On Dec. 27, President Trump signed H.R. 133, the Consolidated Appropriations Act, 2021, which includes the $1.4 trillion fiscal year (FY) 2021 omnibus appropriations, COVID-19 relief, and a set of tax provisions addressing tax extenders and... Read more
No timeline has been given yet, but three longtime Gary Housing Authority complexes are targeted for demolition with an $8.66 million grant from the U.S. Department of Housing and Urban Development.
The GHA was one of three public housing... Read more
President Donald Trump accused Joe Biden during the 2020 campaign of seeking to “destroy the beautiful suburbs” by supporting a sweeping Obama-era fair housing rule that Trump had scrapped.
Now, with Biden planning to reinstate the rule,... Read more
The NCALL Loan Fund was selected to receive a capital grant of $557,000 by the Community Development Financial Institutions Fund, a program of the U.S. Department of the Treasury.
Mission-driven CDFIs such as the loan fund use the capital... Read more
The Public Corporation for the Supervision and Insurance of Puerto Rico Cooperatives (COSSEC, in Spanish) confirmed that local credit unions will be able to access some $3 billion in budgetary allocations included in the new federal economic... Read more
President-elect Joe Biden has selected Rep. Marcia Fudge to lead the Department of Housing and Urban Development, according to two people with knowledge of the decision.
The offer to lead the roughly $50 billion housing agency comes after... Read more
CDFI Fund Releases Application Demand for CY 2020 Round of the NMTC Program
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that it received 208... Read more
NEW YORK CITY (WABC) -- Mayor Bill de Blasio and NYC Department of Small Business Services Commissioner Jonnel Doris on Wednesday announced three financial assistance programs available for small businesses in low-to-moderate income neighborhoods... Read more
Now more than ever, foundations, philanthropic organizations and banks are talking about economic, racial and social justice. Considering that inequity is baked into our institutional practices and norms, it’s a welcome shift in the conversation... Read more
Amazon donates to housing fund
One of Tennessee's fastest-growing employers is donating $2.25 million to help financially struggling homeowners in facing housing insecurity challenges this year from tornado recovery, job... Read more