HUD: Public Housing Agencies Invited to Join Meeting to Work Demonstration Project
MTW allows greater flexibility to improve housing choice and self-sufficiency The U.S. Department of Housing and Urban Development (HUD) is inviting public housing agencies to join the Department’s expanding Moving to Work demonstration program. Moving to Work (MTW) allows public housing agencies (PHAs) to practice greater program flexibility and encourages housing choice and self-sufficiency among…
SBA: Small Business Lending Momentum Continues in FY18
SBA FY18 total loan volume reaches more than $30 billion with more than 72,000 approved loans The U.S. Small Business Administration announced FY18 lending numbers showing that it guaranteed over $30 billion to small businesses that otherwise would not have had access to capital. “We are providing tools, resources and access to capital for America’s…
FHFA: Mortgage Translations Clearinghouse Launched to Help Borrowers with English Language Barriers
The Federal Housing Finance Agency (FHFA), Freddie Mac (OTCQB:FMCC), and Fannie Mae (FNMA/OTC) together announce the launch of Mortgage Translations – a centralized clearinghouse of online resources to assist lenders, servicers, housing counselors, and other real estate professionals in serving limited English proficient (LEP) borrowers. LEP borrowers make up a growing share of today’s mortgage…
FDIC: Tool Enhanced to Prevent Elder Financial Exploitation
The Federal Deposit Insurance Corporation (FDIC) today announced the release of a Spanish-language version of Money Smart for Older Adults. The curriculum, now offered in English and Spanish, has been updated to provide new information and resources to help older adults and their caregivers recognize and prevent fraud, scams, and other types of financial exploitation….
FEMA: President Trump Signs Emergency Declaration for Alabama
The U.S. Department of Homeland Security’s FEMA announced that federal emergency aid has been made available to the state of Alabama to supplement state, tribal and local response efforts due to the emergency conditions in the area affected by Hurricane Michael beginning on October 10, 2018, and continuing. The President’s action authorizes FEMA to coordinate…
HUD: Disaster Assistance Including Foreclosure Protection Announced for Florida Storm Victims
Foreclosure protection offered to displaced families U.S. Housing and Urban Development today announced HUD will speed federal disaster assistance to the State of Florida and provide support to homeowners and low-income renters forced from their homes due to Hurricane Michael. Yesterday, President Trump issued a major disaster declaration for Bay, Franklin, Gulf, Taylor, and Wakulla…
EDA: U.S. Commerce Department Announces Tenth Americas Competitiveness Exchange
Senior Officials from Across the Western Hemisphere and other Nations to Visit Northern California’s Innovation and Entrepreneurship Hubs WASHINGTON – Today, the U.S. Department of Commerce’s International Trade Administration (ITA) and Economic Development Administration (EDA), in coordination with the U.S. Department of State and the Organization of American States (OAS), announced that 50 high-level representatives…
FEMA: President Trump Approves Major Disaster Declaration for Florida
The Federal Emergency Management Agency announced that federal disaster assistance has been made available to the state of Florida to supplement state and local recovery efforts in the areas affected by Hurricane Michael beginning on Oct. 7, 2018, and continuing. The President’s action makes federal funding available to affected individuals in Bay, Franklin, Gulf, Taylor,…
FEMA: President Trump Signs Emergency Declaration for Georgia
The U.S. Department of Homeland Security’s FEMA announced that federal emergency aid has been made available to the state of Georgia to supplement state, tribal and local response efforts due to the emergency conditions in the area affected by Hurricane Michael beginning on Oct. 9 and continuing. The President’s action authorizes FEMA to coordinate all…
EDA: $10 Million Invested to Improve Port Infrastructure and Support Disaster Recovery Efforts in Texas
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $10 million in grants to the state of Texas to enhance critical port infrastructure to support business development and disaster resiliency following Hurricane Harvey. According to grantee estimates, the projects are expected to create and retain over 15,000…