FHFA: Input Requested on Application Process for Federal Home Loan Bank Affordable Housing Program
The Federal Housing Finance Agency (FHFA) today issued a Request for Input (RFI) on opportunities to improve the Federal Home Loan Banks’ (FHLBanks) processes for members and project sponsors to apply for Affordable Housing Program (AHP) funding. “FHFA’s efforts to streamline the AHP application process should improve the FHLBanks’ ability to provide much needed funding…
EDA: $3 Million Invested to Expand Workforce Training Opportunities in Pryor, OK
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to Oklahoma Ordnance Works Authority, Pryor, Oklahoma, to expand workforce training programs. This grant will support the construction of new classroom and laboratory space and the procurement of related equipment at the MidAmerica Center of…
EDA: $5.4 Million Invested to Support Workforce Development and Disaster Recovery in New Mexico
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $5.4 million in the state of New Mexico to support economic and workforce development following natural disasters in the state. The EDA investments announced today are: “President Biden is committed to ensuring all communities in New Mexico and across…
HUD: $10 Million in Grants Awarded to Combat the Homeownership Gap through Housing Counseling
Funding announced today will provide culturally sensitive and linguistically appropriate services for pre- and post-purchase housing counseling, helping Americans access affordable homes and boosting homeownership rates among historically underserved communities. Today, the U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling is announcing the award of $10 million in grant funding under…
EDA: $2.7 Million Invested to Support Business Growth in Perryton, TX
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.7 million grant to the city of Perryton, Texas, to support business growth following natural disasters in the region. This grant will create the Rebuild Perryton Incubator, converting an existing building into commercial space for local businesses impacted…
SBA: $30 Million in Grant Funding Announced for New Women’s Business Centers
Under the Biden-Harris Administration, SBA Has Expanded WBCs to Over 150 Nationwide in All 50 States, Washington, D.C., and Puerto Rico 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 33 million small businesses, announced four funding opportunities for Women’s Business…
EDA: $1.2 Million Invested for Road Infrastructure Improvements to Support Business Expansion in Wynne, AR
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the city of Wynne, Arkansas, for roadway infrastructure improvements needed to support business expansion in the region. This grant will construct a new road to alleviate traffic congestion, helping the community rebuild following natural…
HUD: $14.8 Million Transaction Closed to Build New Affordable Rental Homes in Chapel Hill, NC
Transaction supports the construction of 54 new affordable homes CHAPEL HILL – Today, the U.S. Department of Housing and Urban Development’s Office of Multifamily Housing Programs announced the recent completion of a Rental Assistance Demonstration (RAD) transaction with the Town of Chapel Hill Department of Housing. Through the transaction, the Town of Chapel Hill contracted with…
HUD: $123 Million Made Available to Address Youth Homelessness
Funding will provide new housing opportunities and improve community response systems to end youth homelessness. Today, the U.S. Department of Housing and Urban Development (HUD) awarded $51.1 million in Youth Homelessness System Improvement (YHSI) Grants to 38 communities across 26 states, Puerto Rico, and Guam. See list of awardees here. Additionally, HUD released a $72 million funding…
EDA: $6.6 Million Invested for Water Infrastructure Improvements to Support Job Growth in Halifax County, VA
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $6.6 million grant to Halifax County, Virginia, for water infrastructure improvements needed to support job growth and economic development. This grant will provide increased water service to the Virginia Motorsport Technology Park, creating jobs and opportunities in the…