CDFI Fund: Registration Open for FY 2017 Capital Magnet Fund In-Person Application Workshops
Registration is now open to attend in-person application workshops for the fiscal year (FY) 2017 application round of the Capital Magnet Fund. Two in-person workshops—a morning session and an afternoon session—will be held at the CDFI Fund’s offices in Washington, D.C. on July 26, 2017. The same information will be covered during each workshop session….
Census Bureau: 2020 Census Local Update of Census Addresses Operation to Begin
JUNE 29, 2017 — Starting in July, governments around the country will start the process of ensuring the accuracy of their address lists through the 2020 Census Local Update of Census Addresses operation. LUCA is a voluntary, once-a-decade opportunity for governments to add, correct or delete addresses on the lists and maps used to conduct…
FHFA: Index Shows Mortgage Rates Decreased in May 2017
Washington, D.C. – Nationally, interest rates on conventional purchase-money mortgages decreased from April to May, 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 3.87 percent for loans closed in late May, down 10 basis points from 3.97…
FHFA: 2018-2020 Housing Goals for Fannie Mae and Freddie Mac Proposed
Washington, D.C. – In accordance with the provisions of the Housing and Economic Recovery Act of 2008, the Federal Housing Finance Agency (FHFA) today proposed a rule that would establish new housing goals for Fannie Mae and Freddie Mac (the Enterprises) for 2018 through 2020. FHFA is requesting comment on the proposed rule. When finalized,…
FHFA: Deadline Extended to July 31 on Request for Input to Improve Access to Credit for Borrowers with Limited English Proficiency
Washington, DC – The Federal Housing Finance Agency (FHFA) is extending the deadline from July 10 to July 31 to allow more time for interested parties to provide input on issues facing qualified mortgage borrowers with Limited English Proficiency (LEP) throughout the mortgage life cycle process, including mortgage lending and servicing. FHFA announced on May…
CDFI Fund: 2017 Funding Round for Capital Magnet Fund Opens
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2017 funding round for the Capital Magnet Fund. Through the Capital Magnet Fund, the CDFI Fund competitively awards funds to CDFIs and qualified non-profit housing organizations. These awards can be used to finance affordable housing activities,…
HUD: $127 Million to Protect Children and Families from Dangerous Lead and Other Home Hazards Awarded
WASHINGTON – In a continuous effort to keep families and their children safe from lead-based paint and other home health and safety hazards, the U.S. Department of Housing and Urban Development (HUD) today awarded more than $127 million to 48 state and local government agencies (see chart below). The grant funding announced today will reduce…
Census Bureau: The Nation’s Older Population is Still Growing
The nation’s population has a distinctly older age profile than it did 16 years ago, according to new U.S. Census Bureau population estimates released today. New detailed estimates show the nation’s median age — the age where half of the population is younger and the other half older — rose from 35.3 years on April…