CDFI Fund: $70 Million Awarded to Banks through BEA Awards to Increase Investment in Severely Distressed Communities
Recipients Collectively Increased Lending and Services to Nation’s Most Distressed Areas by over $970 million The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today $70 million in awards to 184 FDIC-insured banks, through the fiscal year (FY) 2023 round of the Bank Enterprise Award Program (BEA Program), for increasing…
HUD: Nearly $30 Million Awarded to Local HIV/AIDS Housing Programs
Funding offers stable housing for individuals and families at risk of homelessness. The Office of HIV/AIDS Housing under the U.S. Department of Housing and Urban Development (HUD) has announced the allocation of $29,661,629 for Housing Opportunities for Persons With AIDS (HOPWA) Permanent Supportive Housing (PSH) Renewal and Replacement Grants. These grants assist with tenant-based rental…
EDA: $3 Million Invested to Support Manufacturing and Industrial Service Workforce Development Efforts in Scooba, MS
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to East Mississippi Community College in Scooba, Mississippi, to construct a new industrial training facility on campus. This grant will help prepare students for careers in the manufacturing and industrial service sectors, including electrical technology,…
EDA: $1.75 Million Invested to Expand Agribusiness Sector in Cass County, IN
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million grant to Cass County, Indiana, for road infrastructure upgrades at the Cass County Agribusiness Park. This project will increase business operations and provide continued industrial growth in a region impacted by changes in the energy…
EDA: $1.4 Million Invested to Expand Job Training Programs for Cherokee Nation Tribal Members in Oklahoma
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.4 million grant to the Cherokee Nation in Tahlequah, Oklahoma, to provide expanded skilled employment training services to Tribal members. This grant will expand the Tribe’s building trade, lineman, and fiber technician training programs and will help Tribal…
EDA: $690,604 Invested for Infrastructure Improvements to Boost Business and Job Growth in Elizabethtown, NC
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $690,604 grant to Elizabethtown, North Carolina, for infrastructure improvements needed to support business and job growth in the region. This grant will support development of the Elizabethtown Industrial Park and its new Live-Work-Play campus, in a region impacted by changes in the…
EDA: $4.5 Million Invested in STEM Workforce Training Efforts Across the Country
Latest Department of Commerce Investments Help Bolster STEM Workforces in Technology Innovation Sectors Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced the 11 recipients of the 2023 STEM Talent Challenge, a national competition overseen by the EDA that supports programs to train science, technology, engineering, and math (STEM) talent and fuel regional innovation…
HUD: $7 Million Announced in Choice Neighborhood Planning Grants
Grants will fund community-driven revitalization planning in neighborhoods with distressed public housing. Today, U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge announced $7 million in Choice Neighborhoods Planning Grants to 14 communities across America. Each awardee will receive a $500,000 grant to create a comprehensive neighborhood revitalization plan to redevelop severely…
HUD: $8.6 Million Awarded to Provide Rental Assistance to Native American Veterans Experiencing Homelessness
The U.S. Department of Housing and Urban Development (HUD) awarded today 29 Tribal HUD-Veterans Affairs Supportive Housing (Tribal HUD-VASH) renewal awards, totaling $8,588,580, to provide rental assistance and supportive services to Native American Veterans experiencing or at risk of homelessness. See the full list of awardees here. The Tribal HUD-VASH program provides housing and supportive services…
HUD: $10 Million Awarded to Public Housing Agencies for Safety and Security Needs
Grants to support crime prevention, carbon monoxide (CO) detectors, smoke detectors, and fire alarms in 56 communities The U.S. Department of Housing and Urban Development (HUD) today awarded $10 million to 56 Public Housing Agencies (PHAs) to make needed capital improvements in public housing developments that serve to enhance safety and security for residents. See…