HUD: FHA Facilitates Financing for New Hospital in Indian Land, SC
$251.2 million FHA-insured supplemental mortgage delivers capital for Medical University of South Carolina (MUSC) to offer new access to quality acute care hospital services for residents in Northern Lancaster County, SC. Today, the U.S. Department of Housing and Urban Development’s Federal Housing Administration (FHA) announced that it has recently closed a transaction to insure a…
HUD: Crime Hotline Announced to Keep Americans Safe in HUD-Funded Housing
Hotline will address crime in real time, builds on commitment to uphold President Trump’s Executive Orders Housing and Urban Development (HUD) Secretary Scott Turner announced a hotline for Americans to report crime tips and criminal activity in HUD-funded housing. The hotline will help to rid HUD-funded housing of gang and drug activity, illegal aliens, sex…
ABA: Foundation Announces 2025 Community Commitment Award Winners
The American Bankers Association Foundation today announced the recipients of its 2025 ABA Foundation Community Commitment Awards. The prestigious annual awards recognize banks for extraordinary service to their local communities in seven specific categories ranging from affordable housing to serving military families. The winners will be recognized at ABA’s Annual Convention in Charlotte, N.C. on Oct. 21. The…
ABA: Foundation Honors Montana Banker Jennell Huff with George Bailey Distinguished Service Award
he American Bankers Association Foundation today announced that Jennell Huff, CRA/community outreach coordinator at Bank of the Rockies in Clyde Park, Montana has been awarded the 2025 George Bailey Distinguished Service Award. This national award recognizes a non-CEO bank employee who demonstrates outstanding service to their community. Huff will be honored at ABA’s Annual Convention in Charlotte,…
HUD: Secretary Turner Halts Enforcement Actions of HUD’s Gender Identity Rule
Secretary Turner issued an order directing the U.S. Department of Housing and Urban Development (HUD) to halt any pending or future enforcement actions related to HUD’s 2016 rule entitled “Equal Access in Accordance With an Individual’s Gender Identity in Community Planning and Development Programs.” Secretary Turner’s action will ensure housing programs, shelters and other HUD-funded providers offer…
HUD: Nearly $3.6 Billion in Homelessness Assistance Funding Awarded to Communities Nationwide
Grant awards represent the largest amount of annual federal funding provided through HUD’s Continuum of Care program in history. Today, the U.S. Department of Housing and Urban Development (HUD) announced nearly $3.6 billion in Continuum of Care (CoC) program awards for nearly 7,000 projects that provide housing assistance and supportive services to people experiencing homelessness,…
SBA: More Than $26 Million Granted to Create 13 New Women’s Business Centers Nationally
Funding Establishes First WBC in the U.S. Virgin Islands, Adds Support for 17 Existing WBCs and Specific Grants for Childcare Enterprises and Government Contracting 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, awarded $26.25 million to create 13…
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…
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: Call for Community and Economic Development Practitioners to Serve as CDFI Application Reviewers
The Community Development Financial Institutions Fund (CDFI Fund) is issuing a call for well-qualified persons to serve as application reviewers for the calendar year (CY) 2024-2025 round of the New Markets Tax Credit Program (NMTC Program). The CDFI Fund has contracted with Areeva Solutions to recruit reviewers. Recruitment will be conducted by Areeva Solutions on a…