CFPB: Agency Kicks Off Rulemaking to Help Mitigate the Financial Consequences of Domestic Violence and Elder Abuse
Survivors of abuse financially suffer when their credit reports contain loans and accounts that they were forced into The Consumer Financial Protection Bureau (CFPB) launched a rulemaking to address the harmful effects of inaccurate credit reporting affecting survivors of domestic violence, elder abuse, and other forms of financial abuse. The agency is issuing an advance notice of…
CDFI Fund: Public Comments Sought on CDFI Bond Guarantee Program Materials
The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Pub. L. No. 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently,…
HUD: FEMA & HUD Partner to Increase Post-Disaster Housing Capabilities
On November 19th and 20th, the U.S. Department of Housing and Urban Development (HUD) and the Federal Emergency Management Agency (FEMA) held a summit to launch the Pre-Disaster Housing Initiative, which helps states develop plans to boost their post-disaster housing capabilities. During an eight-month period, both agencies will provide technical assistance and guidance to Kentucky,…
HUD: Foreclosure Moratoriums Extended in Areas Devastated by Hurricanes Helene and Milton
Moratoriums on foreclosures will remain in effect through April 11, 2025, to provide more relief to affected borrowers with Federal Housing Administration-insured Single Family mortgages. Today, the U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA) announced it is extending through April 11, 2025, its foreclosure moratoriums for FHA-insured Single Family Title II forward…
HUD: $1.3 Million Announced to Prevent Homelessness
Funding will support housing assistance for young adults transition out of foster care. Today, the U.S. Department of Housing and Urban Development (HUD) announced $1.3 million in funding for 21 Public Housing Agencies (PHAs) across 15 states for young adults under 25 years old who left foster care or are transitioning out of foster care….
CDFI Fund: Public Comments Sought on the Small Dollar Loan Program Application
The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the Community Development Financial Institutions Fund (CDFI Fund), U.S….
EDA: $3.3 Million Invested for Water and Wastewater Infrastructure Improvements to Support Industrial Development and Job Growth in Rice Lake, MN
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.3 million grant to the city of Rice Lake, Minnesota, for water and wastewater infrastructure improvements to boost industrial development and job growth in the region. This grant will help establish a new Minnesota Power service center in…
EDA: $700,375 Invested for Utility Infrastructure Improvements to Support Local Businesses in Sweet Home, OR
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $700,375 grant to the city of Sweet Home, Oregon, for utility infrastructure improvements to serve businesses in the region. This grant will provide for three power generators, providing uninterrupted service and water to businesses in a region recently impacted by winter storms….
Agencies Issue Statement on Elder Financial Exploitation
Five federal financial regulatory agencies, the Financial Crimes Enforcement Network (FinCEN), and state financial regulators issued a statement today to provide supervised institutions with examples of risk management and other practices that may be effective in combatting elder financial exploitation. Older adults who experience financial exploitation can lose their life savings and financial security and face other…
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…