Investment

SBA: $7 Million in PRIME Grants Announced to Serve Low-Income Microentrepreneuers

28 Grants Will Support Training, Program Development to Increase Access to Capital and Grow Businesses 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 33 million small businesses, announced 28 awardees for the 2024 Program for Investment in Microentrepreneurs(Link is external) (PRIME) grant awards, totaling $7 million….

SBA: Application Window Opens for Small Business Cyber Prize Competition

Application for $350,000 Award Closes Aug. 15 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 33 million small businesses, announced the Cyber Prize Competition to award $350,000 to one organization to lead the development and deployment of a national Cyber Certification Program…

EDA: $4 Million Invested for Wastewater Infrastructure Improvements to Support Job Creation in Independence, OR

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to the city of Independence, Oregon, for wastewater infrastructure improvements to support job creation in the region.  This grant will support the renovation and expansion of the city’s wastewater treatment plant, increasing the system’s resilience…

EDA: $3.7 Million Invested to Support Emergency Preparedness and Disaster Resilience in New Mexico

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $3.7 million in the state of New Mexico to support emergency preparedness and disaster resiliency. The EDA investments announced today are: “President Biden’s Investing in America agenda is a commitment to ensuring communities in New Mexico and across the…

EDA: $3.1 Million Invested to Bolster Mariculture Workforce Development of the Kenai Peninsula, AK

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.1 million grant to the Chugach Regional Resources Commission in Anchorage, Alaska, to bolster workforce development in the Kenai Peninsula’s mariculture sector.  This grant will support expansion of the Alutiiq Pride Marine Institute Patrick (Ratii) Norman facility, helping…

HUD: $1.5 Million Invested to Modernize Homes for Illinois Families

Two transactions in Illinois will fund electrification, climate resilience, and energy efficiency renovations in Chicago and Champaign, benefiting low-income seniors. Today, the U.S. Department of Housing and Urban Development (HUD) announced the recent completion of two transactions totaling $1.5 million to finance energy efficient and climate resilient improvements for affordable homes in Illinois under the…

HUD: Over $3.5 Billion Announced to Help People Experiencing Homelessness

HUD Announces Over $3.5 Billion to Help People Experiencing Homelessness HUD makes largest-ever single-year investment in communities’ homelessness response systems and streamlines program requirements for providers WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced that it will provide more than $3.5 billion in competitive funding to homeless services organizations across the…

HUD: Over $150 Million Announced for Tribal Communities for Construction of Innovative, Affordable Housing

The U.S. Department of Housing and Urban Development (HUD) today announced awards totaling $150.9 million for new affordable and innovative housing investments in Tribal communities. Principal Deputy Assistant Secretary Richard Monocchio made the announcement today in Anchorage, Alaska, where he presented $6 million to the Cook Inlet Housing Authority to build 51 new housing units…

EDA: New $25 Million Good Jobs Challenge Notice of Funding Opportunity Announced

New funding builds on historic investment from Biden-Harris Administration’s American Rescue Plan that has placed thousands of Americans into good-paying jobs The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), today launches a new phase of funding for the Good Jobs Challenge. This funding opportunity builds on the success of the…

HUD: $3.4 Million Awarded to Public Housing Authorities to Prevent Homelessness Among Vulnerable Youth Exiting Foster Care

38 Public Housing Agencies in 19 states will use funding to keep foster youth housed. Today, the U.S. Department of Housing and Urban Development (HUD) awarded $3.4 million to 38 Public Housing Agencies (PHAs) for 257 vouchers and administrative fees to provide housing assistance to young adults who left foster care or are transitioning out of…