CFPB posts 2017 final lists of rural and rural or underserved counties

(RECAP: The CFPB has posted its 2017 final lists of Rural and Rural or Underserved Counties on its website. The CFPB has previously posted lists of such counties for calendar years 2011-2016. The lists are relevant to exemptions in several CFPB mortgage rules, including the CFPB’s rule requiring creditors to establish escrow accounts for certain first-lien higher-priced mortgages.)

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Here's how Newport News is trying to woo millennials: a downtown urban waterfront

(RECAP: A Washington, D.C., architecture firm will pitch a plot to transform downtown Newport News anchored on a ferry pier, parks, new streetscapes and clusters of housing it is calling downtown villages. The thought is to woo millennials to an area now largely devoted to parking lots for the shipyard, a handful of government buildings and aging, often empty commercial buildings. The architects said their vision for downtown includes low-rise and mid-rise housing, stores, restaurants and bars, as well as space for artists and high tech startups to build up the area’s “unique industrial character.”)

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City considering flipping old naval center to assist homeless

(RECAP: City staff will pitch to Newport News City Council on Tuesday the thought of turning the Marine Reserve Center on Warwick Boulevard into the city’s first homeless day center. With council members’ approval, the city would submit a letter of interest to the U.S. Department of Health and Human Services to use the building as a place where those who are homeless can take showers, transition to stable housing and potentially seek out help from city agencies, according to City Manager Jim Bourey. The Marine Reserve Center, which has been vacant for about two and a half years, was placed on the Federal Register this August as a place that can be flipped to accommodate the homeless. It’s the only federal property in the state identified by HUD that is suitable to help the homeless.)

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