EDA: $1.3 Million Invested to Support Redevelopment of Jackson Avenue in Historic Westside Las Vegas, NV
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the city of Las Vegas, Nevada, to support planning for the future redevelopment of Jackson Avenue as part of ongoing efforts to catalyze community-led investment in the city’s historic Westside. This grant will assist…
EDA: $1 Million Invested to Support Aviation Workforce Development in Durant, OK
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to Southeastern Oklahoma State University in Durant, Oklahoma, to create an Aerospace Technology Center at the Durant Regional Airport. This grant will create a training center to boost the region’s aerospace workforce by enhancing existing…
HUD: $25 Million Loan Guarantee Announced for Birmingham, AL Loan for Black, Indigenous, People of Color Fund
Today, the U.S. Department of Housing and Urban Development (HUD) awarded the City of Birmingham, Alabama a $25.2 million loan fund under its loan guarantee program for the Community Development Block Grant Program, Section 108. The City of Birmingham plans to use these funds to establish a $25 million citywide Loan Pool to provide financing…
HUD: $16 Million Awarded to Aid Homeless Veterans in Securing Permanent Housing
Today, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) awarded $16.1 million in HUD-Veterans Affairs Supportive Housing (HUD-VASH) vouchers to 71 Public Housing Agencies (PHAs) across the country. This award will help homeless Veterans and their families find and sustain permanent housing. Please see the list…
CDFI Fund: $5 Billion in New Markets Tax Credit Awards Announced
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced $5 billion in New Markets Tax Credits today that will spur investment and economic growth in low-income urban and rural communities nationwide. A total of 102 Community Development Entities (CDEs) were awarded tax credit allocations, made through the calendar year (CY)…
HUD: $25 Million Awarded to Stabilize Public Housing Agencies Facing Financial Shortfalls
The U.S. Department of Housing and Urban Development (HUD) awarded today $25 million to 157 public housing agencies (PHAs) experiencing or at risk of experiencing financial shortfalls. This Public Housing Operating Fund Shortfall funding, provided by the Fiscal Year 2023 Consolidated Appropriations Act, will enable PHAs to continue serving residents as they take steps to…
HUD: Funding Navigator Announced to Connect Program Participants to Billions of Dollars in Federal Funding and Tax Credits to Improve Carbon Reduction and Climate Resilience
Dynamic web-based resource navigator tool, which will assist program participants identity potential funding opportunities Today, the U.S. Department of Housing and Urban Development (HUD) announced its first-ever Funding Navigator, an interactive tool that allows the user to browse and sort funding opportunities for billions of dollars in funding available under the Inflation Reduction Act (IRA),…
SBA: Over $5 Million Announced to Support STEM, R&D-Focused Small Businesses
Growth Accelerator Fund Awards $150,000 to 35 Partnerships Across National Priority Areas Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s 33 million small businesses, announced the SBA’s 2023 Growth Accelerator Fund Competition Stage Two winners. Thirty-five award-winning accelerator partnerships will receive $150,000 each to help advance equitable investment…
HUD: $60 Million Awarded to Address Youth Homelessness in 16 Communities
Federal funding fuels housing solutions for vulnerable youth. The U.S. Department of Housing and Urban Development (HUD) awarded today $60.3 million to build systems to end youth homelessness in 16 communities across the country, including four rural communities. The funding was awarded through HUD’s Youth Homelessness Demonstration Program (YHDP) to support a wide range of…
HUD: $50 Million Funding Opportunity Announced to Provide Stable Housing to People with HIV and Their Families
The U.S. Department of Housing and Urban Development (HUD) is announcing $50 million in competitive funding available for Housing Opportunities for Persons With AIDS (HOPWA). The funding will be available to local governments, states, and nonprofit organizations via the HOPWA: Housing Interventions (HINT) to End the HIV Epidemic program. Achieving and maintaining stable housing can…