HUD: Over $469 Million Made Available to Protect Families from Home Health and Safety Hazards
Funding will assist communities’ efforts to protect vulnerable residents by making improvements to older housing to eliminate housing-related health and safety hazards. Today, the U.S. Department of Housing and Urban Development (HUD) announced the Lead Hazard Reduction Grant Program’s Notice of Funding Opportunity (NOFO) that makes over $469 million in grants available to state and…
CDFI Fund: Revisions to Capital Magnet Fund Interim Rule Published
Comments due to the CDFI Fund by August 26, 2024 The U.S. Department of the Treasury is issuing a revised Interim Rule for the Capital Magnet Fund (CMF), administered by the Community Development Financial Institutions Fund (CDFI Fund). Changes incorporated by the revised Interim Rule include, among other things: This revised Interim Rule also reflects…
HUD: $18.7 Million Transaction Closed to Preserve Affordable Rental Homes for Pittsburgh Families
Today, the U.S. Department of Housing and Urban Development’s Office of Multifamily Housing Programs announced the recent completion of a Rental Assistance Demonstration (RAD) transaction with the Housing Authority of the City of Pittsburgh (HACP). The transaction will enable the city of Pittsburgh to rehabilitate and preserve nearly 90 affordable rental homes at Manchester Commons,…
SBA: Over $1 Million Invested to Expand Support for Veteran Entrepreneurs
Organizations to Provide Critical Training and Counseling for Startups and Existing Small Businesses Today, the U.S. Small Business Administration (SBA) announced over $1 million in new funding to provide critical training and counseling to aspiring and existing veteran small business owners as a Veterans Business Outreach Center (VBOC). The new funding opportunity will make awards of up to $400,000 to…
HUD: $10 Million Awarded to Public Housing Agencies to Protect Residents
Grants provided through Capital Fund Emergency Safety and Security Program will support crime prevention, smoke detectors, fire alarms and other security measures. To help keep residents safe in their homes, today, the U.S. Department of Housing and Urban Development (HUD) announced that it will award $10 million to 65 Public Housing Agencies (PHAs) in 32…
FHFA: Input Requested on Application Process for Federal Home Loan Bank Affordable Housing Program
The Federal Housing Finance Agency (FHFA) today issued a Request for Input (RFI) on opportunities to improve the Federal Home Loan Banks’ (FHLBanks) processes for members and project sponsors to apply for Affordable Housing Program (AHP) funding. “FHFA’s efforts to streamline the AHP application process should improve the FHLBanks’ ability to provide much needed funding…
EDA: $3 Million Invested to Expand Workforce Training Opportunities in Pryor, OK
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to Oklahoma Ordnance Works Authority, Pryor, Oklahoma, to expand workforce training programs. This grant will support the construction of new classroom and laboratory space and the procurement of related equipment at the MidAmerica Center of…
EDA: $5.4 Million Invested to Support Workforce Development and Disaster Recovery in New Mexico
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $5.4 million in the state of New Mexico to support economic and workforce development following natural disasters in the state. The EDA investments announced today are: “President Biden is committed to ensuring all communities in New Mexico and across…
HUD: $10 Million in Grants Awarded to Combat the Homeownership Gap through Housing Counseling
Funding announced today will provide culturally sensitive and linguistically appropriate services for pre- and post-purchase housing counseling, helping Americans access affordable homes and boosting homeownership rates among historically underserved communities. Today, the U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling is announcing the award of $10 million in grant funding under…
HUD: Support Expanded for Housing Counseling Services in Tribal Communities
Final rule expands Tribal participation in HUD-approved housing counseling by removing unique impediments to counselor certification. Today, the U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling announced that it published a final rule outlining housing counselor certification requirements for housing counseling conducted in connection with the Indian Housing Block Grant (IHBG) and the…