HUD: Plan Approved to Support Southern Georgia Counties in their Recovery from 2017 Disasters
$38 million in federal recovery funds to rebuild damaged homes, businesses and infrastructure The U.S. Department of Housing and Urban Development (HUD) today announced its approval of the State of Georgia’s disaster action plan, which will invest $38 million to support the state in its recovery from the effects of deadly tornados in January of…
HUD: Plan Approved to Support Missouri in its Recovery from 2017 Storms and Flooding
$58.5 million in federal recovery funds to rebuild damaged homes, businesses and infrastructure The U.S. Department of Housing and Urban Development (HUD) today announced its approval of the State of Missouri’s disaster action plan, which will invest $58.5 million to support the state in its recovery from the effects of severe storms, tornadoes, high winds…
HUD: Plan Approved to Support California in its Recovery from 2017 Wildfires and Mudslides
$124 million in federal recovery funds to rebuild damaged homes, businesses and infrastructure The U.S. Department of Housing and Urban Development (HUD) today announced its approval of the State of California’s disaster action plan, which will invest $124 million to support the state in its recovery from the effects of deadly wildfires and mudslides that…
EDA: $7.25 Million Invested in Texas to Support Disaster Recovery and Entrepreneurial Growth Efforts
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $7.25 million in grants to the state of Texas to help the communities of Rockport and Lubbock respond to 2017 disasters and to support entrepreneurial growth efforts in Amarillo. “President Trump has committed to supporting Texas and helping…
EDA: $1 Million Invested to Expand Broadband Service in South Bend, IN
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to St. Joseph County, Indiana, to expand high-speed broadband infrastructure at the Indiana Enterprise Center (IEC). According to grantee estimates, the project is expected to create 230 jobs and spur $710 million in private…
HUD: Second Invitation Issued for Public Housing Agencies to Join “Moving to Work” Demonstration Program
MTW allows greater flexibility to improve housing choice and self-sufficiency The U.S. Department of Housing and Urban Development (HUD) is inviting a second round of public housing agencies to join the Department’s expanding Moving to Work (MTW) demonstration program. Today’s invitation follows a similar notice last October seeking the first cohort under the MTW expansion. MTW allows…
HUD and Census Bureau: New Residential Sales Report for January 2019
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 January 2019: New Home Sales Sales of new single-family houses in January 2019 were at a seasonally adjusted annual rate of 607,000. This is 6.9 percent (±16.3 percent)* below the revised December…
Interagency: Agencies Announce Two Public Meetings on Merger of BB&T and SunTrust; Public Comment Period Extended
The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) on Thursday announced that they will jointly hold two public meetings on the proposed merger of BB&T Corporation, Winston-Salem, North Carolina, with SunTrust Banks, Inc., Atlanta, Georgia. As part of the proposal, BB&T would merge SunTrust Bank with and into its subsidiary state non-member…
CFPB: Forty Organizations Join the 2019 “Your Money, Your Goals” Cohort
As part of its mission to empower consumers to make more informed financial decisions, the Bureau works through established community organizations and service providers to integrate financial empowerment tools and services. Today we welcome 40 new organizations to the 2019 Your Money, Your Goals cohort. Since 2013, the Bureau has worked through this initiative to train more…