CRA Newswire

HUD: Nearly $20 Million Awarded to Support Homeless Programs in Puerto Rico and U.S. Virgin Islands

Continuum of Care grants to support local projects working to prevent and end homelessness The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $20 million to support to dozens of local homeless housing and service programs in Puerto Rico and the U.S. Virgin Islands. The Continuum of Care grants announced today provide…

ABA: Celebrating Housing Choices during American Housing Month

In recognition of American Housing Month, the American Bankers Association Foundation and banks across the country are offering consumers valuable housing information throughout the month of June. The ABA Foundation will provide renters and homeowners with tips for choosing the right home, saving for a down payment and preparing a senior to ‘age in place.’…

OCC: CRA Evaluations for 32 National Banks and Federal Savings Associations Released

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of May 1, 2018 through May 31, 2018.  The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings.  The…

HUD: National Healthy Home Months Kicks Off with Announcement of Protect our Kids! Campaign

Department-wide enforcement campaign to protect young children from lead poisoning in older housing WASHINGTON – June is National Healthy Homes Month. This year, the U.S. Department of Housing and Urban Development (HUD) is focused on protecting current and future generations of children from exposure to lead-based paint hazards in older homes. HUD Secretary Ben Carson…

FEMA: Minimizing Hurricane Risks

Hurricane season begins June 1 and we’ve already experienced, Alberto, the first named storm system, but it’s not too late for citizens to protect themselves and their families during severe weather. Since the mid 1800’s when the National Weather Service began officially recording hurricanes, 54 hurricanes have directly hit Louisiana. That’s why it’s important for residents living…

HUD: National Homeownership Month Kicks Off

June begins National Homeownership Month, a time of year when the U.S. Department of Housing and Urban Development (HUD) and others mark the importance of owning a home and the impact it has on the lives of American families, local neighborhoods and to the nation’s economic health. This year’s theme is National Homeownership Month 2018: Find…

FDIC: CRA Examination Schedule for Third and Fourth Quarters 2018 Issued

The Federal Deposit Insurance Corporation (FDIC) today issued the lists of institutions scheduled for a Community Reinvestment Act (CRA) examination during the third and fourth quarters of 2018.  CRA regulations require each federal bank and thrift regulator to publish its quarterly CRA examination schedule at least 30 days before the beginning of each quarter. The…

FEMA: President Trump Approves Major Disaster Declaration for Maine

The Federal Emergency Management Agency (FEMA) announced today that federal disaster assistance has been made available to the state of Maine to supplement state, tribal, and local recovery efforts in the areas affected by severe storms and flooding from March 2 to March 8, 2018. Federal funding is available to the state, tribal, and eligible…

FHFA: Index Shows Mortgage Rates Increased in April 2018

Nationally, interest rates on conventional purchase-money mortgages increased from March to April, according to several indices of new mortgage contracts. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 4.51 percent for loans closed in late April, up 2 basis points from 4.49 percent in March….

CDFI Fund: 2018 NMTC Program Electronic Application Now Available in AMIS

The electronic application for the calendar year (CY) 2018 round of the New Markets Tax Credit Program (NMTC Program) is now available in the Community Development Financial Institutions Fund’s (CDFI Fund) Awards Management Information System (AMIS). The CDFI Fund published the Notice of Allocation Availability (NOAA) for the CY 2018 round in the Federal Register…