HUD: Over $75 Million in Loan Guarantees Announced for Public Safety, Facility Improvements, Economic Development and Housing Projects
Today, the U.S. Department of Housing and Urban Development (HUD) awarded a total of $75 million in loan guarantee commitments to the cities of Omaha, Nebraska, Oakland, Fresno, and Redding in California. This funding will enable transformative investments in housing, community facilities, and economic development. “The Biden-Harris Administration and HUD are committed to building and…
CDFI Fund: $321.2 Million in Capital Magnet Fund Awards Announced to Support Affordable Housing
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 52 organizations $321.2 million today for the development of affordable housing and community facilities serving low-income individuals, families, and communities. These awards were made through the fiscal year (FY) 2023 round of the Capital Magnet Fund (CMF), and will support financing…
HUD: $160.1 Million in Grants Awarded to Create and Preserve Affordable Housing for Low-Income Seniors
Funding supports the creation and rehabilitation of affordable multifamily rental housing and project-based rental assistance to help provide independent living options for low-income seniors The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced today that it has awarded $160.1 million in grants to non-profit organizations across the country to…
HUD: $13.5 Million Funding Opportunity Announced to Expand Access to Affordable Homeownership
Today, the U.S. Department of Housing and Urban Development (HUD) announced the availability of $13.5 million through the Self-Help Homeownership Opportunity Program (SHOP) for eligible national and regional non-profit organizations and consortia with experience providing or facilitating self-help housing opportunities. Read HUD’s Notice of Funding Opportunity (NOFO) at Search Grants. This funding opportunity aims to develop…
HUD: Over $30 Million Announced to Combat Housing Discrimination Nationwide
Grants will support fair housing education, outreach, testing, and enforcement activities The U.S. Department of Housing and Urban Development (HUD) announced that it is making $30,370,597 available to fair housing organizations across the nation working to fight housing discrimination. The funds will support a variety of activities, including fair housing education and outreach, testing and…
HUD: $10.5 Million Awarded to Hispanic Serving Institutions for Housing Research Centers
Grant funding supports HUD’s commitment to diverse and equitable housing solutions, empowering underserved communities through research. Today, the U.S. Department of Housing and Urban Development (HUD) announced $10.5 million in grant awards to four Hispanic Serving Institutions (HSIs) to establish research Centers of Excellence (COEs) to conduct housing and community development research. HUD made the announcement at…
EDA: $736,000 Invested for Tourism and Outdoor Recreation Development in Kane, PA
Today, the U.S. Economic Development Administration (EDA) is awarding a $736,000 grant to the Pennsylvania Wilds Center for Entrepreneurship in Kane, Pennsylvania, to develop and grow the region’s tourism and outdoor recreation sectors. This grant will produce six plans and a regional planning guide designed to support economic diversification in the region. This EDA investment…
EDA: $7.7 Million Invested for Flood Protection Infrastructure in Dubuque, IA
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $7.7 million grant to the city of Dubuque, Iowa, to make flood prevention infrastructure improvements needed to protect businesses from future flooding. This grant will expand and replace existing flood gates and pumps to reduce the impacts of…
EDA: $2.8 Million Invested to Boost Businesses and Grow Jobs in Missouri
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $2.8 million in the state of Missouri to make critical infrastructure improvements needed to support current and future business needs. The EDA investments announced today are: “President Biden’s Investing in America agenda is making sure communities in Missouri and…
EDA: $2.6 Million Invested for Infrastructure Improvements to Support the Automotive Manufacutring Industry in Tuskegee, AL
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.6 million grant to the Utilities Board of the City of Tuskegee, Alabama, for construction of a new electrical distribution substation. This grant will provide the necessary power to support the Tuskegee Commerce Park, currently in development, and…