FEMA: President Biden Approves Major Disaster Declaration for Vermont
FEMA announced that federal disaster assistance is available to the state of Vermont to supplement recovery efforts in the areas affected by severe storms and flooding from June 22-24, 2024. Public assistance federal funding is available to state and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergency work and…
Census Bureau: Nearly Half of Renter Households Are Cost-Burdened, Proportions Differ by Race
Over 21 million renter households spent more than 30% of their income on housing costs in 2023, representing nearly half (49.7%) of the 42.5 million renter households in the United States for whom rent burden is calculated. Although the median ratio of income-to-housing costs for renters remained unchanged from 2022 at 31%, there are differences in the…
Census Bureau: Household Pulse Survey Phase 4.2 Monthly Data Released
The U.S. Census Bureau today released new data from Phase 4.2 of the experimental Household Pulse Survey (HPS). The HPS is an effort by the Census Bureau and other federal statistical agencies to measure how emergent issues are impacting U.S. households from a social and economic perspective. Phase 4.2 includes new, reinstated and updated questions. Some previously…
HUD: 30th Anniversary of the Violence Against Women Act Commemorated
Five federal agencies affirm continued commitment to implement housing provisions under the Violence Against Women Act To commemorate the 30th anniversary of the Violence Against Women Act (VAWA), the U.S. Department of Housing and Urban Development today joined four federal agencies—the U.S. Department of Agriculture, U.S. Department of Justice, the U.S. Department of Treasury, and the…
ABA: 2024 Diversity, Equity and Inclusion Award Winners Announced
The American Bankers Association honored the winners of its 2024 ABA Diversity, Equity and Inclusion awards today at the association’s virtual 2024 DEI Summit, cohosted with Virginia Bankers Association and Maryland Bankers Association. These awards recognize ABA member banks for their internal-facing programs, leadership and activities focused on improving diversity, equity and inclusion within their workplace. “We are…
FEMA: President Biden Approves Major Disaster Declaration for Pennsylvania
FEMA announced today that federal disaster assistance is available to the commonwealth of Pennsylvania to supplement recovery efforts in the areas affected by Tropical Storm Debby from Aug. 9-10, 2024. The President’s action makes federal funding available to affected individuals in Lycoming, Potter, Tioga and Union counties. Assistance can include grants for temporary housing and…
SBA: Cyber Prize Competition Winner Selected
Delaware SBDC To Receive $350K for Outstanding Leadership in Cybersecurity Planning for Small Businesses Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, announced(Link is external) (video) that the Delaware Small Business Development Center (SBDC) has been selected to receive a $350,000 prize to…
HUD: Regulations Updated to Lower Housing Costs and Build Safe and Affordable Manufactured Homes
HUD marks 50 years of the Manufactured Home Construction and Safety Standards, while announcing the most extensive updates in more than three decades to modernize manufactured home features, increase consumer demand, and expand America’s affordable housing supply. The U.S. Department of Housing and Urban Development (HUD) announced today the most extensive update to the Manufactured Home Construction…
ABA: Foundation Joins with Government Agencies to Launch New Infographic Warning Consumers about Cryptocurrency Scams
The ABA Foundation, in collaboration with the Federal Bureau of Investigation, Commodity Futures Trading Commission, Securities and Exchange Commission, Internal Revenue Service – Criminal Investigation, Department of Homeland Security, U.S. Secret Service, Financial Crimes Enforcement Network and Financial Industry Regulatory Authority today released a new infographic warning consumers about the increasing threat of cryptocurrency investment scams. According…
Census Bureau: Income, Poverty and Health Insurance Coverage in the U.S. Data Released for 2023
The U.S. Census Bureau today announced that real median household income increased by 4.0% between 2022 and 2023. This is the first statistically significant annual increase in real median household income since 2019. The official poverty rate fell 0.4 percentage points, to 11.1%, in 2023. The Supplemental Poverty Measure (SPM) rate in 2023 was 12.9%,…