HUD: Streamlined and Simplified Guidance Issued for Nonpayment of Rent in HUD-Subsidized Housing
Secretary Scott Turner announced streamlined and simplified guidance for nonpayment of rent in HUD-subsidized housing. This action eliminates a COVID-era standard, undoing burdensome and costly rules promulgated by the Biden administration that required public housing agencies (PHAs) and property owners receiving HUD funding to provide 30-day written notification for nonpayment of rent prior to eviction….
OCC: Comments Requested on Proposal to Implement GENIUS Act
The Office of the Comptroller of the Currency (OCC) today issued a proposed rulemaking to implement the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The notice of proposed rulemaking generally sets forth, and seeks comment on, the regulations that would apply to permitted payment stablecoin issuers and foreign payment stablecoin issuers under…
FHFA: U.S. House Prices Rise 1.8 Percent Year Over Year; Up 0.8 Percent Quarter Over Quarter
U.S. house prices rose 1.8 percent between the fourth quarter of 2024 and the fourth quarter of 2025, according to the U.S. Federal Housing (FHFA) House Price Index (FHFA HPI®). House prices for the fourth quarter of 2025 rose 0.8 percent compared to the third quarter of 2025. FHFA’s seasonally adjusted monthly index for December rose 0.1 percent from November….
Federal Reserve: Statement Issued on Reputation Risk Proposal by Vice Chair for Supervision Michelle W. Bowman
Following earlier actions to remove reputation risk from its supervision of banks, the Federal Reserve Board on Monday requested comment on a proposal to codify that removal. The proposal reiterates the Board’s policy against penalizing or prohibiting an institution from banking a customer engaged in legal activity. “We have heard troubling cases of debanking—where supervisors…
FEMA: President Trump Approves Emergency Declaration for the District of Columbia
FEMA announced today that federal disaster assistance is available to the District of Columbia to supplement response efforts due to emergency conditions resulting from a sewer line collapse from Jan. 19, 2026, and continuing. The President’s action authorizes FEMA to coordinate all disaster relief efforts to alleviate the hardship and suffering caused by the emergency…
CDFI Fund: Effective Date Extended for CDFI Certification Small Business Loan Disclosure Policy
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has extended the effective date for when CDFI Certification Applicants and currently Certified Community Development Financial Institutions (CDFIs) must begin implementing small business loan product disclosures to borrowers. In December 2023, the CDFI Fund released the final revised CDFI Certification Application. As part of the…
ICBA: ICBA Urges Credit Union Tax Reform as Acquisitions of Tax-Paying Community Banks Continue
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the latest reported acquisition opens in a new tabof a tax-paying community bank by a tax-exempt credit union—the third deal in two weeks following several branch acquisition deals. “With tax-exempt credit unions resuming their rapid pace of community bank acquisitions…
FEMA: President Trump Approves Major Disaster Declaration for Louisiana
FEMA announced that federal disaster assistance is available to the state of Louisiana to supplement recovery efforts in the areas affected by the severe winter storm from Jan. 23-27, 2026. Public Assistance federal funding is available to the state, tribal and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergency…
HUD: New Proposed Rule Issued to Require Proof of U.S Citizenship or Eligible Status for Every Resident in HUD-Funded Housing
Housing and Urban Development (HUD) Secretary Scott Turner announced a new proposed rule to require proof of U.S. citizenship or eligible status for every resident in HUD-funded housing, including “mixed status households.” With this proposed rule, HUD will ensure that taxpayer-funded housing benefits only go to American citizens and eligible individuals for the first time in history….
EDA: Inaugural Regional Commissions Convening Held in Charleston, WV
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) hosted the inaugural Regional Commissions Convening in Charleston, West Virginia. The event brought together representatives from EDA and regional commissions throughout the United States. This event was designed to foster improved coordination between EDA and the commissions, to better help distressed communities succeed in an…