FEMA: President Biden Approves Disaster Declaration for Montana
FEMA announced that federal disaster assistance is available for the state of Montana to supplement recovery efforts in the areas affected by straight-line winds that occurred on July 24, 2024. Public Assistance federal funding is available to state, eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergency work and the…
HUD and Census Bureau: New Residential Sales Report Released for July 2024
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for July 2024: New Home SalesSales of new single-family houses in July 2024 were at a seasonally adjusted annual rate of 739,000, according to estimates released jointly today by the U.S. Census Bureau and…
HUD: Agreement Negotiated with Harris County, TX to Ensure Equitable Use of Disaster Recovery Funds
New agreement requires County to notify those targeted by a mandatory buyout program of their rights and requires HUD oversight of any proposal to use HUD funds for a mandatory buyout The U.S. Department of Housing and Urban Development (HUD) announced today that it has entered into a Voluntary Compliance Agreement/Conciliation Agreement (Agreement) resolving allegations…
HUD: Disaster Aid Offered to Vermont Storm Victims
Federal aid supports state, Tribal and local recovery for July 9-11, 2024 The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the State of Vermont and ordered federal aid to supplement state and local recovery efforts in the areas affected by a severe storm, flooding, landslides,…
HUD: $3.7 Million Announced for Home Repairs for Seniors
Newly announced grants will deliver home modification services for seniors across the country. The U.S. Department of Housing and Urban Development (HUD) today awarded more than $3.7 million to two nonprofit organizations and a local housing authority to enable low-income elderly persons to remain in their homes through low-cost, low barrier, high impact home modifications….
FHFA: 2025-2027 Housing Goals for Fannie Mae and Freddie Mac Proposed
The Federal Housing Finance Agency (FHFA) issued a proposed rule today that would establish the housing goals for 2025-2027 that Fannie Mae and Freddie Mac (the Enterprises) would be required to meet on an annual basis. FHFA is requesting comments on all aspects of the proposed rule during the 60-day public comment period. The housing…
CDFI Fund: Public Comments Sought on CDFI ERP-Related Changes to the Transaction Level Report
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) is soliciting public comment on changes to the Transaction Level Report (TLR) that will capture data on transactions related to the Community Development Financial Institutions Equitable Recovery Program (CDFI ERP). In 2023, the CDFI Fund allocated $1.73 billion in federal financial assistance…
CDFI Fund: Advisory Board Public Meeting Scheduled for September 19th in Washington, DC
The Community Development Financial Institutions Fund (CDFI Fund) is convening a meeting of the Community Development Advisory Board (the Advisory Board) from 9:30 a.m. to 4:00 p.m. Eastern Time on Thursday, September 19, 2024. The Advisory Board meeting will be held in Cash Room at the U.S. Department of the Treasury located at 1500 Pennsylvania Avenue, NW,…
SBA: Third Annual Small Business Cyber Summit Scheduled for Cybersecurity Awareness Month
Summit Aligns with the Biden-Harris Administration’s Cybersecurity Strategy, Will Rally Cyber Nerds and Business Moguls to Protect Entrepreneurs from Escalating Attacks Today, the U.S. Small Business Administration (SBA)(Link is external) announced that it will host its leading Small Business Cyber Summit on October 16 and 23. The free cybersecurity series builds on the Biden-Harris Administration’s National Cybersecurity Strategy(Link is…
HUD: Disaster Aid Offered to Kansas Storm Victims
Federal aid supports state, Tribal and local recovery for May 2024 Storms. The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the State of Kansas and ordered federal aid to supplement state, Tribal, and local recovery efforts in the areas affected by a severe storm, straight-line…