HUD: ConnectHomeUSA Summit Announced to Bridge the Digital Divide
Agency to host federal leaders in broadband, digital equity practitioners, and ConnectHomeUSA Sites The U.S. Department of Housing and Urban Development (HUD) will host the 2024 ConnectHomeUSA Summit from December 10-12th. This hybrid event will convene representatives from ConnectHomeUSA Sites from across the country, along with federal broadband leaders and organizations from various sectors to…
SBA: Interagency Task Force to Address Veteran Small Business Development at December 11th Public Meeting
Today, the U.S. Small Business Administration (SBA) announced that the upcoming quarterly meeting for the Interagency Task Force (IATF) on Veterans Small Business Development will be Wednesday, Dec. 11. This meeting is open to the public. “Veterans and military families have an innate persistence that makes them well-suited for entrepreneurship and the Small Business Administration is proud…
HUD: FHA 2025 Loan Limits Announced
New Federal Housing Administration loan limits for Single Family Title II forward and Home Equity Conversion Mortgages go up for calendar year 2025. Today, the U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA) is announcing new loan limits for calendar year 2025 for its Single Family Title II forward and Home Equity Conversion Mortgage (HECM)…
FHFA: Conforming Loan Limit Values for 2025 Announced for Fannie Mae and Freddie Mac
The baseline CLL value of $806,500 for one-unit mortgages purchased by the Enterprises represents a 5.2 percent increase from 2024 The Federal Housing Finance Agency (FHFA) today announced the conforming loan limit values (CLLs) for mortgages acquired by Fannie Mae and Freddie Mac (the Enterprises) in 2025. In most of the United States, the 2025…
FHFA: Enterprises’ Three-Year Plans Unveiled to Improve Housing Opportunities for the Underserved
Fannie Mae and Freddie Mac will expand their focus on rural communities among other activities outlined in blueprints aimed at advancing equitable housing access in markets and communities facing persistent challenges. Fannie Mae and Freddie Mac (the Enterprises) will seek to extend housing access in rural underserved markets, enhance their support for manufactured housing, and…
CDFI Fund: Call for Community and Economic Development Practitioners to Serve as CDFI Application Reviewers
The Community Development Financial Institutions Fund (CDFI Fund) is issuing a call for well-qualified persons to serve as application reviewers for the calendar year (CY) 2024-2025 round of the New Markets Tax Credit Program (NMTC Program). The CDFI Fund has contracted with Areeva Solutions to recruit reviewers. Recruitment will be conducted by Areeva Solutions on a…
HUD: Agency Commemorates National Native American Heritage Month 2024
During Native American Heritage Month, HUD’s Office of Native American Programs will host a national Native Homeownership and Asset Building Summit. The Summit will take place in Oklahoma City, Oklahoma, on November 20-21, 2024, and it will include breakout sessions, a trade show, and community activities. Daily plenary sessions will feature remarks from local and Tribal…
FHFA: Fannie Mae and Freddie Mac Expand Support for Rental Housing
The Federal Housing Finance Agency announced higher caps for 2025 that allow the Enterprises to purchase up to $146 billion in multifamily loans and will continue to exempt workforce housing from the limit The Federal Housing Finance Agency (FHFA) will allow greater rental housing support from Fannie Mae and Freddie Mac (the Enterprises) by raising…
HUD: In 2024, FHA Supported Homeownership for More Than 790,000 Americans
Annual Report to Congress shows the Biden-Harris Administration has removed barriers to homeownership and helped borrowers with hardships while maintaining a well-capitalized Mutual Mortgage Insurance Fund Today, the U.S. Department of Housing and Urban Development (HUD) announced that through the Federal Housing Administration (FHA), in 2024, HUD served more than 790,000 people. This announcement is…
SBA: Season of Small Business to Kick Off with Small Business Saturday on November 30th
This Year’s Theme — Gift Big, Shop Local™ — Encourages Shoppers to Support Local Small Businesses 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 more than 34 million small businesses, is urging Americans to embrace the spirit of the holiday…