HUD: Following Court Ruling, Department Moving Forward on Amending Affirmatively Furthering Fair Housing Regulations
In the wake of a federal court decision upholding the U.S. Department of Housing and Urban Development’s approach to rulemaking, HUD Secretary Ben Carson today announced that HUD intends to move forward in amending its 2015 Affirmatively Furthering Fair Housing (AFFH) regulations. Last week, Chief Judge Beryl A. Howell, of the U.S. District Court for…
FHFA: Fannie Mae and Freddie Mac to Conclude Single-Family Rental Pilot Programs
The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac (the Enterprises) will conclude their single-family rental pilot programs and then terminate their participation in the single-family rental market except through their previously existing investor programs – Fannie Mae’s Multiple Financed Properties and Freddie Mac’s Investment Property Mortgages. In the last…
ABA: Foundation Invites Volunteers for 2018 “Get Smart About Credit” Day on October 18th
Bankers visit classrooms across country on Oct. 18 to teach credit education The American Bankers Association Foundation is calling for banker volunteers for its 16th annual Get Smart About Credit campaign, an initiative designed to teach teens how to use credit effectively. Bankers will celebrate Get Smart About Credit Day on Oct. 18 and throughout…
HUD: Department Launches New Campaign to Boost Landlord Acceptance of Housing Vouchers
New task force aimed at boosting landlord participation in Housing Choice Voucher Program WASHINGTON – U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced a Department-wide task force as part of a larger campaign to encourage more landlords to participate in the Housing Choice Voucher (HCV) Program. HUD’s HCV Program is the nation’s…
HUD: Department Files Housing Discrimination Complaint Against Facebook
Secretary-initiated complaint alleges platform allows advertisers to discriminate WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) announced today a formal complaint against Facebook for violating the Fair Housing Act by allowing landlords and home sellers to use its advertising platform to engage in housing discrimination. HUD claims Facebook enables advertisers to control…
EDA: $1.97 Million Invested to Build an Automative Training Facility in Georgetown, DE
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.97 million grant to the Delaware Technical and Community College of Dover, Delaware, to build a new automotive training center. According to grantee estimates, the project is expected to create 43 jobs, retain 44 jobs, and generate…
EDA: $2.5 Million Invested to Bolster Manufacturing Training in Hazard, KY
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the Kentucky Community and Technical College System of Hazard, Kentucky. According to grantee estimates, the project is expected to create 261 jobs. “The Trump Administration is committed to ensuring that American workers are…
EDA: $2 Million Invested to Support Infrastructure Development in Mocksville, NC
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Davie County of Mocksville, North Carolina, for infrastructure improvements, accelerating the growth of medical and manufacturing industries in the region. According to grantee estimates, the project is expected to create 187 jobs, and…
EDA: $1.8 Million Invested for Roadway and Utility Infrastructure Needed to Support Business Expansion in Provo, UT
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million grant to the Provo City Corporation of Provo, Utah, for roadway and utility infrastructure needed to support business expansion and development. According to grantee estimates, the project is expected to create 450 jobs and spur…
EDA: $1.58 Million Invested to Help Make Water Infrastructure Improvements Needed in Paulsboro, NJ
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.58 million grant to help make water infrastructure improvements needed to support additional commercial growth at the Port of Paulsboro. According to grantee estimates, the project is expected to create 150 jobs and generate $10 million in…