HUD and Census Bureau: Residential Construction Activity 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 construction statistics for January 2019. Building Permits Privately owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 1,345,000. This is 1.4 percent (±0.8 percent) above the revised…
CDFI Fund: Public Comments Requested on FY 2020-2022 CDFI Program and NACA Program Applications
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 proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the…
OCC: New Bulletin Outlines Key HMDA Data Fields for Full and Partial Reporters
Summary The Office of the Comptroller of the Currency (OCC) is issuing this bulletin (OCC BULLETIN 2019-12) to inform national banks, federal savings associations, and federal branches and agencies (collectively, banks) about key data fields that the OCC has determined examiners will typically use to test and validate the accuracy and reliability of home mortgage loan…
FEMA: Disaster Case Management Program in Puerto Rico Funded
FEMA has awarded nearly $70 million for disaster case management in Puerto Rico. This partnership provides survivors with a single point of contact to facilitate access to a broad range of resources and expedites their recovery after hurricanes Irma and María. In line with Governor Ricardo Rossello’s plan to transition individuals from federal aid to…
HUD: Disaster Assistance Available for Victims of Alabama Tornado
Foreclosure protection offered to displaced families in Lee County Following the Trump Administration’s major disaster declaration in the wake of this week’s deadly tornado in Alabama, the U.S. Department of Housing and Urban Development (HUD) will provide mortgage relief and other support to homeowners and low-income renters forced from their homes in Lee County, Alabama….
EDA: $27 Million Invested to Expand and Improve Airports in the U.S. Virgin Islands
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $27 million in grants to the Virgin Islands Port Authority of St. Thomas, U.S.V.I., to expand and improve two major airports in the wake of Hurricanes Irma and Maria. According to grantee estimates, the projects are expected to…
FEMA: President Trump Approves Major Disaster Declaration for Alabama
The Federal Emergency Management Agency announced today that federal disaster assistance has been made available to the state of Alabama to supplement state and local recovery efforts in the areas affected by severe storms, straight-line winds, and tornadoes on March 3, 2019. The President’s action makes federal funding available to affected individuals in Lee County….
CFPB: This Tax Season, Protect Yourself from IRS Imposter Scams
An IRS imposter scam is when someone contacts you pretending to be from the Internal Revenue Service (IRS). They falsely say that you owe taxes and must pay them immediately or face serious penalties. Maybe you receive a call from someone claiming to be an auditor and orders you to pay money immediately for a…