HUD: $4 Million in DEI Contracts Canceled
Today, HUD Secretary Scott Turner cancelled $4 million in contracts promoting “diversity, equity, and inclusion” (DEI). This savings for the American taxpayer was found by the HUD DOGE Task Force and is part of the department’s larger $260 million review of all contract expenditures. The terminated contracts were intended for “DEI culture transformation,” including outward mindset…
CDFI Fund: FY 2025 Housing Production-Financial Assistance (HP-FA) Application Now Available
As part of the fiscal year (FY) 2025 Application round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) that opened on January 16, 2025, the Community Development Financial Institutions Fund (CDFI Fund) is inviting Applicants to compete for approximately $100 million in Housing Production-Financial Assistance (HP-FA) Awards. …
CDFI Fund: Important Reminders for FY 2025 CDFI Program and NACA Program Round Applicants
As a reminder for fiscal year (FY) 2025 Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) Applicants, the deadline for online submission of the SF-424 through Grants.gov for this year’s CDFI Program and NACA Program funding rounds is February 18, 2025 at 11:59 p.m. ET. Applicants must also have created…
FEMA: One Month Later, Federal Support for Wildfire Survivors Nears $700 Million
On January 7, when wildfires first struck Los Angeles County and adjacent areas, more than 200,000Californians were evacuated. State and local governments responded quicky to fight the blazes, employing more than 2,000 pieces of firefighting equipment – 80-plus aircraft, 200-plus bulldozers and more – which were soon bolstered by the governor’s activation of 2,500 National Guard troops and a request for a federal disaster declaration. …
CDFI Fund: Important Information for Organizations Impacted by the California Wildfires
Performance Benchmark and Compliance Deadline Extensions Available Upon Request On January 8, 2025, President Biden issued a major disaster declaration in the State of California for areas affected by wildfires and straight-line winds beginning on January 7, 2025, and continuing. The Community Development Financial Institutions Fund (CDFI Fund) will allow organizations affected by the disaster declaration to…
CDFI Fund: New Transaction Level Report Monthly Webinars Announced
The Community Development Financial Institutions Fund (CDFI Fund) will now host a monthly Transaction Level Report (TLR) webinar. The TLR webinars are intended to serve as a forum for Certified and non-Certified Community Development Financial Institutions (CDFIs) to ask questions and discuss the TLR and its submission process. This new series will cover the Full-Length…
CDFI Fund: Important Reminders for FY 2025 CDFI Program and NACA Program Round Applicants
The Community Development Financial Institutions Fund (CDFI Fund) will host the following webinars for fiscal year (FY) 2025 Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) Round Applicants: Additionally, a Matching Funds Webinar Workshop for CDFI Program Financial Assistance Applicants will be held on February 27, 2025. The CDFI Fund will…
CDFI Fund: Electronic Application Now Available for FY 2025 CDFI Program and NACA Program Applicants
The electronic Application for the fiscal year (FY) 2025 round of the Community Development Financial Institution Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) is now available in the Community Development Financial Institutions Fund’s (CDFI Fund’s) Awards Management Information System (AMIS). Reference copies of the NOFAs and all Application materials can be found…
ABA: Foundation Accepting Donations to Support L.A. Wildfire Relief Efforts in California
ABA to Contribute $25,000 As first responders continue to fight the devastating wildfires in Los Angeles County, the American Bankers Association Foundation today announced it will begin collecting tax-exempt contributions through its Disaster Relief Program to help aid in emergency relief efforts. At the request of the California Bankers Association, the ABA Foundation will immediately begin accepting…
HUD: Nearly $3.6 Billion in Homelessness Assistance Funding Awarded to Communities Nationwide
Grant awards represent the largest amount of annual federal funding provided through HUD’s Continuum of Care program in history. Today, the U.S. Department of Housing and Urban Development (HUD) announced nearly $3.6 billion in Continuum of Care (CoC) program awards for nearly 7,000 projects that provide housing assistance and supportive services to people experiencing homelessness,…