The U.S. Department of Housing and Urban Development has announced funding will go to 1,200 communities through 2,400 grants to support the needs of families and individuals.
Read More »HUD Awards Nearly $25M to Provide More Affordable Housing
HUD has announced a grant that will help provide permanent affordable housing to non-elderly persons with disabilities, helping them live independently as self-sufficient members of their communities.
Read More »HUD Invests in Small Distressed Communities
HUD has awarded $6 million to the Local Initiatives Support Corporation to provide technical assistance to small distressed communities. Here’s what the grant entails.
Read More »The Yeas and Nays on Housing Legislation
A rent-control proposal that was part of three housing-related legislation that voters across California were voting on was rejected by the residents of the Golden State. Here’s why this proposal elicited strong reactions for and against it.
Read More »OCC Seeks Stakeholder Comments on CRA Regulations
By amending some of the regulations in the CRA, the OCC plans to help banks reach out to low- and middle-income communities.
Read More »How Banks Meet Community Needs
The Community Reinvestment Act (CRA) is headed for changes by The Treasury and will relook at reinvestments of banks towards supporting community needs through initiatives such as fair mortgage lending, affordable housing development, small business lending, and similar activities. In ...
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