HUD and VA Launch “Boot Camps” to Accelerate Homeless Veterans’ Path to Permanent Housing and Support Services
The U.S. Departments of Housing and Urban Development (HUD) and Veterans Affairs (VA) launched the HUD-Veterans Affairs Supportive Housing (HUD-VASH) “Boot Camps.” The HUD-VASH “Boot Camps” are a series of workshops to help Public Housing Agencies (PHAs) and Veteran Affairs Medical Centers (VAMCs) improve their processes and more quickly transition veterans from homelessness to permanent…
HUD: Updated Public & Assisted Housing Guidance Published for Treatment of Solar Program for Residents
Updates support expanded use of solar program benefits for assisted housing residents as a result of the Inflation Reduction Act. The U.S. Department of Housing and Urban Development (HUD) published today updated guidance for Public Housing Authorities (PHAs) and owners of properties participating in HUD Multifamily Assisted Housing programs regarding the treatment of financial benefits…
HUD: Departments of Housing & Urban Development and the Interior Announce Action to Support More Affordable Housing in Nevada
New agreement will lead to the construction of critically needed affordable housing projects in Southern Nevada The U.S. Departments of Housing and Urban Development and the Interior today announced a new action to make it easier and more affordable for local communities in the Las Vegas metropolitan area to obtain federal land to build affordable…
HUD: Partnership Announced with the National Association of Real Estate Brokers (NAREB) to Address Appraisal Bias and Discrimination
Partnership will increase education, outreach, and other efforts to tackle appraisal bias and discrimination. The U.S. Department of Housing and Urban Development (HUD) and the National Association of Real Estate Brokers (NAREB) unveiled today a partnership aimed at tackling appraisal bias and discrimination in the housing market. This historic collaboration, set to launch in the…
Federal Reserve: Jeffrey R. Schmid Named 10th President and CEO of the Federal Reserve Bank of Kansas City
Schmid joins the Kansas City Fed August 21, 2023, with more than 40 years of regulatory and banking experience. The Federal Reserve Bank of Kansas City’s Board of Directors announced today that Jeffrey R. Schmid, president and chief executive officer of the Southwestern Graduate School of Banking Foundation at Southern Methodist University’s Cox School of Business, has…
SBA: Small Business Loan Program Improvements Launched to Expand Access to Capital
Lending program improvements expand access to capital for small businesses and increases protection against fraud On August 1, the U.S. Small Business Administration (SBA) began implementing additional policies aimed at expanding small business access to capital by modernizing SBA’s signature 7(a) and 504 Loan Programs. Today’s loan program updates build on Administrator Isabella Casillas Guzman’s previous announcements that address…
HUD: Invitation Issued for Public Housing Agencies to Join Moving to Work Demonstration Program
Move to Work allows greater flexibility to improve housing choice and self-sufficiency. Today, the U.S. Department of Housing and Urban Development (HUD) published PIH NOTICE 2023-20 seeking applications for the Overall Impact of Moving to Work Flexibility and Administrative Efficiencies Cohort of the Moving to Work (MTW) Demonstration Program. The notice outlines the process by which public…
SBA: U.S. Small Business Administration Marks 70th Anniversary
Federal Agency Highlights Its Legacy of Success in Supporting Millions of Small Businesses SBA Administrator Isabella Casillas Guzman issued the below statement ahead of the 70th anniversary of the U.S. Small Business Administration (SBA). The SBA was founded by President Dwight D. Eisenhower in 1953 when he signed the landmark “Small Business Act,” which established the…
FDIC: Dream First Bank, N.A. of Syracuse, KS Assumes All Deposits of Heartland Tri-State Bank of Elkhart, KS
Heartland Tri-State Bank of Elkhart, Kansas, was closed today by the Kansas Office of the State Bank Commissioner, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect depositors, the FDIC entered into a purchase and assumption agreement with Dream First Bank, National Association, of Syracuse, Kansas, to assume all of the deposits…
ABA Joins Project Fintech Accelerator as a Founding Partner
The American Bankers Association today announced it has joined the 2023 Project Fintech accelerator as a founding partner. Through this partnership, ABA will work closely with the Project Fintech team over the next nine months to engage with nine startups developing innovative banking technology products and services. “Innovation is at the core of today’s banking industry, and…