Investment

EDA: $1.9 Million Invested to Support Business Growth in Tahlequah, OK

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.9 million grant to the city of Tahlequah, Oklahoma, for infrastructure improvements to support business expansion and job creation in the city’s business district.  This grant will enable the construction of new parking and support facilities including a…

EDA: $885,000 Invested to Establish Workforce Development Training Program in Lafayette, LA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $885,000 grant to the Lafayette Economic Development Authority, Lafayette, Louisiana, to establish a workforce development training program for in-demand industries at South Louisiana Community College.  This grant will support the establishment of Skills Up, a workforce training program focused on the manufacturing,…

HUD: Ginnie Mae Hosts Inaugural U.S.-Latin America Investor Roundtable

On Thursday, March 14, 2024, Ginnie Mae hosted its inaugural U.S.-Latin America Investor Roundtable at the U.S. Department of Housing and Urban Development headquarters in Washington, D.C. With support from the Inter-American Development Bank (IDB), the event brought together more than 150 in-person and virtual participants from throughout Latin America and the Caribbean to discuss…

EDA: $676,426 Invested for Water Infrastructure Upgrades to Support Job Growth in Longwood, FL

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $676,426 grant to the city of Longwood, Florida, for water infrastructure improvements to spur private investment and create jobs in the region. This grant will support stormwater system improvements in the Florida Commerce Industrial Park, recently flooded by Hurricanes Ian and Nicole….

CDFI Fund: Application Demand for FY 2024 Round of CDFI Program and NACA Program Released

The application period for the fiscal year (FY) 2024 funding round for the Community Development Financial Institutions Fund’s (CDFI Fund) Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) closed on February 15, 2024. In total, 948 organizations from across the country requested a combined level of approximately $1.55…

HUD: Nearly $70 Million Invested to Empower Tribal Communities Across the Nation

Grant funding supports development of housing, infrastructure, and community facilities. Today the U.S. Department of Housing and Urban Development (HUD) announced the allocation of nearly $70 million to 38 Tribal communities through the Indian Community Development Block Grant (ICDBG) program to support the development of housing for families living on Indian reservations and in other…

HUD: $2.75 Million Awarded to Train and Equip Skilled Housing Counseling Professionals

Awards will increase access to professional and effective housing counseling services. The U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling announced today it has awarded $2.75 million in grants to seven nonprofit organizations to fund training and education for current and prospective HUD-certified housing counselors. “Our nation’s housing counselors are important…

HUD: $10 Million Made Available to Support New Homebuyers and Bridge Wealth Gap

First of its kind Notice of Funding Opportunity will support housing counseling services for prospective homebuyers in underserved communities. The U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling has announced that $10 million in grant funding is available to eligible HUD-approved housing counseling agencies. These agencies will use the funding to prepare and…

EDA: $2.7 Million Invested for Roadway and Wastewater Improvements to Support Business Growth in Floyd, VA

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.7 million grant to the Economic Development Authority of Floyd County, Virginia, for roadway and wastewater infrastructure improvements to support business growth.  This grant will provide the infrastructure needed to support Phase 2 development of the Floyd Regional…

EDA: $2 Million Invested to Support Business Development and Job Growth in Newport, AR

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Newport, Arkansas, to support business growth and job creation in the region.  This grant will support a building renovation project to create 14,500 square feet of new office space. This EDA…