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Archive: June 2023

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HUD

HUD Awards More Than $14.4 Million in Housing Counseling Grants

Awards will support efforts to expand housing services and counseling into underserved communities WASHINGTON - The U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling (OHC) is announcing today that it has awarded more than $14.4 million in housing counseling grant funding to 180 housing counseling organizations. The awards will support the comprehensive housing counseling services provided by grantees to homebuyers, homeowners, and renters, and will help to continue the important work that began in 2021 to reach deeper into underserved communities through partnerships between HUD-approved housing counseling agencies, Historically Black Colleges and Universities (HBCUs), and other Minority Serving Institutions (MSIs). Read all of HUD Awards More Than $14.4 Million in Housing Counseling Grants

HUD

HUD MAKES $2 MILLION IN FUNDING AVAILABLE TO SMALL COMMUNITIES THROUGH MAIN STREET PROGRAM

WASHINGTON - Today, the US Department of Housing and Urban Development (HUD) announced a Notice of Funding Opportunity (NOFO) of $2 million through the HOPE VI Main Street Program. This grant program provides assistance to communities looking to create affordable housing in central business districts (Main Street areas) that are undergoing redevelopment. HUD is looking to target Main Street areas in cities with this funding opportunity. Read all of HUD MAKES $2 MILLION IN FUNDING AVAILABLE TO SMALL COMMUNITIES THROUGH MAIN STREET PROGRAM

HUD

BIDEN-HARRIS ADMINISTRATION'S PAVE TASK FORCE ANNOUNCES NEW ACTIONS TO ADDRESS APPRAISAL BIAS

WASHINGTON - Today, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE), co-chaired by U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge and White House Domestic Policy Advisor Neera Tanden, announced a set of meaningful actions to deliver on the PAVE Action Plan and ensure that every American who buys a home has the same opportunities to build generational wealth through homeownership. These steps come two years since President Biden announced the creation of a first-of-its-kind interagency effort to root out bias in the home appraisal process – on the centennial of the Tulsa Race Massacre. Read all of BIDEN-HARRIS ADMINISTRATION'S PAVE TASK FORCE ANNOUNCES NEW ACTIONS TO ADDRESS APPRAISAL BIAS

Economy

What Debt Ceiling? And Who's Lying About The Jobs Report?

After dominating the news cycle for weeks, the debt ceiling issue is suddenly resolved and the bond market doesn't seem to care. The jobs report proved to be far more relevant, but with half of it indicating a much stronger labor market and the other half saying the opposite, who's telling the truth and why did rates only pay attention to the bad (good) news? Read all of What Debt Ceiling? And Who's Lying About The Jobs Report?