HUD: Expanded Solutions to Tackle Homelessness with Housing Vouchers Announced
New flexibilities help communities to expedite process to get housing assistance to those experiencing homelessness. Today, the U.S. Department of Housing and Urban Development (HUD) announced a new opportunity for communities to expedite housing assistance for people experiencing homelessness in the Housing Choice Voucher program. Housing agencies can now request to accept self-certification of income…
HUD: Harvard University Wins HUD’s 2024 Innovation in Affordable Housing Student Design and Planning Competition
Student teams shine in affordable housing solutions: UC Berkeley and University of Maryland also recognized in HUD’s design and planning competition. The U.S. Department of Housing and Urban Development (HUD) announced a graduate student team with members from Harvard University as the winners of HUD’s eleventh annual Innovation in Affordable Housing Student Design and Planning Competition….
ABA: New Banker Guide Released to Drive Community Engagement and Advance Inclusive Economic Solutions
The ABA Foundation today released “Community Conversations: Keys to Engaging Communities and Driving Inclusive Economic Solutions,” a new guide designed to help banks deepen their partnerships with community stakeholders and foster new cross-sector strategies to move people along the path to economic mobility and prosperity. The new resource offers a community engagement assessment to help bankers reflect…
ABA: Foundation Accepting Submissions for 12th Annual Community Commitment Awards
Today, the American Bankers Association Foundation announced it is now accepting submissions for its 12th annual Community Commitment Awards. The Foundation is encouraging banks of all sizes to enter their most successful community initiatives for the awards, ABA’s highest honors for extraordinary community engagement. The CCAs recognize innovative, high-impact bank programs that improve the quality of…
SBA: Louisiana Small Business Owner Named 2024 National Small Business Person of the Year
Washington State Cleaning Company Founder Saluted as Runner-Up Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, named Iam C. Tucker of Integrated Logistical Support, Inc. (ILSI) in Louisiana as the National Small Business Person of the Year for 2024 at…
FHFA: New Division of Public Interest Examination Announced
The Federal Housing Finance Agency (FHFA) today announced the creation of a new Division of Public Interest Examination (DPIE), which will be responsible for supervisory oversight of the Agency’s regulated entities in the areas of affordable housing, community development, diversity and inclusion, consumer protection, and fair lending. FHFA serves as regulator and conservator of Fannie Mae…
FDIC: Fulton Bank, NA of Lancaster, PA Assumes Substantially All Deposits of Republic First Bank, Philadelphia
Philadelphia-based Republic First Bank (doing business as Republic Bank) was closed today by the Pennsylvania Department of Banking and Securities, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect depositors, the FDIC entered into an agreement with Fulton Bank, National Association of Lancaster, Pennsylvania to assume substantially all of the deposits and…
FDIC: Five New Members Named to Advisory Committee on Community Banking
May 2nd meeting to address a wide range of community banking issues The Federal Deposit Insurance Corporation (FDIC) today announced five new members of the agency’s Advisory Committee on Community Banking: Composed of a cross-section of community bankers from around the country, the FDIC’s Advisory Committee shares input on a broad range of community bank…
ABA: Bank Volunteers Celebrate National Financial Literacy Month with New Teach Children to Save Lessons
April 25th marks ABA Foundation’s 27th annual Teach Children to Save Day On April 25th, bank employees will deliver financial literacy lessons to K-8 students across the nation as part of the ABA Foundation’s 2024 Teach Children to Save Day. The annual Teach Children to Save campaign is a centerpiece of the banking industry’s longstanding commitment…
FDIC: Four Bankers Named to Minority Depository Institutions Subcommittee
May 1st meeting to address key challenges and opportunities for minority banks The Federal Deposit Insurance Corporation (FDIC) today announced four new members of the agency’s Minority Depository Institutions (MDI) Subcommittee to the Advisory Committee on Community Banking: On May 1, 2024, the MDI Subcommittee will meet to share insights into key challenges and opportunities…