ABA: Foundation Launches 2024 Financial Education Campaigns and Continues Initiative to Reach 5 Million Americans
The American Bankers Association Foundation today launched its 2024 financial education campaigns, encouraging banks across the country and their more than two million employees to participate in these important industry efforts to help consumers improve their financial well-being. Today’s launch continues the ABA Foundation’s three-year, industry-wide commitment to reaching five million Americans with financial education…
HUD: $40 Million Funding Opportunity Announced to Expand Support Services for Seniors and Persons with Disabilities
Funding provides service coordinator staff that connect residents in affordable multifamily homes with vital resources The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced today that $40 million in funding is available to expand the supply of service coordinators who support seniors and persons with disabilities living in affordable…
FEMA: New Ad Campaign with the Ad Council Launched to Urge Older Adults to “Take Control” When It Comes to Emergency Preparedness
FEMA Ready Campaign Celebrates Its 20th Year Over the last few years, FEMA has designed campaigns to meet the needs of specific communities, and this year’s Ready campaign focuses on older adults, specifically those with limited financial resources, living with disabilities and those living in rural areas. As part of the FEMA Ready campaign’s goal…
HUD: FHA Proposes Update to Home Equity Conversion Mortgage Assignment Claims Eligiblity to Strengthen Market Liquidity
Proposal posted for feedback will ensure long-term program viability and expanded availability for senior homeowners. The Federal Housing Administration (FHA) today announced it has posted for industry feedback a proposed update to its Home Equity Conversion Mortgage (HECM) assignment claims eligibility policy. The proposal enables certain categories of due and payable HECMs that were previously ineligible for…
HUD: Agency Celebrates Opening of 76 New Affordable Senior Homes in Columbus, OH
HUD Assistant Secretary Julia Gordon highlights Biden-Harris Administration’s commitment to affordable rental housing at ribbon-cutting ceremony at Salem Village The U.S. Department of Housing and Urban Development’s (HUD) Assistant Secretary for Housing Julia R. Gordon today joined the leadership of National Church Residences, the largest nationwide non-profit organization providing affordable senior housing, and state and…
HUD: $160.1 Million in Grants Awarded to Create and Preserve Affordable Housing for Low-Income Seniors
Funding supports the creation and rehabilitation of affordable multifamily rental housing and project-based rental assistance to help provide independent living options for low-income seniors The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced today that it has awarded $160.1 million in grants to non-profit organizations across the country to…
ABA: Eight Banks Win 2023 Community Commitment Awards
The American Bankers Association Foundation today named eight banks as 2023 Community Commitment Award winners. The annual awards recognize banks for extraordinary corporate social responsibility efforts in seven specific categories ranging from affordable housing to economic inclusion. The winners will be recognized at ABA’s Annual Convention in Nashville, Tenn. on Oct. 10. The selection committee, made up of…
FEMA: New Disaster Preparedness Guide for Older Adults Introduced
This September marks the 20th annual National Preparedness Month, a time for everyone to recognize the importance of preparedness and take steps that protect themselves and their loved ones. As part of this year’s preparedness campaign that focuses on empowering older adults as they prepare for disasters, FEMA released the Disaster Preparedness Guide for Older Adults. The Disaster…
ABA: Foundation Joins FBI to Issue Guide for Banks to Prevent Elder Financial Exploitation
Guide offers tips and other information to help front-line bank staff detect and prevent elder financial exploitation In recognition of World Elder Abuse Awareness Day, the American Bankers Association Foundation and the Federal Bureau of Investigation today released a new guide with critically important tips and information to help bank employees detect and prevent elder financial…
FEMA: 2023 National Preparedness Month Theme Announced Focused on Helping Older Adults Prepare for Disaster
Months ahead of September’s National Preparedness Month, FEMA Administrator Deanne Criswell announced today that the Ready Campaign’s 2023 National Preparedness Month campaign will focus on preparing older adults for disaster, specifically older adults from communities that are disproportionally impacted by the all-hazard events, which continue to threaten the nation. The early announcement is designed to…