HUD: $750,000 Invested to Modernize Rental Homes for Waldorf, MD Families
Newly closed Green and Resilient Retrofit Program transaction will fund crucial repairs and energy efficiency and climate resilience improvements. Today, the U.S. Department of Housing and Urban Development’s (HUD) announced the closing of a $750,000 transaction to help finance energy efficiency and climate resilience improvements for affordable rental homes in Waldorf, MD, home to 204…
CDFI Fund: Treasury Guarantees $498 Million in Bond Funding for Projects in Low-Income Communities, Marking Largest Bond Issuance in Program History
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced an agreement to issue three guarantees worth $498 million under the CDFI Bond Guarantee Program, the largest issuance in the program’s history. The CDFI Bond Guarantee program provides long-term, fixed-rate capital for projects in low-income urban, rural, and Native communities, and the guarantees…
HUD: $28 Million Announced to Bolster Local Housing Programs Across America
Funding will allow 23 local organizations to provide critical assistance for Americans living with HIV and AIDS and ensure stable housing for individuals and families at risk of homelessness. The U.S. Department of Housing and Urban Development (HUD) today announced nearly $28 million in funding to ensure Americans living with HIV and AIDS and their…
HUD: More Than $420 Million Announced to Eliminate Lead Exposure in Homes
The funding will protect more Americans from lead hazards, improve housing hazard identification and prevention, and expand critical research and services. Today, the U.S. Department of Housing and Urban Development (HUD) announced more than $420 million in awards across 32 states, the District of Columbia, and Puerto Rico to remove lead hazards from homes and…
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…