FEMA: President Trump Approves Major Disaster Declaration for the Havasupai Tribe
The Federal Emergency Management Agency announced today that federal disaster assistance has been made available for the Havasupai Tribe to supplement the tribe’s recovery efforts in the areas affected by severe storms, flooding, and landslides from July 11 to July 12, 2018. Federal funding is available to the Havasupai Tribe on a cost-sharing basis for…
HUD: $99 Million Awarded to Provide Affordable Housing to People with Disabilities
NEW vouchers to provide permanent housing to additional 12,000 low-income disabled residents WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today awarded $98.5 million to 285 local public housing authorities across the country to provide permanent affordable housing to nearly 12,000 additional non-elderly persons with disabilities. See the local impact of the…
SBA: Decrease in Surety Bond Guarantee Fees Announced
The U.S. Small Business Administration announces the first fee decrease in Surety Bond Guarantees in 12 years. The fee decrease will be in effect for guaranteed bonds approved during fiscal year 2019, taking effect October 1, 2018 and ending September 30, 2019. The Surety Bond Guarantee (SBG) program is reducing the Surety fee from 26…
FDIC: Senior Personnel Changes Announced
Names Chief Operating Officer and Deputy to the Chairman for Policy Federal Deposit Insurance Corporation (FDIC) Chairman Jelena McWilliams today announced the appointment of two long-term FDIC veterans to serve in key leadership positions. Arleas Upton Kea will serve as the Deputy to the Chairman and Chief Operating Officer (COO), and Arthur J. Murton will…
ABA: Foundation and FTC Offer Tips to Avoid Check Fraud
The American Bankers Association Foundation in collaboration with the Federal Trade Commission today released an infographic to raise awareness on the growing threat of fake check scams and the steps consumers can take to protect themselves. Checks may seem like a relic of the past, but according to the most recent Federal Reserve Payments study,…
FDIC: CRA Examination Schedules for Fourth Quarter 2018 and First Quarter 2019 Issued
The Federal Deposit Insurance Corporation (FDIC) today issued the lists of institutions scheduled for a Community Reinvestment Act (CRA) examination during the fourth quarter of 2018 and first quarter of 2019. CRA regulations require each federal bank and thrift regulator to publish its quarterly CRA examination schedule at least 30 days before the beginning of…
CFPB: Rule Issued to Implement and Clarify New HMDA Amendments
Today the Bureau of Consumer Financial Protection (Bureau) issued an interpretive and procedural rule to implement and clarify the requirements of section 104(a) of the Economic Growth, Regulatory Relief, and Consumer Protection Act (the Act), which amended the Home Mortgage Disclosure Act (HMDA). The Bureau also released updates to the Filing Instructions Guide (FIG) for…
FEMA: President Trump Approves Major Disaster Declaration for Montana
The Federal Emergency Management Agency announced today that federal disaster assistance has been made available to the state of Montana to supplement state, tribal, and local recovery efforts in the areas affected by flooding from April 12 to May 6, 2018. Federal funding is available to the state, tribal, eligible local governments, and certain private…
EDA: $5.58 Million Invested to Support Technical Assistance and Long-Term Disaster Recovery Planning in San Juan, Puerto Rico
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $5.58 million grant to the Foundation for Puerto Rico to support recovery efforts for towns and cities which were devastated by Hurricanes Irma and Maria. According to grantee estimates, the project is expected to create 24 jobs,…
HUD: $23 Million Awarded to Renew Support to 22 Local HIV-AIDS Housing Programs
Funding offers stable housing for individuals and families at risk of homelessness WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced $23 million to assist more than 1,700 low-income persons living with HIV/AIDS and their families annually over a three-year period. The funding announced today is offered through HUD’s Housing Opportunities for…