Census Bureau: New American Community Survey Statistics for States and Local Areas
The U.S. Census Bureau today released its most detailed look at America’s people, places and economy with new statistics on income, poverty, health insurance and more than 40 other topics from the American Community Survey. Many states saw an increase in income and a decrease in poverty rates between 2015 and 2016. During that same…
Census Bureau: Income, Poverty and Health Insurance Coverage in the U.S. 2016
The U.S. Census Bureau announced today that real median household income increased by 3.2 percent between 2015 and 2016, while the official poverty rate decreased 0.8 percentage points. At the same time, the percentage of people without health insurance coverage decreased. Median household income in the United States in 2016 was $59,039, an increase in…
CFPB: Use an Ordinary Trip to the Grocery Store to Explain Finances to your Kid as you go
We all know our kids are always watching and learning (even when we wish they weren’t). This applies to the way you use and manage money as well. Every day, you make decisions about money that might not be visible to your kids. For example, they may not know that you set a budget for…
CDFI Fund: More than $18.6 Million in Bank Enterprise Awards Announced for Investment in Low-Income Communities
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced more than $18.6 million in awards to 102 FDIC-insured financial institutions serving economically distressed communities across the nation. These funds, awarded under the fiscal year (FY) 2016 round of the Bank Enterprise Award Program (BEA Program), will support community and…
Census Bureau: Upcoming Online News Conference to Announce Report Findings on Poverty, Income and Health Insurance
What: The U.S. Census Bureau will hold an online news conference to announce the findings from three reports: Income and Poverty in the United States: 2016, Health Insurance Coverage in the United States: 2016, and The Supplemental Poverty Measure: 2016. The income and poverty report provides national-level statistics from the Current Population Survey Annual Social…
CFPB: Too Many Student Loan Borrowers Struggling, Not Enough Benefitting from Affordable Repayment Options
For five years, we’ve heard from borrowers like you about the problems you encounter when repaying student debt, particularly when you run into trouble and need help finding a way to make ends meet. Today, we released a new report showing how student loan repayment has changed over the last 15 years. In our report,…
HUD: “Worst Case Housing Needs” Increased in 2015
8.3 million households paid more than half their income for rent or lived in substandard housing WASHINGTON – The number of very poor unsubsidized families struggling to pay their monthly rent and who may also be living in substandard housing increased between 2013 and 2015, according to a new report released today by the U.S….
Census Bureau: Release Schedule for Income, Poverty and Health Insurance Statistics
New Language Tables Released JULY 31, 2017 — The U.S. Census Bureau schedule for the release of the 2016 income, poverty and health insurance coverage statistics from the Annual Social and Economic Supplement to the Current Population Survey and the 2016 American Community Survey is as follows: Tuesday, Sept. 12, 2017 (no embargo) National 2016…
FHFA: 2018-2020 Housing Goals for Fannie Mae and Freddie Mac Proposed
Washington, D.C. – In accordance with the provisions of the Housing and Economic Recovery Act of 2008, the Federal Housing Finance Agency (FHFA) today proposed a rule that would establish new housing goals for Fannie Mae and Freddie Mac (the Enterprises) for 2018 through 2020. FHFA is requesting comment on the proposed rule. When finalized,…