Innovation

HUD: Proposed Rule Would Spark Manufactured Home Innovation & Increase Supply

The proposed rule would remove the permanent chassis requirement for upper stories of manufactured homes. HUD today published a proposed rule in the Federal Register that would update the definition of a manufactured home and support innovative opportunities for multi-story manufactured housing. Under the proposed rule, the new definition of a manufactured home, as noted in the Manufactured Home…

OCC: Comptroller Gould Testifies on Agency Activities

Comptroller Jonathan V. Gould today testified on the Office of the Comptroller of the Currency’s (OCC) priorities and activities before the U.S. House of Representatives Committee on Financial Services. Excerpts from Comptroller Gould’s testimony are below. The full written testimony can be found here. On risk tolerance: “After the 2008 financial crisis, Washington too often sought…

ICBA: New ThinkTECH Accelerator Cohort Named to Help Community Banks Tackle Innovation Priorities

The Independent Community Bankers of America® (ICBA) today announced the selected companies for its eleventh ICBA ThinkTECH Accelerator program (AP11). Running May 18 – July 24, the second cohort of 2026 reflects feedback from ICBA’s ThinkTECH Selection and Advisory Committee and targets priority areas for community bank innovation, including fraud mitigation, artificial intelligence, data analytics,…

SBA: Small Business Innovation Research and Small Business Technology Transfer Programs Reauthorized

S. 3971 backs America’s Seed Fund programs for five years, adds reforms to strengthen national security, accountability, and innovation Today, President Donald J. Trump signed into law S. 3971, the Small Business Innovation and Economic Security Act, which reauthorizes and reforms the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. SBA Administrator Kelly…

Federal Reserve: Board Withdraws 2023 Policy Statement and Issues New Policy Statement Regarding the Treatment of Certain Board-Supervised Banks that Facilitates Responsible Innovation

The Federal Reserve Board on Wednesday withdrew a 2023 policy statement and issued a new policy statement regarding the treatment of certain Board-supervised banks that facilitates responsible innovation. “New technologies offer efficiencies to banks and improved products and services to bank customers,” said Vice Chair for Supervision Michelle W. Bowman. “By creating a pathway for…

ICBA: ThinkTECH Accelerator Debuts 10th Cohort to Continue Driving Community Bank Innovation

The Independent Community Bankers of America® (ICBA) today announced the selected companies for the 10th iteration of its award-winning ICBA ThinkTECH Accelerator program (AP10). The solutions span a broad array of offerings – from responsible AI for compliance to tools that accelerate small business growth, modernize lending, expand investing options, and strengthen fraud defenses –…

HUD: Exhibitors Unveiled for the 2025 Innovation Housing Showcase on the National Mall

Showcase Returns on September 6th-10th to Celebrate 250 Years of the American Home  The U.S. Department of Housing and Urban Development (HUD) announced more than 25 exhibitors that will showcase innovative housing and construction technologies on the National Mall during HUD’s annual Innovative Housing Showcase, taking place September 6th-10th. “HUD is proud to champion public-private partnerships…

HUD: Sponsors for the 2025 Innovation Housing Showcase Announced

The Historic Showcase Returns to the National Mall September 6th – 10th Highlighting 250 Years of Innovation in American Housing Today the U.S. Department of Housing and Urban Development (HUD) announced the presenting sponsors for the 2025 Innovative Housing Showcase: The International Code Council (ICC), The Manufactured Housing Institute (MHI), The Structural Building Components Association (SBCA), and The Home Depot….

SBA: New Regional Innovation Cluster Funding Announced to Support Domestic Manufacturing

$7.5 Million Now Available to Support American Industry, Strengthen Supply Chains, and Bring Jobs Back Home In a major push to restore America’s industrial dominance, the U.S. Small Business Administration (SBA) has announced the availability of new Regional Innovation Cluster (RIC) funding of up to $7.5 million to support domestic manufacturers. 98% of American manufacturers are small…

ICBA: ICBA ThinkTECH Accelerator Showcase Returns to the GSBC Connecting Fintechs with Future Community Leaders

The Independent Community Bankers of America (ICBA) announced its upcoming ICBA ThinkTECH Accelerator program showcase will once again take place at the Graduate School of Banking at Colorado (GSBC). The event, set for July 17, marks the culmination of the latest Accelerator program (AP9), a 10-week collaborative experience designed to foster fintech-community bank partnerships that advance community…