HUD: $25 Million Awarded to Stabilize Public Housing Agencies Facing Financial Shortfalls
The U.S. Department of Housing and Urban Development (HUD) awarded today $25 million to 157 public housing agencies (PHAs) experiencing or at risk of experiencing financial shortfalls. This Public Housing Operating Fund Shortfall funding, provided by the Fiscal Year 2023 Consolidated Appropriations Act, will enable PHAs to continue serving residents as they take steps to…
HUD: Funding Navigator Announced to Connect Program Participants to Billions of Dollars in Federal Funding and Tax Credits to Improve Carbon Reduction and Climate Resilience
Dynamic web-based resource navigator tool, which will assist program participants identity potential funding opportunities Today, the U.S. Department of Housing and Urban Development (HUD) announced its first-ever Funding Navigator, an interactive tool that allows the user to browse and sort funding opportunities for billions of dollars in funding available under the Inflation Reduction Act (IRA),…
SBA: Over $5 Million Announced to Support STEM, R&D-Focused Small Businesses
Growth Accelerator Fund Awards $150,000 to 35 Partnerships Across National Priority Areas Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s 33 million small businesses, announced the SBA’s 2023 Growth Accelerator Fund Competition Stage Two winners. Thirty-five award-winning accelerator partnerships will receive $150,000 each to help advance equitable investment…
HUD: $60 Million Awarded to Address Youth Homelessness in 16 Communities
Federal funding fuels housing solutions for vulnerable youth. The U.S. Department of Housing and Urban Development (HUD) awarded today $60.3 million to build systems to end youth homelessness in 16 communities across the country, including four rural communities. The funding was awarded through HUD’s Youth Homelessness Demonstration Program (YHDP) to support a wide range of…
HUD: $50 Million Funding Opportunity Announced to Provide Stable Housing to People with HIV and Their Families
The U.S. Department of Housing and Urban Development (HUD) is announcing $50 million in competitive funding available for Housing Opportunities for Persons With AIDS (HOPWA). The funding will be available to local governments, states, and nonprofit organizations via the HOPWA: Housing Interventions (HINT) to End the HIV Epidemic program. Achieving and maintaining stable housing can…
CDFI Fund: $70 Million Awarded to Banks through BEA Awards to Increase Investment in Severely Distressed Communities
Recipients Collectively Increased Lending and Services to Nation’s Most Distressed Areas by over $970 million The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today $70 million in awards to 184 FDIC-insured banks, through the fiscal year (FY) 2023 round of the Bank Enterprise Award Program (BEA Program), for increasing…
HUD: Nearly $30 Million Awarded to Local HIV/AIDS Housing Programs
Funding offers stable housing for individuals and families at risk of homelessness. The Office of HIV/AIDS Housing under the U.S. Department of Housing and Urban Development (HUD) has announced the allocation of $29,661,629 for Housing Opportunities for Persons With AIDS (HOPWA) Permanent Supportive Housing (PSH) Renewal and Replacement Grants. These grants assist with tenant-based rental…
EDA: $3 Million Invested to Support Manufacturing and Industrial Service Workforce Development Efforts in Scooba, MS
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to East Mississippi Community College in Scooba, Mississippi, to construct a new industrial training facility on campus. This grant will help prepare students for careers in the manufacturing and industrial service sectors, including electrical technology,…
EDA: $2 Million Invested to Support Business Expansion Efforts in Genesee County, MI
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Mundy Township, Michigan, for water, sewer, and road infrastructure upgrades in an industrial commercial corridor. This project will support existing manufacturing businesses, attract new private investment, and create jobs in healthcare, manufacturing, and technology…
EDA: $1.75 Million Invested to Expand Agribusiness Sector in Cass County, IN
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million grant to Cass County, Indiana, for road infrastructure upgrades at the Cass County Agribusiness Park. This project will increase business operations and provide continued industrial growth in a region impacted by changes in the energy…