CDFI Fund: Summary Report and Public Data for NMTC Program for FYs 2003-2022 Released
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today released a summary report and data collected on all New Markets Tax Credit (NMTC) investments across the nation from fiscal year (FY) 2003 to FY 2022. The CDFI Fund requires all Community Development Entities (CDEs) that have been awarded NMTC allocations…
FEMA: $1 Billion in Project Selections Announced to Make Communities More Resilient to Climate Change and Natural Hazards Through the Investing in America Agenda
Funding Boosted from President Biden’s Investing in America Agenda Will Support 656 Resilience Projects Nationwide President Joseph R. Biden, Jr., Department of Homeland Security Secretary Alejandro Mayorkas and FEMA Administrator Deanne Criswell today announced the 656 project selections for $1 billion in climate resilience funding as part of his Investing in America agenda. The selections through…
EDA: New Funding Round of $504 Million Announced for 12 Tech Hubs Across America
The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), announced another funding round of approximately $504 million in implementation grants to 12 Tech Hubs to scale up the production of critical technologies, create jobs in innovative industries, strengthen U.S. economic competitiveness and national security, and accelerate the growth of industries of the future in…
SBA: New Solicitation Announced to Expand Funding for Regional Innovation Cluster Network
Regional Innovation Clusters Will Increase Startup and Small Business Participation in U.S. Supply Chain 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 new funding solicitation for the SBA’s Regional Innovation Cluster (RIC) Initiative that will make awards…
HUD: $26 Million Awarded to Address the HIV Epidemic through Housing
Funding empowers communities to develop and execute new projects, positioning housing as a key strategy to combat the HIV epidemic. Today, the U.S. Department of Housing and Urban Development (HUD) awarded $26 million in Housing Interventions to End the HIV Epidemic program funding. This funding will go to 11 communities across the nation. Grantees receive…
CDFI Fund: Public Comment Sought on the CMF Performance Report
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) is soliciting public comment on changes to the Capital Magnet Fund (CMF) Performance Report. The CDFI Fund’s CMF Application and Performance Report Paperwork Reduction Act (PRA) approval will expire in July 2024. Although the PRA approval for the forms in the CMF…
HUD: Nearly $85 Million Invested to Take Additional Steps to Increase Housing Supply and Lower Housing Costs Across the Country
Vice President Harris and Acting Secretary Todman announced funding for communities to eliminate barriers to building housing, production and launch innovative strategies to address local housing needs. Today, Vice President Kamala Harris and HUD Acting Secretary Adrianne Todman announced that the Biden-Harris Administration is awarding $85 million in grant funding for the Pathways to Removing…
EDA: $7.8 Million Invested to Support Educational and Workforce Development in Virginia
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $7.8 million in the state of Virginia to support educational and workforce development following natural disasters in the state. The EDA investments announced today are: “President Biden is committed to ensuring that all communities in Virginia and across the…
EDA: $5 Million Invested for Wastewater Infrastructure Improvements in Vermillion, SD
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $5 million grant to the city of Vermillion, South Dakota, to support wastewater treatment facility improvements. This grant will invest in resilience to natural disasters and provide additional capacity for future industrial growth. This EDA investment will be…
EDA: $4.6 Million Invested for Water Infrastructure Improvements to Support Business and Job Growth in Watkins Glen, NY
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $4.6 million grant to the village of Watkins Glen, New York, for water infrastructure improvements needed to boost business and job growth. This grant will support rehabilitation of Watkins Glen’s water storage tank and pump station, replacement of…