EDA: $681,130 Invested for Infrastructure Improvements to Support Manufacturing Business Growth in Story City, IA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $681,130 grant to the city of Story City in Iowa, for infrastructure improvements to support the regional manufacturing sector. This grant will provide water and sewer upgrades at the I-35 Business Park, supporting business expansion and job creation. This EDA investment will…
EDA: $675,000 Invested to Support Agricultural Production Industry in Baldwin, ND
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $675,000 grant to Enhancing and Strengthening North Dakota Nonprofits and Communities in Minot, North Dakota, to boost agricultural production in the region. This grant will help construct a regional processing facility for local foods, providing classrooms, kitchen facilities, warehouse space and more….
EDA: $568,740 Invested to Support Economic Development District Leadership Development Across Eight States
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $568,740 grant to the National Association of Development Organizations (NADO) Research Foundation in Washington, D.C., to bolster leadership development in Economic Development Districts (EDD) across eight states. This grant will support a regional training program for emerging leaders in Alabama, Florida, Georgia,…
CDFI Fund: Public Comments Sought on Capital Magnet Fund Application
Comments due November 25, 2024 The U.S. Department of the Treasury, as part of a continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995 (PRA), 44 U.S.C….
HUD: Additional Funding Announced to Support Residents During Ongoing Unit Repairs
HUD and the Biden-Harris Administration also announce efforts to reduce barriers to solar energy for lower income Americans Today, the U.S. Department of Housing and Urban Development (HUD) is announcing that the New York City Housing Authority (NYCHA) is receiving additional funding –over $37 million in Tenant Protection Vouchers in an effort to maintain a…
SBA: $3 Million in Cybersecurity Pilot Program Grants Awarded
Grants Awarded to Universities in South Dakota, Texas, and Washington State to Help Small Businesses Combat Emerging Cyber Threats 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 three new Cybersecurity Pilot Program Grant recipients will receive a total…
HUD: More Than $15 Million Announced to Prevent Youth Homelessness
Funding will support housing assistance for young Americans, formerly of foster care, who face homelessness Today, the U.S. Department of Housing and Urban Development (HUD) announced $15.4 million for two programs that support young Americans who are transitioning out of foster care and experiencing or at risk of experiencing homelessness. Through the Foster Youth to…
CDFI Fund: $5 Billion in New Markets Tax Credits Announced
Awards will Spur Economic and Community Development in Low-Income Urban, Rural and Tribal Communities Nationwide The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today announced $5 billion in New Markets Tax Credits that will spur investment and economic growth in low-income urban and rural communities nationwide. A total of 104…
CDFI Fund: $40.1 Million Awarded to Banks Investing in Severely Distressed Communities
Recipients Demonstrate Increased Lending and Services Exceeding $380 Million to Nation’s Most Economically Challenged Areas The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today announced $40.1 million in awards to 171 FDIC-insured banks through the fiscal year (FY) 2024 round of the Bank Enterprise Award Program (BEA Program), for increasing…
HUD: $87 Million Announced to Address Health Hazards in Public Housing
Funding will decrease the risk of long-term health complications from residential health hazards for Americans Today, the U.S. Department of Housing and Urban Development (HUD) announced more than $87 million for public housing agencies to evaluate and reduce residential health hazards in public housing, including lead-based paint, carbon monoxide, mold, radon, and fire safety. Through…