Nine national organizations are pledging to raise $37 million in grants and loans to provide "supportive housing" for homeless people and to work together in a new partnership to end homelessness.Approximately 250,000 individuals and as many as 30,000 families are believed to face long-term homelessness, according to the new Partnership to End Long-Term Homelessness. Supportive housing combines permanent housing with health, social, and employment services. "We encourage other foundations, corporations, and providers of national, state, and local levels join us and work together to put in place a solution to chronic homelessness," said Risa Lavizzo-Mourey, president of the Robert Wood Johnson Foundation. Other partners include Fannie Mae and its foundation, Deutsche Bank, The Conrad Hilton Foundation, The Rockefeller Foundation, and Melville Charitable Trust. The new partnership will also strive to increase public funding for supportive housing
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A federal judge in Texas dismissed the Consumer Financial Protection Bureau's medical debt rule and prohibited states from passing their own laws prohibiting medical debt on credit reports.
6h ago -
Dr. Mark Calabria takes on the additional role of chief statistician of the United States; retired Ally Bank executive Diane Morais has joined First Citizens Bancshares' board of directors; MainStreet Bank has promoted Alex Vari to chief financial officer; and more in this week's banking news roundup.
9h ago -
While refinances are behind the latest increases, the pace of purchase activity may be a stronger indicator of where the housing market sits.
11h ago -
The share of economists expecting a September rate reduction grew in the July Wolters Kluwer survey, but the October or later percentage also increased.
11h ago -
Rising home prices and softening sales offer a mixed view of a market that some say is shifting to favor buyers.
July 11 -
The notes are backed by home improvement installment loans originated by approved dealers in Foundation Finance Company's network.
July 11