Investments & Funding

HUD: $4 Million in DEI Contracts Canceled

Today, HUD Secretary Scott Turner cancelled $4 million in contracts promoting “diversity, equity, and inclusion” (DEI). This savings for the American taxpayer was found by the HUD DOGE Task Force and is part of the department’s larger $260 million review of all contract expenditures. The terminated contracts were intended for “DEI culture transformation,” including outward mindset…

CDFI Fund: FY 2025 Housing Production-Financial Assistance (HP-FA) Application Now Available

As part of the fiscal year (FY) 2025 Application round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) that opened on January 16, 2025, the Community Development Financial Institutions Fund (CDFI Fund) is inviting Applicants to compete for approximately $100 million in Housing Production-Financial Assistance (HP-FA) Awards. …

CDFI Fund: Important Reminders for FY 2025 CDFI Program and NACA Program Round Applicants

As a reminder for fiscal year (FY) 2025 Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) Applicants, the deadline for online submission of the SF-424 through Grants.gov for this year’s CDFI Program and NACA Program funding rounds is February 18, 2025 at 11:59 p.m. ET. Applicants must also have created…

CDFI Fund: Important Reminders for FY 2025 CDFI Program and NACA Program Round Applicants

The Community Development Financial Institutions Fund (CDFI Fund) will host the following webinars for fiscal year (FY) 2025 Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) Round Applicants: Additionally, a Matching Funds Webinar Workshop for CDFI Program Financial Assistance Applicants will be held on February 27, 2025. The CDFI Fund will…

CDFI Fund: Electronic Application Now Available for FY 2025 CDFI Program and NACA Program Applicants

The electronic Application for the fiscal year (FY) 2025 round of the Community Development Financial Institution Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) is now available in the Community Development Financial Institutions Fund’s (CDFI Fund’s) Awards Management Information System (AMIS). Reference copies of the NOFAs and all Application materials can be found…

HUD: Nearly $3.6 Billion in Homelessness Assistance Funding Awarded to Communities Nationwide

Grant awards represent the largest amount of annual federal funding provided through HUD’s Continuum of Care program in history.  Today, the U.S. Department of Housing and Urban Development (HUD) announced nearly $3.6 billion in Continuum of Care (CoC) program awards for nearly 7,000 projects that provide housing assistance and supportive services to people experiencing homelessness,…

SBA: More Than $26 Million Granted to Create 13 New Women’s Business Centers Nationally

Funding Establishes First WBC in the U.S. Virgin Islands, Adds Support for 17 Existing WBCs and Specific Grants for Childcare Enterprises and Government Contracting Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, awarded $26.25 million to create 13…

EDA: $10.5 Million Invested for Infrastructure Improvements to Support Business Growth in Montana

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $10.5 million in the state of Montana to support roadway and wastewater infrastructure improvements. The EDA investments announced today are: “The Biden-Harris Administration is committed to ensuring that all communities in Montana and across the country have the resources…

EDA: $6.2 Million Invested to Support Forestry and Construction Industry Workforce Development in Kansas

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $6.2 million in the state of Kansas to support forestry and construction industry workforce development. The EDA investments announced today are: “The Biden-Harris Administration’s Investing in America agenda is growing jobs, building a sustainable workforce, and creating opportunities for…

EDA: $4.2 Million Invested to Advance Indigenous Forestry Resource Industrial Development in Port Angeles, WA

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $4.2 million grant to the Clallam County Economic Development Council in Port Angeles, Washington, to advance indigenous forestry resource industrial development in the region. This grant will fund the implementation of a regional program to bolster economic capacity…