CRA Newswire

FEMA: President Trump Approves Major Disaster Declaration for Ohio

FEMA announced today that federal disaster assistance has been made available to the state of Ohio to supplement state and local recovery efforts in the areas affected by severe storms, flooding and landslides from Feb. 5 – 13, 2019. Federal funding is available to state and local governments and certain private nonprofit organizations on a…

HUD: Disaster Assistance Announced for Iowa Storm Victims

Foreclosure protection offered to displaced families The U.S. Department of Housing and Urban Development (HUD) today announced it will speed federal disaster assistance to the State of Iowa and provide support to homeowners and low-income renters forced from their homes in areas affected by severe storms and flooding. On March 23rd, President Trump issued a major…

HUD: Disaster Assistance Announced for Nebraska Storm Victims

Foreclosure protection offered to displaced families The U.S. Department of Housing and Urban Development (HUD) today announced it will speed federal disaster assistance to the State of Nebraska and provide support to homeowners and low-income renters forced from their homes in areas affected by severe winter storms, straight-line winds, and flooding. On March 21st, President…

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in January 2019. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

EDA: $1.5 Million Invested to Make Critical Water Infrastructure Improvements Needed to Support Business Expansion in Durant, OK

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 the city of Durant, Oklahoma, to make critical water infrastructure improvements needed to support business expansion in the region. The investment will bring new growth to a Tax Cuts and Jobs Act-designated Opportunity…

Census Bureau: Housing Vacancy Annual Statistics Released for 2018

These statistics provide vacancy rates, homeownership rates and characteristics of units available for occupancy for the United States, regions, states and the 75 largest metropolitan statistical areas. Data for all geographies are available both quarterly and annually. Homeownership rates are also tabulated by age of householder for the United States and regions, and by race/ethnicity…

FDIC: New Podcast Series Chronicles Causes, Responses to Financial Crisis

The FDIC today released a series of podcasts featuring discussions about Crisis and Response: An FDIC History, 2008–2013, the agency’s study of the banking and financial crisis. The podcast series gives listeners a unique behind-the-scenes perspective on the crisis, as FDIC officials share their insights into the agency’s decision-making strategies and actions. “The podcasts will allow…

EDA: $2.6 Million Invested to Protect Businesses from Natural Disasters in Viroqua, WI

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million grant to the city of Viroqua, Wisconsin, to update critical water infrastructure needed to protect local businesses from flooding. According to grantee estimates, the project is expected to create or retain 61 jobs and spur…

EDA: $1.1 Million Invested to Modernize Workforce Training Facilities at Pine Technical College in Minnesota

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million grant to Pine Technical College of Pine City, Minnesota, to support their workforce training center modernization, upgrade and expansion project. “The Trump Administration is committed to supporting opportunities for technical training and manufacturing as a…

CDFI Fund: FY 2019 Funding Round for CDFI Program and NACA Program Open

Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2019 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) that provide affordable financing…