EDA: $1.2 Million Invested to Boost Clean Energy Manufacturing Sector in Sumter, SC
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the city of Sumter, South Carolina, for water infrastructure improvements needed to boost the region’s clean energy industry. This grant will support the establishment of a new solar wafer manufacturing facility. This EDA investment…
EDA: $800,000 Invested to Support the Textile Manufacturing Industry in Morganton, NC
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $800,000 grant to The Industrial Commons in Morganton, North Carolina, to support textile manufacturing in the region. This grant will provide for personnel and equipment in support of expanding the local textile production industry. This EDA investment will be matched with $500,000…
ABA: Bank Economists Share that Soft Landing Remains Likely, But Risks Remain
The American Bankers Association’s Economic Advisory Committee expects moderating inflation to enable the Federal Reserve to reduce the federal funds rate and support an ongoing economic expansion, according to the latest forecast the group released today. The committee, composed of 15 chief economists from some of North America’s largest banks, expects solid real economic growth…
FEMA: President Biden Approves Major Disaster Declaration for Florida
FEMA announced that federal disaster assistance is available to the state of Florida to supplement recovery efforts in the areas affected by Hurricane Helene from Sept. 23, 2024 and continuing. The President’s action makes federal funding available to affected individuals in Charlotte, Citrus, Dixie, Franklin, Hernando, Hillsborough, Jefferson, Lafayette, Lee, Levy, Madison, Manatee, Pasco, Pinellas,…
FEMA: President Biden Approves Major Disaster Declaration for North Carolina
FEMA announced that federal disaster assistance is available to the state of North Carolina to supplement recovery efforts in the areas affected by Tropical Storm Helene from Sept. 25, 2024, and continuing. The President’s action makes federal funding available to affected individuals in Alexander, Alleghany, Ashe, Avery, Buncombe, Burke, Caldwell, Catawba, Clay, Cleveland, Gaston, Haywood,…
HUD: Aid Offered to Vermont Disaster Victims
Federal aid supports counties of Caledonia, Essex, and Orleans The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the State of Vermont and ordered federal aid to supplement state and local recovery efforts in the areas affected by the severe storms, flooding, landslides, and mudslides from…
FHFA: NMDB Residential Mortgage Dashboard Released
Agency unveils online tool that shows loan performance of residential mortgages at the national and state levels and for the 100 largest metropolitan areas The Federal Housing Finance Agency (FHFA) updated the National Mortgage Database (NMDB®) Aggregate Statistics series to include new quarterly data on the loan performance of residential mortgages through the second quarter…
HUD: New Resources Announced to Retrofit and Weatherize Affordable Homes in America
HUD releases new guidance and updated tools to ensure benefits of President Biden’s Inflation Reduction Act and Bipartisan Infrastructure Law reach all affordable housing communities Today, the U.S. Department of Housing and Urban Development (HUD) announced the availability of new guidance and resources to support the rapid retrofitting and weatherization of America’s affordable housing stock….
HUD: $48 Million Announced to Expand Access to Housing Counseling to Assist Renters and Homeowners
Funding for more than 160 housing counseling organizations will advance the agency’s goal to provide expert advice and provide pathways to homeownership Today, the U.S. Department of Housing and Urban Development (HUD) is announcing $48 million to increase access to housing counseling services and strengthen the nation’s housing counseling workforce. Acting Secretary Adrianne Todman made…
FHFA: Uniform Appraisal Dataset Aggregate Statistics Expanded with New Measures and New Quarterly Data
he Federal Housing Finance Agency (FHFA) today published its 2024 second quarter data for the Uniform Appraisal Dataset (UAD) Aggregate Statistics and introduced new condominium data as part of the UAD Aggregate Statistics. This is the first publicly available data drawn from condominium appraisal records and complements the existing data for single-family homes. “Today’s release…