Last week, a coalition of state attorneys general and the Obama administration announced a $25 billion settlement with five of the largest banks – Bank of America, JPMorgan Chase, Wells Fargo, Citigroup, and Ally Financial – that addresses robo-signing and mortgage servicing abuses that contributed to the foreclosure crisis. “We appreciate the diligent actions taken by state attorneys general and the administration to provide a much-needed lifeline for the most vulnerable homeowners,” stated Lisa Hasegawa, Executive Director of the National Coalition for Asian Pacific American Community Development (National CAPACD).
The City of Miami was recently informed that its federal funding for the coming year (12-13) towards public services and economic development activities will be cut dramatically – approximately 34 percent – due to a formula data change used to direct these federal grants, known as Community Development Block Grants (CDBG), towards metropolitan cities, urban counties and states across the country. The City of Miami’s CDBG cut amounts to approximately $2.5 million effective April 1, 2012, all of it being monies the federal government provides via the U.S. Department of Housing & Urban Development (HUD) to assist low-income residents and neighborhoods.
The Miami-Dade Department of Emergency Management is issuing flood safety reminders in expectation of the heavy rainfall and flooding possible for Tuesday and Wednesday. The National Weather Service is forecasting a two day average of five to eight inches of rain for the southeast Florida metropolitan area. The extremely high atmospheric moisture said to be the cause of the potential rainfall is tied to an area of disturbed weather in the Caribbean Sea. The forecast calls for the system to produce as much as three inches of rain as early as 8:00 am Tuesday morning with another two to three inches possible on Wednesday.
Miami Dade College (MDC), in collaboration with the Miami Downtown Development Authority, will present DWNTWN…Epicenter of the Americas, a lecture by Richard Florida, college professor and an international best-selling author at 9 a.m. Tuesday, Feb. 28 at the Wolfson Campus in downtown Miami. In addition to being a successful author, Florida is also a professor at University of Toronto’s Rotman School of Management, and senior editor of The Atlantic. During the lecture, Florida will apply ideas from his books, Rise of the Creative Class and The Great Reset, to gauge how the city of Miami can realize its vision of becoming the epicenter of the Americas. A book-signing will take place immediately following the lecture, and Florida’s books will be available for purchase. What: DWNTWN Miami…Epicenter of the Americas lecture by Richard Florida When: Tuesday, Feb. 28, 2012, 9-11 a.m. Where: Miami Dade College Wolfson Campus             300 NE Second Ave.             Building 1, Room 1261 (Auditorium)
Black History Month celebrations continue at Miami-Dade Public Libraries! Meet Javaka Steptoe, author, artist, designer and illustrator who will share his story – In Daddy’s Arms –on Tuesday, February 21, 10:30 a.m. at the Arcola Lakes Branch and at 5:30 p.m. at the California Club Branch. On Wednesday, February 22, get a lesson in everything jazz! The workshop will be held at the Kendale Lakes Branch at 3:30 p.m. and at the South Dade Regional Library at 7:30 p.m. Enjoy an African sculpture and textile art display and a discussion with its collector Vilma Garabaghi on Sunday, February 25, 11 a.m. at the North Central Branch and on Tuesday, February 28, 7 p.m. at the South Miami Branch.