HUD: Over $30 Million Awarded to Connect Public Housing Residents to Employment and Education to Help Bridge the Wealth Gap
Awards will go to Public Housing Agencies and will help increase economic mobility to families across the country. The U.S. Department of Housing and Urban Development (HUD) today awarded over $30 million to 14 Public Housing Agencies (PHAs) in 12 states to help families increase their earned income and improve their economic mobility through the…
HUD: New Resources and Research Launched to Support LGBTQI+ Americans During Pride Month
HUD released a new website and research that will enhance data collection, identify barriers, and help LGBTQI+ people find housing assistance. During this Pride Month, the U.S. Department of Housing and Urban Development (HUD) took action to protect LGBTQI+ Americans, taking crucial steps to uplift resources and best practices for housing providers, so no one must…
HUD: $10 Million in Grants Awarded to Combat the Homeownership Gap through Housing Counseling
Funding announced today will provide culturally sensitive and linguistically appropriate services for pre- and post-purchase housing counseling, helping Americans access affordable homes and boosting homeownership rates among historically underserved communities. Today, the U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling is announcing the award of $10 million in grant funding under…
SBA: $30 Million in Grant Funding Announced for New Women’s Business Centers
Under the Biden-Harris Administration, SBA Has Expanded WBCs to Over 150 Nationwide in All 50 States, Washington, D.C., and Puerto Rico 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 33 million small businesses, announced four funding opportunities for Women’s Business…
HUD: $44 Million Invested to Transform Residents’ Lives
HUD’s programs will be used to equip residents with the tools and resources they need to achieve financial stability, lower housing costs, and build generational wealth. The U.S. Department of Housing and Urban Development (HUD) today announced $44 million in Fiscal Year (FY) 2023 funding through the Family Self Sufficiency (FSS) Program and the Resident…
OCC: Project REACh 2.0 Launched
The Office of the Comptroller of the Currency (OCC) today announced the launch of REACh 2.0 at its Project REACh Financial Inclusion Summit. Project REACh, the Roundtable for Economic Access and Change, brings together leaders from the banking industry, national civil rights organizations, business, and technology to identify and reduce barriers that prevent full, equal,…
FDIC: Advisory Committee on Economic Inclusion to Meet June 4th
Two New Members also Announced The Federal Deposit Insurance Corporation (FDIC) Advisory Committee on Economic Inclusion (ComE-IN) will meet on Tuesday, June 4, 2024, to discuss updates from Committee members about key challenges facing their communities and organizations. Panel presentations will discuss enhancing deposit insurance awareness, insights from our research about Volunteer Income Tax Assistance…
HUD: $5 Million Made Available for Historically Black Colleges and Universities to Conduct Housing and Community Development Research
The U.S. Department of Housing and Urban Development (HUD) released a $5 million notice of funding opportunity (NOFO) to fund research at one or more Research Centers of Excellence at Historically Black Colleges and Universities (HBCUs). The funded Centers will conduct research projects on topics of strategic interest to HUD and produce research that provides evidence-based solutions…
HUD: Nearly $40 Million Awarded to Expand Housing Counseling for Underserved Communities
Vice President Harris and Acting Secretary Todman announced this funding, which will help to bridge the racial homeownership gap and foster the next generation of homeowners. Today, Vice President Kamala Harris and HUD Acting Secretary Adrianne Todman announced that the Biden-Harris Administration is awarding nearly $40 million to expand comprehensive housing counseling services for homebuyers,…
Census Bureau: New Research Data Product Released to Track Income Mobility and Volatility
The U.S. Census Bureau today released a new research data product, Mobility, Opportunity, and Volatility Statistics (MOVS), that shows detailed income and household statistics over time and includes demographic characteristics such as race and ethnicity. MOVS uses linked demographic and tax records on the population of U.S. working-age adults and tracks the progress of incomes, providing new…