Investments & Funding

SBA: $9 Million in Grants Awarded to 49 Organizations Across America to Help Underserved Communities Access Development Funding and Innovative Research

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, announced that the SBA has issued 49 grants up to $200,000 each to organizations supporting startups through specialized training, mentoring, and technical assistance under the Federal and State Technology (FAST) Partnership Program. “FAST…

HUD: $5 Million Awarded to HBCUs to Conduct Housing and Community Development Research

Winston-Salem State University and Tennessee State University will launch research centers to study housing and community development challenges and opportunities in underserved areas Today, the U.S. Department of Housing and Urban Development (HUD) awarded $5 million to Winston-Salem State University and Tennessee State University to establish Research Centers of Excellence. HUD’s Research Centers of Excellence…

HUD: More Than $279 Million in New Housing Investments Announced

New awards will support climate resilience and energy efficiency renovations. The U.S. Department of Housing and Urban Development (HUD) today announced nearly $279 million in awards to properties across 23 states and territories under its Green and Resilient Retrofit Program (GRRP) to support significant energy efficiency and climate resilience renovations of more than 3,500 homes. These Comprehensive grants…

HUD: Over $1.1 Million Invested to Modernize Senior Housing in Baltimore

Two recently closed transactions will fund repairs and energy efficiency and climate resilience improvements. Today, the U.S. Department of Housing and Urban Development’s (HUD) announced the closing of two transactions, totaling $1.1 million, to help finance repairs and energy efficiency and climate resilience improvements at two multifamily properties in Baltimore, Maryland, home to 143 seniors….

HUD: More Than $22 Million Announced to Combat Housing Discrimination in America

Grants will support fair housing education, outreach, testing, and enforcement activities to end racial discrimination in America’s housing system. The U.S. Department of Housing and Urban Development (HUD) today announced the availability of $22,241,793 to fair housing organizations across the nation to bolster ongoing efforts to address housing discrimination. Funds announced today through HUD’s Fair…

EDA: Additional $5 Million Invested to Support Indigenous Communities through Existing Public Works and Economic Adjustment Assistance Funding Opportunities

 Today, the U.S. Economic Development Administration (EDA) announced an update to the FY 2023 EDA Public Works and Economic Adjustment Assistance Program (PWEAA) funding opportunity, including an addendum to provide $5 million for indigenous communities.  The additional funding expands on the transformational work of the American Rescue Plan Act’s (ARPA) Assistance to Indigenous Communities (AIC) program and EDA’s…

EDA: $15.7 Million Invested to Boost Workforce Development and Make Infrastructure Improvements in Florida

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $15.7 million in the state of Florida to boost workforce development efforts and make infrastructure improvements to bolster economic opportunity in the region. The EDA investments announced today are: “The Biden-Harris Administration’s Investing in America Agenda is ensuring that…

EDA: $9 Million Invested to Support the Automotive Manufacturing Sector and Promote Small Business Development in Kentucky

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $9 million in the state of Kentucky to boost the automotive manufacturing sector and promote small business development in the region. The EDA investments announced today are: “The Biden-Harris Administration’s Investing in America agenda is ensuring that all communities…

EDA: $5.3 Million Invested for Building Renovations to Support Workforce Development in Tennessee

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $5.3 million in the state of Tennessee for water infrastructure improvements needed to boost business expansion and job creation in the region. The EDA investments announced today are: “The Biden-Harris Administration’s Investing in America Agenda is ensuring that all…

EDA: $4.7 Million Invested to Boost Workforce Development and Business Expansion Efforts in Kentucky

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $4.7 million in the state of Kentucky to support workforce development and business expansion in the region. The EDA investments announced today are: “The Biden-Harris Administration’s Investing in America Agenda is ensuring that all communities have the resources and…