HUD: New Data Reports Show that Surge in Homelessness Was Averted During COVID-19 National Emergency
Two New HUD reports suggest that federal relief prevented a rise in evictions and homelessness during the pandemic. The U.S. Department of Housing and Urban Development (HUD) released new research and data showing that, despite historically high housing needs during the COVID-19 pandemic, rates of sheltered homelessness declined in 2021. HUD experts and independent research…
FEMA: President Biden Approves Major Disaster Declaration for Tennessee
FEMA announced that federal disaster assistance has been made available to the state of Tennessee to supplement recovery efforts in the areas affected by severe storms and straight-line winds June 25 – 26, 2023. Public Assistance federal funding is available to the state and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergency…
HUD: Federal Housing Agencies Issue Reminder of Mortgage Assistance for Those Impacted by the Maui Wildfires
Today, Federal Housing Agencies – Government National Mortgage Association (Ginnie Mae), Federal Housing Administration (FHA), Federal Housing Finance Agency (FHFA), United States Department of Agriculture (USDA), and United States Department of Veterans Affairs (Veterans Affairs) – issued the following joint statement pledging their offices’ ongoing support for Hawaiian residents affected by the devastating wildfires on…
FEMA: New Webpage Launched to Dispel Myths, Address Rumors and Answer Frequently Asked Questions Related to Hawaii Wildfires
After a disaster, rumors and myths can harm disaster survivors by causing confusion and can even prevent people from seeking assistance. To address this problem, FEMA recently launched a rumor control and frequently asked questions web page to keep survivors of the Hawaii wildfires aware of rumors and scams, and to help them better understand the federal…
Federal and State Financial Regulatory Agencies Issue Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by the Hawaii Wildfires
The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Hawaii Department of Commerce and Consumer Affairs’ Division of Financial Institutions, the National Credit Union Administration, and the Office of the Comptroller of the Currency, collectively the agencies, recognize the serious impact of the recent Hawaii wildfires on the customers…
HUD: Waiver Package Announced to Help Hawaii Communities Recover from Fires
Today, the U.S. Department of Housing and Urban Development (HUD) announced a package of regulatory and administrative waivers to allow the use HUD funding to help communities in Maui and the Island of Hawai’i accelerate their recovery from the wildfires. Today’s announcement represents follows initial support HUD provided to families in the wake of the fires. “We’re…
FEMA: President Biden Approves Major Disaster Declaration for Illinois
FEMA announced today that federal disaster assistance has been made available to the state of Illinois to supplement recovery efforts in the areas affected by a severe storms and flooding June 29 to July 2, 2023. The President’s action makes federal funding available to affected individuals in Cook County. Assistance can include grants for temporary…
ABA Urges Bankers to Contribute to Disaster Relief Efforts in Hawaii
In the aftermath of the unprecedented wildfires in Hawaii, the American Bankers Association will donate $25,000 to the Hawaii Community Foundation’s Maui Strong Fund to assist with immediate disaster response and recovery. The ABA donation follows a similar contribution from our alliance partners at the Hawaii Bankers Association. The HBA was one of the first…
FEMA: President Biden Approves Major Disaster Declaration for Montana
FEMA announced that federal disaster assistance has been made available to the state of Montana to supplement recovery efforts in the areas affected by flooding April 10-26, 2023. 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 emergency work and the…
FEMA: President Biden Approves Major Disaster Declaration for New Jersey
FEMA announced that federal disaster assistance has been made available to the state of New Jersey to supplement recovery efforts in the areas affected by the severe storm and flooding July 14-15, 2023. Public assistance federal funding is available to the state and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for…