EDA: $2.8 Million in CARES Act Recovery Assistance Invested to Support Economic Growth and Resiliency Efforts in Missouri
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $2.8 Million in CARES Act Recovery Assistance grants to help the state of Missouri prevent, prepare for, and respond to coronavirus. “EDA is committed to helping communities across the nation implement strategies to mitigate economic hardships brought on by the coronavirus pandemic,” said…
EDA: $2.4 Million in CARES Act Recovery Assistance to Expand Manufacturing Skills Programs at Alpena Community College in Michigan
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $2.4 million CARES Act Recovery Assistance grant to Alpena Community College, Alpena, Michigan, to renovate space on campus to create an advanced manufacturing lab and an updated welding shop. This EDA grant, to be matched with $600,000 in local investment, is expected…
EDA: $2.4 Million in CARES Act Recovery Assistance Invested to Establish a Revolving Loan Fund to Serve Businesses in Northwest Ohio
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $2.4 million CARES Act Recovery Assistance grant to the Toledo-Lucas County Port Authority, Toledo, Ohio, to create a Revolving Loan Fund (RLF) that will provide critical gap financing to coronavirus-impacted small businesses in Lucas, Ottawa and Wood counties. This EDA grant, to…
EDA: $2 Million in CARES Act Recovery Assistance Invested to Boost Telehealth Workforce Training Efforts at Des Moines University in Iowa
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to Des Moines University Osteopathic Medicine Center, Des Moines, Iowa, to purchase equipment for the university’s planned state-of-the-art telehealth training center. This EDA grant, to be matched with $2.1 million in local investment, is expected…
EDA: $2 Million in CARES Act Recovery Assistance Invested to Support Businesses by Improving Lee Boulevard in Lawton, OK
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to the city of Lawton, Oklahoma, to make roadway improvements to Lee Boulevard to improve access to the Lawton Industrial Park, Great Plains Technology Institute, and Southwest Medical Center. The EDA grant, to be matched…
EDA: $1.2 Million in CARES Act Recovery Assistance Invested to Capitalize Revolving Loan Fund to Serve Businesses in Southwest Montana
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $1.2 million CARES Act Recovery Assistance grant to the Northern Rocky Mountain Economic Development District, Bozeman, Montana, to capitalize and administer a Revolving Loan Fund (RLF) that will provide critical gap financing to businesses adversely affected by the coronavirus pandemic in Gallatin…
CDFI Fund: FY 2021 CDFI Program and NACA Program Application Round Opened
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2021 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) today. The awards from these programs will support Community Development Financial Institutions (CDFIs) that provide affordable financing…
HUD: $38.8 Million in Loan Guarantee Assistance Announced for the District of Columbia for Affordable Housing Projects
Funds will support and preserve affordable housing in the Washington, DC area The U.S. Department of Housing and Urban Development (HUD) today announced that the Department of Housing and Community Development (DHCD) in Washington, DC will receive a $38.8 million loan guaranteed by HUD to fund a variety of affordable housing rehabilitation projects that will…
HUD: Extensions and Expansion of COVID-19 Homeowner Relief and Home Retention Measures Announced
Extensions and expansions support the immediate and ongoing needs of homeowners who are experiencing economic impacts related to the COVID-19 pandemic. To provide urgent economic relief to homeowners impacted by COVID-19, today the U.S. Department of Housing and Urban Development (HUD) announced extensions of the Federal Housing Administration’s (FHA) foreclosure and eviction moratoriums, as well…
FHFA: Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions Released
The Federal Housing Finance Agency (FHFA) today released the 2021 Scorecard for Fannie Mae, Freddie Mac (the Enterprises), and Common Securitization Solutions. The 2021 Scorecard aligns the 2019 Strategic Plan with the Enterprises’ tactical priorities and operations, serving as an essential tool to hold the Enterprises accountable. “The 2021 Scorecard will ensure that Fannie Mae,…