HUD: DOE & HUD Announce New Partnership to Decarbonize U.S. Building Sector at COP28
HUD also becomes the 15th member of the U.S. Global Change Research Program (USGCRP) to advance climate research for communities facing greatest climate risks. Today, at the 28th U.N. Climate Conference (COP28), the U.S. Department of Housing and Urban Development (HUD) announced new initiatives to address the challenges posed by the climate crisis and ensure…
HUD: Free Energy and Water Benchmarking Service Launched for HUD-Assisted Multifamily Properties
New service funded under the Inflation Reduction Act furthers President Biden’s Investing in America agenda and promotes green investments in rental homes for low-income families The U.S. Department of Housing and Urban Development (HUD) today makes its Energy and Water Benchmarking Service available for properties participating in its Multifamily project-based rental assistance programs. This new, free service…
SBA: First-Ever Season of Small Business Campaign Announced
Campaign builds on small business boom under Biden-Harris Administration, encourages Americans to shop small throughout the holiday season 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 33 million small businesses, announced the SBA’s first-ever Season of Small Business campaign. Under President Biden’s leadership, there has been a small…
SBA: Veterans Small Business Advisory Committees to Host Virtual Public Meetings on December 6th and 7th
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 33 million small businesses, announced the U.S. Small Business Administration (SBA) Interagency Task Force (IATF) on Veterans Small Business Development and the SBA Advisory Committee on Veterans Business Affairs (ACVBA) will hold their next set of public…
HUD: FHA Proposes Enhancements to Make Home Rehabilitation Program More Effective for Homebuyers and Homeowners
Proposed changes to the 203(k) Rehabilitation Mortgage Insurance Program are designed to expand FHA-insured mortgage financing for families purchasing or refinancing single family homes in need of repair or rehabilitation. Today, the Federal Housing Administration (FHA) posted proposed changes to its 203(k) Rehabilitation Mortgage Insurance Program for industry feedback. The 203(k) program is designed to help borrowers…
Federal Reserve: Michal Barr Delivers “Serving Indian Country with the Modernized Community Reinvestment Act” Speech
Vice Chair for Supervision Michael S. Barr At the Modernized Community Reinvestment Act and Indian Country, the Federal Reserve Bank of Minneapolis, Minneapolis, Minnesota (virtual) “Good afternoon. I’m grateful for the opportunity to join you today as we discuss the updated Community Reinvestment Act regulations and what they mean for Indian Country. The Community Reinvestment…
FHFA: Conforming Loan Limit Values for 2024 Announced
Baseline Conforming Loan Limit Value Will Increase to $766,550 The Federal Housing Finance Agency (FHFA) today announced the conforming loan limit values (CLLs) for mortgages Fannie Mae and Freddie Mac (the Enterprises) will acquire in 2024. In most of the United States, the 2024 CLL value for one-unit properties will be $766,550, an increase of…
SBA: USDA and SBA Strengthen Partnership to Create Jobs and Economic Growth in Rural America
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 33 million small businesses, announced today that the SBA is strengthening its longstanding partnership with the U.S. Department of Agriculture (USDA) to create jobs and expand access to new and better market opportunities for…
CDFI Fund: Update to NMTC Program Compliance FAQs Released
The Community Development Financial Institutions Fund (CDFI Fund) has provided an updated Compliance Frequently Asked Questions (FAQs) document for the New Markets Tax Credit Program (NMTC Program) on its website. This document supersedes the December 2022 publication of the FAQs document by adding, revising, or updating select questions from the earlier edition. Updates include: The updated FAQ…
HUD: Agency Reiterates Role of Housing as a Social Determinant of Health and Critical to Advance Health Equity
Biden-Harris Administration takes new actions to address the root causes of health disparities and foster interagency collaboration to ensure that all Americans can live a healthier life The Biden-Harris Administration announced today the U.S. Playbook to Address Social Determinants of Health, a comprehensive set of actions to better social determinants of health (SDOH), which affect the…