U.S. Department of Housing and Urban Development (HUD) Secretary Julin Castro and U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced that communities may now apply to be designated a Promise Zone under the third and final round competition. Promise Zones are high-poverty communities where the federal government partners.
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The Evansville (IN) Promise Zone (PZ) is excited to announce its 3rd annual convening of the Federal Partners. The PZ designation calls the partners and stakeholders to action and to work collaboratively and strategically with community residents and local leaders to meet the challenges identified by the community.
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HUD Archives: OBAMA ADMINISTRATION ANNOUNCES COMPETITION TO. – OBAMA ADMINISTRATION ANNOUNCES COMPETITION TO DESIGNATE NEXT ROUND OF PROMISE ZONES. WASHINGTON – U.S. Department of Housing and Urban Development (HUD) Secretary Julin Castro joined U.S. Department of Agriculture Secretary Tom Vilsack, U.S. Department of Transportation Secretary Anthony Foxx, and Education Secretary Arne Duncan to announce a competition to designate a new round of Promise.
CFPB charges Stonebridge Title Services for RESPA violation CFPB fines title company for alleged RESPA violations – T he Consumer Financial Protection Bureau (CFPB) fined Stonebridge Title Services Inc., a New Jersey title company, $30,000 for allegedly paying illegal kickbacks for referrals in violation of RESPA. "Kickbacks drive up the costs of getting a mortgage and put law-abiding companies at a disadvantage," said CFPB Director Richard Cordray.
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On February 11, HUD announced that it will hold an "Industry Day" on its Performance-Based Contract Administration (PBCA) program contracting process on Friday, February 26, from 9:30 a.m. to 4:00 p.m. Eastern Time in Washington, DC, with satellite locations in San Francisco, Fort Worth, Chicago, Atlanta, and New York.
Promise Zone Mapping Tool This tool assists applicants to HUD’s promise zone initiative prepare data to submit with their 2013 application by allowing applicants to draw the exact location of the area they intend to serve. Qualified Census Tracts and Difficult development areas geographically- targeted areas for development in the LIHTC program.