July 18, 2017
Tuesday’s Regulatory & Legislative Roundup
- The United States Department of Housing and Urban Development (HUD), allocated two billion dollars to aid in the country’s homelessness. Continuum of Care (CoC) Homeless Assistance Program funds this program for many displaced families and individuals. The goal with the program is to ensure permanent housing for all.
- The House Appropriations Committee passed the “fiscal year 2018 Financial Services and General Government Appropriations bill.” The amended bill overrides a portion of the Second Circuit decision Madden v. Midland Funding. Further, the bill reforms the role of the Consumer Financial Protection Bureau such as removing the agency’s UDAAP authority.
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