HUD: Nearly $137 Million in Grants Announced to Increase Affordable Housing and Supportive Services for Seniors and Disabled Persons
Funding supports the creation and repair of rental homes, provides rental assistance, and connects tenants with vital resources. The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced today it has awarded $97 million in grants to non-profit organizations to support new development or rehabilitation of affordable multifamily homes and…
FEMA: National Preparedness Report Highlights Mass Care Services, Public Information and Warning, Infrastructure Systems, and Cybersecurity for a Resilient Nation
FEMA has released a report providing an overview of the nation’s current disaster risk and capability landscape. The 13th annual National Preparedness Report (NPR) outlines progress toward achieving the national preparedness goal of a secure and resilient country. It highlights the nation’s preparedness across all sectors and levels of government for events ranging from extreme weather…
Census Bureau: New Veteran Employment Outcomes Data Released
The U.S. Census Bureau today released an expanded version of Veteran Employment Outcomes (VEO), an experimental data product showing earnings and employment outcomes for veterans of the U.S. armed forces. Launched in 2020, VEO initially covered labor market outcomes for U.S. Army veterans. The update expands VEO coverage to also include data on Navy, Air Force,…
HUD: $100 Million Awarded for Communities to Boost Housing Supply and Lower Housing Costs
HUD awards critical funds to cut the red tape and advance housing production Today, the U.S. Department of Housing and Urban Development (HUD) awards $100 million in grants to 18 winners benefitting communities across the 15 States to cut red tape, build more homes, and lower the costs of renting and buying a home. These…
Federal and State Financial Regulatory Agencies Issue Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by the California Wildfires and Straight-Line Winds
The California Department of Financial Protection and Innovation, the Federal Deposit Insurance Corporation, the Federal Reserve Board, the National Credit Union Administration, and the Office of the Comptroller of the Currency, collectively the agencies, recognize the serious impact of the California wildfires and straight-line winds on the customers and operations of many financial institutions and…
FHFA: Final Rule Announced Expanding Access to Liquidity for the Federal Home Loan Bank System
The Agency is modifying the treatment of certain types of unsecured credit to better enable the FHLBanks to respond to their members’ liquidity needs. The Federal Housing Finance Agency (FHFA) published a final rule today designed to improve access to liquidity for the Federal Home Loan Bank (FHLBank) System by adjusting the treatment of certain…
EDA: Additional $210 Million in Tech Hub Grants Awarded
Additional funding for the Tech Hubs program was made possible through the bipartisan FY25 NDAA passed by Congress and signed into law by President Biden The U.S. Department of Commerce’s Economic Development Administration (EDA) announced today that it plans to award approximately $210 million in implementation grants, ranging between approximately $22 million and $48 million,…
EDA: $25 Million Awarded in Latest Installment of Good Jobs Challenge Funding to Strengthen Workforce Training Programs Across the Nation
New awards expand program that has trained and placed more than 12,000 American workers into good jobs Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding $25 million in Good Jobs Challenge program funding to eight grantees to support high-quality, locally-led workforce training programs that create a pathway for workers…
ABA: Key Policy Priorities Unveiled in Newly Released 2025 Blueprint for Growth
With the pending change in administration and the start of the 119th Congress, the American Bankers Association today released its 2025 Blueprint for Growth outlining ABA’s top policy priorities for 2025. As the voice of the nation’s banking industry, and the only trade association representing banks of all sizes, charters and business models, the Blueprint for Growth…
FEMA: President Biden Approves Major Disaster Declaration for South Carolina
FEMA announced that federal disaster assistance is available to the state of South Carolina to supplement recovery efforts in the areas affected by severe storms and flooding from Nov. 6-14, 2024. Public Assistance federal funding is available to state, tribal and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergency…