nationwide Bus Tour Focused on Affordable Housing Kicks Off in Louisville, KY on January 29th
Listening tour will highlight work of the White House Council on Eliminating Regulatory Barriers to Affordable Housing U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced that the Department will lead a bus tour across the nation focused on removing barriers to affordable housing stock. The Driving Affordable Housing Across America tour will…
HUD: Innovation Housing Showcase and HUD Opportunity Zone Pilot Program Announced
Secretary Carson makes two major announcement at the National Association of Home Builders International Builders’ Show. When speaking at the 2020 National Association of Home Builders International Builders’ Show, U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson announced the National Association of Home Builders (NAHB) will co-host the “Innovative Housing Showcase” in…
SBA: Workshops on Applying for Women’s Business Center Grants Set for Feb. 4-5, 2020 in South Carolina
Funding Available to Help Train South Carolina’s Women Entrepreneurs he U.S. Small Business Administration will hold roundtable training sessions in Columbia and Charleston, South Carolina on best practices regarding the Women’s Business Center grant application opportunity. Columbia: Tuesday, Feb. 4 at 10 a.m. ESTBenedict College Business Development Center2601 Read St, Columbia, S.C. 29204Register for Columbia Event Charleston: Wednesday,…