HUD: Disaster Aid Offered to Minnesota Storm and Flood Victims
Federal aid supports state, tribal and local recovery for June 2024 Minnesota storms and flooding. The U.S. Department of Housing and Urban Development (HUD) announced the implementation of federal disaster assistance for the state of Minnesota and ordered Federal aid to supplement state, tribal, and local recovery efforts in the areas affected by severe storms…
FEMA: 93 More Communities and Tribes Added to Program for Free Hands-On Support to Build Climate Resiliency, Bringing Total to 167 Nationwide
FEMA today announced 93 local communities, tribes and territories across all 10 FEMA regions will receive non-financial Direct Technical Assistance to help build community-wide resilience through the Building Resilient Infrastructure and Communities (BRIC) grant program. This more than doubles the number of recipients from last year. This announcement comes following the agency’s recent announcement on the 656 BRIC recipients. “FEMA is…
HUD: Tools Updated to Help Americans Buy Homes
New translations of single-family mortgage documents make mortgage information more accessible for non-English speaking borrowers Today, the U.S. Department of Housing and Urban Development (HUD), through its Federal Housing Administration (FHA), is making available translated versions of 19 single family mortgage documents used in the servicing of FHA-insured mortgages. These documents will be available in…
CDFI Fund: Summary Report and Public Data for NMTC Program for FYs 2003-2022 Released
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today released a summary report and data collected on all New Markets Tax Credit (NMTC) investments across the nation from fiscal year (FY) 2003 to FY 2022. The CDFI Fund requires all Community Development Entities (CDEs) that have been awarded NMTC allocations…
FEMA: $1 Billion in Project Selections Announced to Make Communities More Resilient to Climate Change and Natural Hazards Through the Investing in America Agenda
Funding Boosted from President Biden’s Investing in America Agenda Will Support 656 Resilience Projects Nationwide President Joseph R. Biden, Jr., Department of Homeland Security Secretary Alejandro Mayorkas and FEMA Administrator Deanne Criswell today announced the 656 project selections for $1 billion in climate resilience funding as part of his Investing in America agenda. The selections through…
FHFA: Data Visualization Dashboard Released for NMDB Outstanding Residential Mortgage Statistics
Data provides information about active residential mortgages in the United States. The Federal Housing Finance Agency (FHFA) today published updated aggregate statistics from the National Mortgage Database (NMDB®) and launched the NMDB Aggregate Statistics Dashboard—a new data visualization tool for the NMDB Outstanding Residential Mortgage Statistics. “The release of updated data will allow stakeholders to…
EDA: New Funding Round of $504 Million Announced for 12 Tech Hubs Across America
The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), announced another funding round of approximately $504 million in implementation grants to 12 Tech Hubs to scale up the production of critical technologies, create jobs in innovative industries, strengthen U.S. economic competitiveness and national security, and accelerate the growth of industries of the future in…
CFPB: Exams Find Loan Servicing Failures, Illegal Debt Collection Practices, and Issues with Medical Payment Products
Supervisory Highlights report also reviews practices related to deposit and prepaid account freezes and information access The Consumer Financial Protection Bureau (CFPB) today published an edition of Supervisory Highlights sharing key findings from recent examinations of auto and student loan servicing companies, debt collectors, and other financial services providers. The report also highlights consumer complaints about medical…
FEMA: President Biden Approves Major Disaster Declaration for Minnesota
FEMA announced that federal disaster assistance is available to the state of Minnesota to supplement recovery efforts in the areas affected by the severe storms and flooding beginning June 16, 2024, and continuing. Public Assistance federal funding is available to the state, tribal and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for…