CDFI Fund: Application Demand for Fiscal Year 2024 Round of BEA Program Released
Over $390 million in Increased Investments, Lending and Services in Highly Distressed Communities and to CDFIs The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today the application data for the fiscal year (FY) 2024 round of its Bank Enterprise Award Program (BEA Program). A total of 176 applications were…
HUD: $6 Million Awarded to Protect Families from Home Health and Safety Hazards
Funding will be used to make low-income families’ homes safer and healthier. The U.S. Department of Housing and Urban Development (HUD) today awarded $6 million to two nonprofit organizations, and a city government to protect children and families from home health hazards. This is the second round of funding announced for this program in addition…
HUD: $19 Million Announced in New Housing Investments
As part of President Biden’s Investing in America Agenda, HUD announces new awards for climate resilience and energy efficiency renovations. The U.S. Department of Housing and Urban Development (HUD) today announced $19 million in new grant and loan awards to 32 properties under its Green and Resilient Retrofit Program (GRRP). These grants and loans will support significant…
EDA: $6.9 Million Invested to Support Workforce Training and Port Operations in Texas
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $6.9 million in the state of Texas to support workforce training and port operations. “Building a stronger, more resilient workforce is critical to the Biden-Harris Administration’s Investing in America agenda. We know that American workers fuel our country’s economic…
EDA: $2 Million Invested for Infrastructure Improvements to Support Disaster Resiliency in Pontotoc, MS
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Three Rivers Solid Waste Management Authority in Pontotoc, Mississippi, for infrastructure improvements to support disaster resiliency in the region. This grant will support upgrades to three solid waste transfer stations, improving disaster preparedness…
EDA: $574,588 Invested to Support Entrepreneurship Training in Ogden, UT
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $574,588 grant to Weber State University in Ogden, Utah, to expand entrepreneurial support to three Utah regions. This grant will establish the Wildcat Micro Fund and provide business resources and training to support entrepreneurs in underserved and rural areas of Utah. This…
HUD: New $175 Million Opportunity Launched to Build Housing
Funding will build new homes for people experiencing homelessness. Today, the U.S. Department of Housing and Urban Development (HUD) made $175 million available through first-of-its-kind funding for new construction, acquisition, or rehabilitation of permanent supportive housing. Through one-time awards under the Continuum of Care (CoC) program, the CoCBuilds Notice of Funding Opportunity (NOFO) will enable communities…
SBA: New Grant Funding Announced for Native American-Owned Small Businesses
Native American Trade Expansion Program to Provide Up to $240,000 in Grants 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 a funding opportunity for Native American-owned small businesses under its new pilot Native American Trade Expansion Program…
EDA: $1.9 Million Invested to Support Sustainable Manufacturing in Red Devil, Alaska’s Tribal Communities
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.9 million grant to TKC Fish Wheel in Anchorage, Alaska, to support the establishment of a sustainable manufacturing enterprise for the Middle Kuskokwim Tribes. This grant will support construction of a 9,288-square-foot sawmill in Red Devil, Alaska, that…
HUD: $325 Million Invested in Housing and Community Development Improvements
President Biden and HUD Acting Secretary Todman announced the Choice Neighborhoods awards to build new homes and spur economic development. Today, President Joe Biden and HUD Acting Secretary Adrianne Todman announced that the Biden-Harris Administration is awarding $325 million in Choice Neighborhoods Implementation Grant funding to seven communities to build more homes and revitalize neighborhoods…