FHFA: 2018-2020 Housing Goals for Fannie Mae and Freddie Mac Finalized
The Federal Housing Finance Agency (FHFA) today published a final rule that establishes new housing goals for Fannie Mae and Freddie Mac (the Enterprises) for 2018 through 2020 in accordance with the provisions of the Housing and Economic Recovery Act of 2008. The new goals replace the previous goals, which were in effect through the…
SBA: Emerging Leaders Initiative to Help Growing Entrepreneurs Opens for Recruitment
The U.S. Small Business Administration announced the launch of the 2018 Emerging Leaders initiative for executives of small businesses poised for growth in emerging markets. Local area recruitment for the 2018 training cycle is currently ongoing at designated SBA District Offices. Classes are scheduled to begin this spring with specific dates differing by location. Interested…
OCC: Inaugural Listening Session and Innovation Office Hours Announced for Chicago
The Office of the Comptroller of the Currency (OCC) today announced the date and location for its upcoming Innovation Office Hours and inaugural Listening Session. Office Hours are one-on-one meetings with OCC officials to discuss financial technology, new products or services, partnering with a bank or fintech company, or other matters related to financial innovation….
HUD: $243 Million in Grants Awarded to Help U.S. Virgin Islands Recover from Hurricanes
The U.S. Department of Housing and Urban Development (HUD) today awarded $242.7 million to help the U.S. Virgin Islands to recover from Hurricanes Irma and Maria. HUD’s Deputy Secretary Pamela Hughes Patenaude announced the disaster recovery grants with Governor Kenneth E. Mapp during a tour of damaged homes in St. Thomas. These recovery funds awarded…
FHFA: Deadline Extended to March 30th for Request for Input on Fannie Mae and Freddie Mac Credit Score Requirements
The Federal Housing Finance Agency (FHFA) today announced that it will extend, from February 20, 2018 to March 30, 2018, the deadline for interested parties to provide input on potential changes to the credit score requirements of Fannie Mae and Freddie Mac (the Enterprises). FHFA is seeking input on all aspects of a potential change…
SBA: Proposed Rule Issued to Move Veteran-Owned Small Business Verification Program to SBA
Department of Veterans Affairs issues proposed rule to move to the Small Business Administration regulations relating to business ownership and control for the purposes of its Veteran-Owned Small Business Verification Program and to clarify other terms and references used in this program. The Department of Veterans Affairs (VA) is proposing to amend its regulations governing…
FEMA: More Than $1 Billion in Grants Awarded to Survivors in Puerto Rico
GUAYNABO, Puerto Rico – As Puerto Rico progresses from response to recovery, FEMA and the government of Puerto Rico continue to support the needs of survivors; so far FEMA has approved more than $1 billion in grants to Hurricanes Irma and María survivors. More than 3,000 federal employees, including 1,500 local hires, are supporting the…
FEMA: Statement on Provision of Commodities in Puerto Rico
GUAYNABO, Puerto Rico – FEMA and the Government of Puerto Rico are not stopping the provision of commodities in Puerto Rico. FEMA and the Government of Puerto Rico will continue to provide commodities to voluntary organizations and local officials who have a need for resources in their communities. There was never, and is not now,…
HUD: $1.5 Billion Awarded to Help Puerto Rico Recover from Hurricanes Irma and Maria
Disaster recovery funds to help repair damaged housing and businesses WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today awarded more than $1.5 billion to help Puerto Rico to recover from Hurricanes Irma and Maria. HUD’s Deputy Secretary Pamela Hughes Patenaude announced the disaster recovery grants with Governor Ricardo Rosselló during her…