Industry News

HUD: Agency Takes Action to Support Community Living for People with Disabilities

New Mainstream Voucher flexibilities designed to help people with disabilities choose where they live On the heels of the 34th anniversary of the Americans with Disabilities Act and the 25th anniversary of the landmark Supreme Court decision on Olmstead v. L.C., the U.S. Department of Housing and Urban Development (HUD) is taking policy actions to support…

CDFI Fund: CDFI Equitable Recovery Program Technical Assistance Workshops Available

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) will be conducting a series of regional workshops to provide technical assistance to CDFI Equitable Recovery Program (CDFI ERP) Award Recipients.  The in-person workshops will consist of interactive sessions structured around CDFI ERP requirements and Recipient needs. The goal of the workshops…

CDFI Fund: Advisory Board Public Meeting Scheduled for September 19th in Washington, DC

The Community Development Financial Institutions Fund (CDFI Fund) is convening a meeting of the Community Development Advisory Board (the Advisory Board) from 9:30 a.m. to 4:00 p.m. Eastern Time on Thursday, September 19, 2024. The Advisory Board meeting will be held in Cash Room at the U.S. Department of the Treasury located at 1500 Pennsylvania Avenue, NW,…

SBA: Third Annual Small Business Cyber Summit Scheduled for Cybersecurity Awareness Month

Summit Aligns with the Biden-Harris Administration’s Cybersecurity Strategy, Will Rally Cyber Nerds and Business Moguls to Protect Entrepreneurs from Escalating Attacks Today, the U.S. Small Business Administration (SBA)(Link is external) announced that it will host its leading Small Business Cyber Summit on October 16 and 23. The free cybersecurity series builds on the Biden-Harris Administration’s National Cybersecurity Strategy(Link is…

HUD: Agency Celebrates 50 Years of Investing in Communities, Helping Families Access Affordable Housing, and Ensuring Safe and Affordable Manufactured Homes

This week marks the 50th anniversary of the Housing and Community Development Act of 1974, which created several critical programs that have benefited millions of American families This week, the U.S. Department of Housing and Urban Development (HUD) commemorates the 50th anniversary of the Housing and Community Development (HCD) Act of 1974, which created several…

FHFA: Fannie Mae and Freddie Mac Update Their Private Mortgage Insurer Eligiblity Requirements

The Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac (the Enterprises) are issuing updates to the Private Mortgage Insurer Eligibility Requirements (PMIERs) – the financial and operational standards that private mortgage insurance companies must meet to provide insurance on mortgage loans acquired by the Enterprises. “Financially sound private mortgage insurance…

SBA: Nominations Open for 2025 National Small Business Week Awards

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, opened nominations (video) for the 2025 National Small Business Week (NSBW) Awards. For more than 60 years the SBA has been uplifting small businesses in America, and the annual NSBW awards recognize…

FHFA: First Meeting of Advisory Committee on Affordable, Equitable, and Sustainable Housing Scheduled for September 10-11, 2024

Today, the Federal Housing Finance Agency (FHFA) announced the first meeting of the Advisory Committee on Affordable, Equitable, and Sustainable Housing (ACAESH). The ACAESH meeting will be held in person September 10-11, 2024, at FHFA’s headquarters in Washington, D.C., with video and audio coverage available. “The Committee’s wide-ranging expertise will help FHFA continue to fulfill…

HUD: Local Housing Programs Enhanced to Build More Affordable Homes

New update to HUD financing program for state and local housing finance agencies will support the construction of new, affordable homes for American families The U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury today announced new actions to provide more interest rate certainty for state and local Housing Finance Agencies (HFAs)…

CFPB: Consumer Advisory Issued to Help People Facing Housing Problems Because of a Contract for Deed

Like all home purchases, a contract for deed involves a contract between a buyer and a seller. Even if the contract goes by a different name, like “bond for deed,” “land installment contract,” or “buying on contract,” the idea is the same: a purchase made on an installment plan rather than through a traditional mortgage…