CDFI Fund: FY 2018 Funding Round for CDFI Program and NACA Program Opened
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2018 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program). The awards from these programs will support Community Development Financial Institutions (CDFIs) providing affordable financing and…
FEMA: Houses of Worship Have Until February 16th to Apply for FEMA Public Assistance
ST. CROIX, Virgin Islands – With the Federal Emergency Management Agency’s (FEMA) recent change in policy to allow private nonprofit (PNP) houses of worship to be eligible for disaster assistance, the deadline for these entities to make a Request for Public Assistance in the U.S. Virgin Islands has been extended to Feb. 16, 2018. FEMA…
Census Bureau: 44 Percent of Custodial Parents Receive the Full Amount of Child Support
Approximately two-thirds (69.3 percent) of custodial parents who were due child support received some payments from noncustodial parents, while only 43.5 percent reported receiving the full amount of child support due. This latest information comes from the U.S. Census Bureau’s Custodial Mothers and Fathers and Their Child Support: 2015 report. The report includes demographic and…
CFPB: Latest List of Consumer Reporting Companies Available
You may know that your credit record affects your ability to get an affordable loan, a job, an apartment, or many other essentials of daily life. But, do you know where and how to actually request your credit report and what you can do once you order your consumer reports? Over the past few years,…
ABA Report Shows Credit Card Market Continued to Expand in Third Quarter
The credit card market continued to expand in the third quarter of 2017 as monthly purchase volumes edged up across risk tiers, according to the American Bankers Association’s latest quarterly Credit Card Market Monitor. On an annual basis, purchase volumes rose 3.3 percent for prime accounts and 4.3 percent for super-prime accounts, but fell 3.9…
FHFA: Final Strategic Plan for FY 2018-2022 Released
The Federal Housing Finance Agency (FHFA) today released the FHFA Strategic Plan: Fiscal Years 2018-2022, which reflects the Agency’s priorities as regulator of the Federal Home Loan Banks (FHLBanks) and as regulator and conservator of Fannie Mae and Freddie Mac (the Enterprises). Last year FHFA requested input on the draft Agency strategic plan from Members…
OCC: Supporting Earned Income Tax Credit Awareness Day
The Office of the Comptroller of the Currency wants more eligible working families to benefit from the Earned Income Tax Credit (EITC) and is promoting EITC Awareness Day on January 26, 2018. “EITC Awareness Day is an important opportunity to educate the American public, and in particular, workers with and low and moderate incomes, about…
HUD and Census Bureau: New Residential Sales Report for December 2017
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for December 2017: New Home Sales Sales of new single-family houses in December 2017 were at a seasonally adjusted annual rate of 625,000. This is 9.3 percent (±11.0 percent) below the revised November…
HUD: Wholesale Review of Manufactured Housing Rules Announced
Public comment sought in effort to identify regulations that stifle affordable housing and job creation The U.S. Department of Housing and Urban Development (HUD) today announced a top-to-bottom review of its manufactured housing rules as part of a broader effort to identify regulations that may be ineffective, overly burdensome, or excessively costly given the critical…