Industry News

HUD: Action Plan to Remove Unnecessary Barriers to Housing for People with Criminal Records Released

In weeks ahead, HUD will introduce rulemaking, establish a process for individualized assessments, and outline guidelines for public housing authorities  HUD Secretary challenges public housing authorities to review current processes Today, U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge announced further steps HUD will take to ensure that qualified people are…

FEMA: Deadline Extended for HBCU & Minority-Serving Institutions Summer Internship Program; Now Open to Tribal Colleges

FEMA is extending the application deadline for its Summer 2023 Minority Serving Institutions Internship, and will open the program to tribal colleges. The deadline to apply for this opportunity has been extended to April 28, 2023, and the applicant pool will include students from tribal colleges and universities as well as Historically Black Colleges and Universities and…

FDIC: SUNY Geneseo Wins Third Annual FDIC Academic Challenge

The Federal Deposit Insurance Corporation (FDIC) today announced a four–member team of undergraduate students from the State University of New York College at Geneseo is the winner of the Third Annual FDIC Academic Challenge, a competition among university and college undergraduate students concerning the U.S. banking sector. The FDIC selected the team of Jenna Huizinga, Ian…

OCC: Acting Comptroller Discusses Open Banking

Acting Comptroller of the Currency Michael J. Hsu today discussed the Office of the Comptroller of the Currency’s (OCC) approach to open banking in remarks at FDX Global Summit Spring 2023 in Raleigh, N.C. In his remarks, the Acting Comptroller highlighted the evolution of open banking and its potential impact on the OCC’s supervision in…

HUD: First-Ever HUD Tribal Intergovernmental Advisory Committee Meeting Convened

U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge hosted HUD’s first-ever Tribal Intergovernmental Advisory Committee (TIAC) meeting at the Robert C. Weaver Federal Building. The two-day convening included Tribal leaders from across the continental United States and Alaska that make up the HUD Tribal Intergovernmental Advisory Committee. The meeting focused on…

HUD: FHA Seeks Feedback on Proposed Changes to Increase Access to Affordable Financing for Properties with Accessory Dwelling Units

Proposed policy changes would expand the use of affordable FHA-insured financing for homes with Accessory Dwelling Units as part of Biden-Harris Administration’s Housing Supply Action Plan. Today, the Federal Housing Administration (FHA) published for feedback a draft update to its requirements for insuring mortgages on single family homes with Accessory Dwelling Units (ADUs). The proposal adds additional…

SBA: 2023 Application for T.H.R.I.V.E. Executive Level Business Training for Entrepreneurs Announced

Today, the U.S. Small Business Administration (SBA) announced the opening of the 2023 application for a redesigned c-suite level training program for small business leaders, formerly known as Emerging Leaders. “T.H.R.I.V.E. Emerging Leaders Reimagined initiative will provide up-and-coming small business leaders with tools, knowledge, and access to the best and the brightest minds in economic development and business,” said Associate Administrator of…

FHFA: Input Requested on Multifamily Tenant Protections

In May 2023, the Federal Housing Finance Agency (FHFA) will issue a Request for Input (RFI) on multifamily tenant protections. Previously, FHFA announced​ in the White House Blueprint for a Renters Bill of Rights that the Agency would conduct a public stakeholder engagement process to identify tangible solutions for addressing the challenges renters are facing nationwide, particularly among underserved…

OCC: Agency Promotes National Financial Capability Month

The Office of the Comptroller of the Currency (OCC) encourages national banks and federal savings associations (collectively, banks) to support the financial capability and financial health of their customers, particularly during National Financial Capability Month in April. Banks promote financial capability by supporting programs that expand financial literacy through high-quality financial education and promote access…

SBA: 2023 National Small Business Week Co-Sponsors and Virtual Summit Agenda Announced

Today, the U.S. Small Business Administration announced the 2023 National Small Business Week (NSBW) co-sponsors and the schedule for the Virtual Summit, taking place May 2-3, 2023. This year’s NSBW Virtual Summit will feature educational workshops presented by our co-sponsors, provide access to federal resources and offer networking to help our nation’s entrepreneurs start and grow their businesses. To register…