HUD: Economic Justice Agenda Released to Help Low-Income Renters Build Assets

Bridging the Wealth Gap expands HUD’s work to help renters achieve financial well-being and homeownership through saving, credit building, and banking HUD also announces $113 million to help HUD-assisted families increase earned income and improve financial stability The U.S. Department of Housing and Urban Development (HUD) today released an agenda for […]

ABA: New Multicultural and Financial Inclusion Training Launched

New online courses to help bank employees meet the needs of increasingly diverse customer base and expand access to banking As part of the American Bankers Association’s ongoing commitment to financial inclusion, ABA today launched three new online courses for bank employees designed to enhance multicultural banking services, promote diversity, […]

OCC: Nominations Sought for Minority Depository Institutions Advisory Committee

The Office of the Comptroller of the Currency (OCC) is seeking nominations for members of its Minority Depository Institutions Advisory Committee (MDIAC). The MDIAC assists the OCC in assessing the needs and challenges facing minority depository institutions. The OCC is seeking nominations of individuals who are officers and/or directors of […]

HUD: 24 Programs Announced to Join Justice40 Initiative for Disadvantaged and Underserved Communities

As part of the Biden-Harris Administration’s agenda to advance environmental justice, the U.S. Department of Housing and Urban Development today released a list of its programs included in the Administration’s Justice40 Initiative. President Biden created the Justice40 Initiative to deliver 40% of the overall benefits of climate, clean energy, affordable and […]

OCC: Acting Comptroller Discusses Importance of Financial Health for Consumers

Acting Comptroller of the Currency Michael J. Hsu today discussed the Office of the Comptroller of the Currency’s efforts to advance financial health for consumers before the U.S. Department of the Treasury’s Financial Literacy Education Commission. In his remarks, the Acting Comptroller highlighted the agency’s work in crypto consumer education, […]

OCC: Project REACh Anniversary Marked with Financial Inclusion Symposium

The Office of the Comptroller of the Currency (OCC) today hosted a financial inclusion symposium at its headquarters in Washington, D.C., to mark the second anniversary of Project REACh. The OCC’s Project REACh, or the Roundtable for Economic Access and Change, brings together leaders from the banking industry, national civil rights […]

HUD: Council on Foundations and HUD Announce Winners of 2022 Secretary’s Award for Public-Philanthropic Partnerships

This week, the U.S. Department of Housing and Urban Development (HUD) and the Council on Foundations (COF) announced the winners of the 2022 Secretary’s Award for Public-Philanthropic Partnerships.The Secretary’s Award for Public-Philanthropic Partnerships recognizes excellence in partnerships that have both transformed the relationships between the public and philanthropic sectors and […]

CFPB: New Final Rule Issued with Credit Reporting Protections to Aid Survivors of Human Trafficking

CFPB Helps Survivors Mitigate the Financial Consequences of Human Trafficking Today, the Consumer Financial Protection Bureau (CFPB) issued a final rule to help survivors avoid some of the financial consequences of human trafficking. The CFPB has established, among other things, a method for survivors of trafficking to submit documentation to […]

CDFI Fund: Apply Now for the Brand New CDFI Equitable Recovery Program

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2022 funding round for the CDFI Equitable Recovery Program (CDFI ERP) today. The program will provide approximately $1.73 billion in awards, which was included in the Consolidated Appropriations Act, 2021 (Pub. L. […]