Investments & Funding

EDA: $947,200 Invested to Expand Healthcare Workforce Training in Brookings, SD

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $947,200 grant to South Dakota State University in Brookings, South Dakota, to bolster healthcare workforce development in the region. This grant will support the development of a state-of-the-art healthcare simulation center through the procurement of related equipment. This EDA investment will be…

EDA: $544,000 Invested to Bolster Small Manufacturing and Technology Sectors in Larimer County, CO

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $544,000 grant to the Warehouse Business Accelerator in Loveland, Colorado, to bolster the small manufacturing and technology sectors in Larimer County. This grant will provide additional funding opportunities for local entrepreneurs, improving economic diversification in an area impacted by recent wildfire activity. …

CDFI Fund: FY 2025 CDFI Program and NACA Program Application Round Opens

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2025 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: Nearly $137 Million in Grants Announced to Increase Affordable Housing and Supportive Services for Seniors and Disabled Persons

Funding supports the creation and repair of rental homes, provides rental assistance, and connects tenants with vital resources. The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced today it has awarded $97 million in grants to non-profit organizations to support new development or rehabilitation of affordable multifamily homes and…

HUD: $100 Million Awarded for Communities to Boost Housing Supply and Lower Housing Costs

HUD awards critical funds to cut the red tape and advance housing production Today, the U.S. Department of Housing and Urban Development (HUD) awards $100 million in grants to 18 winners benefitting communities across the 15 States to cut red tape, build more homes, and lower the costs of renting and buying a home. These…

EDA: Additional $210 Million in Tech Hub Grants Awarded

Additional funding for the Tech Hubs program was made possible through the bipartisan FY25 NDAA passed by Congress and signed into law by President Biden The U.S. Department of Commerce’s Economic Development Administration (EDA) announced today that it plans to award approximately $210 million in implementation grants, ranging between approximately $22 million and $48 million,…

EDA: $25 Million Awarded in Latest Installment of Good Jobs Challenge Funding to Strengthen Workforce Training Programs Across the Nation

New awards expand program that has trained and placed more than 12,000 American workers into good jobs Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding $25 million in Good Jobs Challenge program funding to eight grantees to support high-quality, locally-led workforce training programs that create a pathway for workers…

HUD: $72 Million Made Available to Address Youth Homelessness

Funding will support communities in developing housing focused solutions to prevent and end youth homelessness Today, the U.S. Department of Housing and Urban Development (HUD) is making $72 million in Youth Homelessness Demonstration Program (YHDP) funding available for up to 25 communities nationwide. This funding will be used for developing and implementing coordinated community approaches…

HUD: $150 Million Investment Toward Affordable Housing in Tribal Communities Announced

Funding to improve access to affordable housing across Indian Country, prioritizing new construction and housing rehabilitation  Today, the U.S. Department of Housing and Urban Development (HUD) announced $150 million in funding for new affordable and innovative housing in Tribal communities through the Indian Housing Block Grant (IHBG) Competitive Grant program. This funding will be awarded…

HUD: Over $60 Million Delivered to Build and Preserve Affordable Housing in Atlanta

Transaction supports the construction and rehabilitation of 282 affordable homes for low-income individuals and families. Today, the U.S. Department of Housing and Urban Development announced the completion of a $60.2 million Rental Assistance Demonstration (RAD) transaction with the Housing Authority of the City of Atlanta to expand affordable housing options for low-income individuals and families…