Investment

EDA: Additional $210 Million in Tech Hub Grants Awarded

Additional funding for the Tech Hubs program was made possible through the bipartisan FY25 NDAA passed by Congress and signed into law by President Biden The U.S. Department of Commerce’s Economic Development Administration (EDA) announced today that it plans to award approximately $210 million in implementation grants, ranging between approximately $22 million and $48 million,…

EDA: $25 Million Awarded in Latest Installment of Good Jobs Challenge Funding to Strengthen Workforce Training Programs Across the Nation

New awards expand program that has trained and placed more than 12,000 American workers into good jobs Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding $25 million in Good Jobs Challenge program funding to eight grantees to support high-quality, locally-led workforce training programs that create a pathway for workers…

HUD: $72 Million Made Available to Address Youth Homelessness

Funding will support communities in developing housing focused solutions to prevent and end youth homelessness Today, the U.S. Department of Housing and Urban Development (HUD) is making $72 million in Youth Homelessness Demonstration Program (YHDP) funding available for up to 25 communities nationwide. This funding will be used for developing and implementing coordinated community approaches…

HUD: $150 Million Investment Toward Affordable Housing in Tribal Communities Announced

Funding to improve access to affordable housing across Indian Country, prioritizing new construction and housing rehabilitation  Today, the U.S. Department of Housing and Urban Development (HUD) announced $150 million in funding for new affordable and innovative housing in Tribal communities through the Indian Housing Block Grant (IHBG) Competitive Grant program. This funding will be awarded…

HUD: Over $60 Million Delivered to Build and Preserve Affordable Housing in Atlanta

Transaction supports the construction and rehabilitation of 282 affordable homes for low-income individuals and families. Today, the U.S. Department of Housing and Urban Development announced the completion of a $60.2 million Rental Assistance Demonstration (RAD) transaction with the Housing Authority of the City of Atlanta to expand affordable housing options for low-income individuals and families…

HUD: More Than $14 Million in Funding Announced to Support People Experiencing or at Risk of Homelessness in Florida

Funding will help provide shelter to people displaced by Hurricane Helene and Milton and support those experiencing homelessness with safe and stable housing options The U.S. Department of Housing and Urban Development (HUD) today announced $14.1 million to support people experiencing homelessness in Florida communities impacted by Hurricane Helene and Milton. The Rapid Unsheltered Survivor…

HUD: $10 Million Funding Opportunity Announced to Support Housing and Community Development Research at Minority-Serving Institutions

Funding available for Historically Black Colleges and Universities, Hispanic-Serving Institutions, Tribal Colleges and Universities, and Alaska Native/Native Hawaiian-Serving Institutions. The U.S. Department of Housing and Urban Development (HUD) today announced the availability of $10 million in funding through its Office of Policy Development & Research (PD&R) to support eligible minority-serving institutions (MSIs) in researching critical housing and…

HUD: $12 Billion Invested in Long-Term Assistance to Communities Impacted by Disasters

Funds will support recovery from Lahaina Wildfire, Hurricane Helene, Hurricane Milton, and other 2023 & 2024 disasters Today, the U.S. Department of Housing and Urban Development (HUD) announced the allocation of nearly $12 billion in Community Development Block Grant-Disaster Recovery (CDBG-DR) funds for communities across 24 states and territories. To provide guidance for the implementation…

HUD: Affordable Housing Regulations Streamlined and Modernized Making Housing More Accessible for Families Nationwide

The Final Rule for HUD’s HOME Investment Partnerships Program will reduce administrative burden on communities, better align federal resources, and lower housing costs for families nationwide. Today, the U.S. Department of Housing and Urban Development (HUD) published a Final Rule in the Federal Register to modernize and strengthen regulations for the HOME Investment Partnership Program (HOME). HOME…

FEMA: $1.35 Billion Announced to Increase Climate Resilience Nationwide

 Today, FEMA Administrator Deanne Criswell announced that as part of President Joseph R. Biden’s Investing in America Agenda, FEMA is making $1.35 billion available for two grant programs designed to help communities enhance resilience to the impacts of increasingly frequent and extreme weather events.  The Building Resilient Infrastructure and Communities (BRIC) annual grant program is making $750 million available for projects that…