Investments & Funding

EDA: $600,000 Invested to Bolster Business Growth in Tulare, CA

 Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,000 grant to the city of Tulare, California, to make building renovations to accommodate new business growth and startup expansion.  This grant will support the creation of a fabrication facility which will house 3D printers, laser cutters, and other equipment small businesses…

HUD: New Critical Investments Announced for the Nation’s Public Housing

The Public Housing Repair fund will allow housing authorities to modernize or develop public housing for individuals, families, and seniors. Today, the U.S. Department of Housing and Urban Development (HUD) awarded $3.17 billion in Public Housing Repair funding to 2,756 public housing authorities (PHAs) in all 50 states as well as the District of Columbia,…

HUD: First Deal Delivered to Promote Energy Efficiency and Climate Resiliency for Massachusetts Families

Transaction enhances green features of renovation project in Quincy, Massachusetts. Today, the U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs, announced it completed a $750,000 grant transaction under the Green and Resilient Retrofit Program (GRRP) with Wollaston Lutheran Church. Grant funds will be used to finance energy efficiency and climate…

HUD: Nearly $900 Million Announced to Make Low-Income Families’ Homes Safer and Healthier

Funding supports President Biden’s plan to address residential health hazards, including lead paint, carbon monoxide, mold, radon, fire safety, and asbestos. Today, the U.S. Department of Housing and Urban Development (HUD) announced nearly $90 million available to reduce residential health hazards for low-income families, including lead-based paint hazards, carbon monoxide, mold, radon, fire safety, and asbestos,…

EDA: $9.6 Million Invested for Water Infrastructure Improvements to Support Job Creation in Anderson County, SC

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $9.6 million grant to Anderson County, South Carolina, to support job creation and private investment in the region.  This grant will provide for water infrastructure improvements to support commercial and industrial businesses in Anderson County. This EDA investment…

EDA: $3.5 Million Invested for Infrastructure Improvements to Support Semiconductor Business Growth in Copperas Cove, TX

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.5 million grant to the city of Copperas Cove, Texas, for water, sewage, and roadway infrastructure improvements.  This grant will help develop industrial sites to support semiconductor business growth. This EDA investment will be matched with $875,000 in…

EDA: $2.3 Million Invested for Infrastructure Improvements to Support Clean Energy Business Growth in Gonzales, LA

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to Ascension Parish Government in Gonzales, Louisiana, for roadway infrastructure improvements at the RiverPlex MegaPark.  This grant will support clean energy business growth in the region. This EDA investment will be matched with $586,857 in…

SBA: Record-Breaking $178 Billion in Federal Procurement Opportunties Awarded to Small Businesses

10 Federal Agencies Earn A+ in SBA’s Annual Scorecard Released During National Small Business Week Today, at a roundtable discussion hosted by the White House and attended by several federal agencies to mark National Small Business Week, SBA Administrator Isabel Casillas Guzman announced the agency’s Fiscal Year (FY) 2023 federal procurement “Scorecard” results, which measure how well federal…

CDFI Fund: FY 2024 Bank Enterprise Award Program Funding Round Opens

Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2024 funding round for the Bank Enterprise Award Program (BEA Program). Application materials are now available on the BEA Program page of the CDFI Fund’s websitein anticipation of the publication of the FY 2024 Notice of Funds…

CDFI Fund: CDFI Equitable Recovery Program Compliance FAQs Released

The Community Development Financial Institutions Fund (CDFI Fund) has published a Compliance Frequently Asked Questions (FAQs) document for the CDFI Equitable Recovery Program (CDFI ERP). This document helps to answer commonly asked compliance questions regarding the CDFI ERP Assistance Agreement.  The CDFI ERP Compliance FAQ also incorporates the previously released CDFI ERP Demographic Data Guidance. …