Investment

EDA: $752,000 Invested to Support the Agriculture Production Sector in Martin County, Kentucky

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $752,000 grant to Community at the Core, Inc. in Debord, Kentucky, to support growth of the agriculture production sector. This grant will support the procurement of production equipment at a new apple sorting facility. This EDA investment will be matched with $188,000…

FEMA: DHS Announces $1.8 Billion in Disaster Preparedness Grants

Secretary of Homeland Security Alejandro N. Mayorkas today announced more than $1.8 billion in funding for eight fiscal year 2024 preparedness grant programs. These grant programs provide critical funding to help state, local, tribal and territorial officials prepare for, prevent, protect against and respond to acts of terrorism and disasters.      “As threats continue to evolve, the Department of…

CDFI Fund: $18 Million Awarded to Support Consumer Access to Financial Institutions Through the CDFI Small Dollar Loan Program Awards

Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded $18 million in grants to Certified Community Development Financial Institutions (CDFIs) through the combined fiscal year (FY) 2023 and (FY) 2024 round of the Small Dollar Loan Program (SDL Program). “These important awards enable more Certified CDFIs to offer alternatives…

FEMA: $300 Million in Direct Funding Announced for Communities Receiving Migrants and $340 Million for a New Competitive Awards Process

Today, the Department of Homeland Security (DHS), through FEMA and the U.S. Customs and Border Protection (CBP), announced $300 million in grants through the Shelter and Services Program (SSP), which was authorized by Congress to support communities that are providing services to migrants. Two hundred seventy-five million dollars will be distributed in the first allocation, and the…

SBA: Digital Hub Launches to Connect Small Businesses with Major Funding Under the Investing in America Agenda

Hub Details Billions of Dollars in Grants, Contracts, and Market Opportunities 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 launch of the SBA’s new Investing in America Small Business Hub, the first and only digital portal of its…

EDA: $2.4 Million Invested for Building Renovations to Support Workforce Development in Edinburg, TX

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the University of Texas Rio Grande Valley in Edinburg, Texas, to support workforce development in the region. This grant will support construction of a business incubation center, providing training, services, research and data to…

SBA: 2024 Small Business Investment Companies of the Year Recognized

Awardees from Connecticut and Pennsylvania to be Honored During National Small Business Week Ceremony in Washington, DC Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and voice in President Biden’s Cabinet for America’s more than 33 million small businesses, recognized Argosy Private Equity of Wayne, Pa. and Mizzen Capital, LP of Stamford, Conn. as the…

HUD: Nearly $70 Million in Grants Announced to Protect Families from Home Health and Safety Hazards

Funding helps vulnerable residents by fixing housing-related health and safety hazards, establishing sustainable local programs, and supporting key research to identify and mitigate these hazards. The U.S. Department of Housing and Urban Development (HUD) today announced nearly $70 million in grants across the country that will help transform communities by fixing older housing, preserving affordable…

HUD: $10 Million Funding Opportunity Announced for Community Revitalization Efforts

HUD’s signature program will focus on investing resources in housing, people, and neighborhoods nationwide. Today, Acting Secretary of the U.S. Department of Housing and Urban Development (HUD) Adrianne Todman announced a new notice of funding opportunity through the FY24 Choice Neighborhoods Planning Grant that will provide $10 million to support local planning efforts to revitalize communities….

EDA: $8.1 Million Invested to Support Workforce Development and Business Growth in Louisiana

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $8.1 million in the state of Louisiana to support workforce development and business growth. The EDA investments announced today are: “President Biden is committed to ensuring that all communities in Louisiana and across the country have the resources needed…