Investments & Funding

HUD: $2 Million in Funding Available to Small Communities through Main Street Program

Today, the US Department of Housing and Urban Development (HUD) announced a Notice of Funding Opportunity (NOFO) of $2 million through the HOPE VI Main Street Program. This grant program provides assistance to communities looking to create affordable housing in central business districts (Main Street areas) that are undergoing redevelopment. HUD is looking to target…

EDA: $1 Million Invested to Support Aerospace Manufacturing Business Growth in Luling, TX

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the city of Luling, Texas, to support business growth and job creation through infrastructure improvements at the city’s industrial park. This grant will provide roadway, water, and broadband improvements to support business expansion in…

HUD: $22.5 Million in Funding Made Available to Public Housing Authorities for Jobs Plus Program

Funding will help public housing residents gain employment and education opportunities The U.S. Department of Housing and Urban Development (HUD) today announced that it will make available $22.5 million to public housing authorities (PHAs) to help families increase their earned income and improve their economic mobility through the Jobs Plus program. HUD’s Jobs Plus program…

EDA: $1.7 Million Invested to Expand Truck Driver Workforce Training Efforts in North Carolina

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to Guilford Technical Community College, Jamestown, North Carolina, to construct a truck driver training facility on the college’s East Greensboro campus. This project will provide an asphalt training pad, parking lot and other infrastructure upgrades…

HUD: $45 Million in Funding Provided to Public Housing Authorities to Help Households Experiencing or at Risk of Homelessness

This funding builds on the Biden-Harris Administration’s commitment to coordinated efforts to addressing unsheltered homelessness and homelessness in rural areas Today, the U.S. Department of Housing and Urban Development (HUD) is announcing communities to receive housing vouchers to address homelessness among people in unsheltered settings and in rural communities. HUD is awarding $45 Million for…

HUD: $25 Million in Funding Announced for Public Housing Authorities to Help Families Get Access to Better Housing and Schools

Public Housing Authorities are encouraged to apply for funding Today, the U.S. Department of Housing and Urban Development (HUD) announced that it will make available $25 million to public housing authorities (PHAs) for HUD’s Housing Choice Voucher (HCV) Mobility Services. Through this program, PHAs will help an estimated 6,000 voucher families with children get a…

EDA: $2.4 Million Invested for Building Renovations to Support Air Traffic Control Academy in Selma, AL

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the Craig Field Airport & Industrial Authority in Selma, Alabama, for building renovations needed to support the remote air traffic control academy at Craig Field. This project will renovate two buildings at Craig Field…

HUD: $688,000 in Funding Provided for Public Housing Authorities to Help Youth Aging Out of Foster Care

Funding Deployed During National Foster Care Month 2023 Today, as the country marks National Foster Care Month, the U.S. Department of Housing and Urban Development (HUD) announced that it will make available $688 thousand to 12 public housing authorities (PHAs) in 9 states, including California, Oregon, Texas, West Virginia, and Wisconsin. These PHAs will receive…

HUD: $95.5 Million Awarded for Affordable Housing and Community Development Activities in Native American Communities

Funds support development and operation of low-income housing The U.S. Department of Housing and Urban Development (HUD) today awarded $95 million to 55 communities through the Indian Community Development Block Grant (ICDBG) Program. Grant funds may be used for infrastructure, community facilities, housing rehabilitation, economic development, and more to support Native American and Alaskan Native…

CDFI Fund: FY 2023 Bank Enterprise Award Program Application Deadline Extended to June 8th

On March 31, 2023, the Community Development Financial Institutions Fund (CDFI Fund) announced the publication of the Fiscal Year (FY) 2023 Bank Enterprise Award Program (BEA Program) Notice of Funds Availability (NOFA) with a deadline for submitting a FY 2023 BEA Program Application in the Awards Management Information System (AMIS), the CDFI Fund’s web-based portal,…