Investment

EDA: $742,180 Invested to Expand Truck Driver Workforce Training Efforts in Fitzgerald, GA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $742,180 grant to Wiregrass Georgia Technical College in Fitzgerald, Georgia, to enhance their truck driver training program and support job creation in the region. This grant will bolster the aims of the Biden Administration’s Trucking Action Plan to grow and strengthen America’s…

FEMA: Nearly $3 Billion in Project Selections Announced to Help Communities Build Resilience to Climate Change and Extreme Weather Events

dditional Funding from the President’s Investing in America Agenda Enables Major Program Expansion, with 23 States Selected for the First Time WASHINGTON — Today, Homeland Security Secretary Alejandro N. Mayorkas, FEMA Administrator Deanne Criswell and Senior Advisor to the President and White House Infrastructure Coordinator Mitch Landrieu announced the project selections for nearly $3 billion in…

SBA: $8 Million in PRIME Grants Awarded to Help Micro-Entrepreneurs

Grants will help 32 organizations with program development and provide training and technical assistance to improve access to capital for economically disadvantaged microentrepreneurs Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses in President Biden’s Cabinet, announced the awardees for the 2023 Program for Investment in…

HUD: $138 Million Announced for Disaster Recovery in Alabama, California, and Georgia

Grants will be awarded to help communities recover, build resilience. Today, U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge announced the allocation of $138 million in Community Development Block Grant – Disaster Recovery (CDBG-DR) funds to provide additional help to communities recovering from three disasters, including California, Alabama, and Georgia. These…

HUD: Rapid Response Program Funding Announced to Support People Experiencing Homelessness in Maui

Grant will be awarded to state of Hawaii consisting of $1.3 million to help communities in Maui in wake of the wildfires. Today the U.S. Department of Housing and Urban Development (HUD) awarded $1.3 Million to the state of Hawai’i to support people experiencing homelessness – those living in an emergency shelter, transitional housing, or…

EDA: $2 Million Invested to Support Revitalization of Downtown Madawaska, ME

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the town of Madawaska, Maine, to redevelop the town’s downtown plaza. Revitalization of Madawaska’s downtown plaza, including the expansion of the Farmers Market, renovation of a vacant building to house co-working offices, and transportation…

EDA: $1.7 Million Invested to Expand Agricultural and Lineworker Workforce Training Programs in Christian County, MO

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to Ozarks Technical Community College in Springfield, Missouri, to construct a new workforce training facility on the Richwood Valley Campus in Christian County.  This grant will allow for expansion of the college’s agricultural industry and…

CDFI Fund: Summary Report and Public Data for NMTC Program for FYs 2003-2021 Released

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today released a summary report and data collected on all New Markets Tax Credit (NMTC) investments across the nation through the fiscal year (FY) 2021 reporting period. The CDFI Fund requires all Community Development Entities (CDEs) that have been awarded NMTC allocations…

SBA: Implementation Announced for Transformational SBIC Program Reforms

Reforms of SBA’s Small Business Investment Company Address Gaps in Equity and Debt Financing for Underserved and Undercapitalized Small Businesses Effective August 17 Administrator Isabella Casillas Guzman announced the U.S. Small Business Administration (SBA) Small Business Investment Company’s (SBIC) Diversification and Growth Final Rule is effective today. Under the new rule, which supports the Biden-Harris Administration’s economic and…

HUD: Nearly $140 Million Awarded to Protect Low-Income Families from Lead and Other Home Health and Safety Hazards

Funding to make low-income families’ homes safer and healthier. The U.S. Department of Housing and Urban Development (HUD) awarded today nearly $140 million to 36 state and local government agencies in 19 states to protect children and families from lead-based paint hazards and other home health hazards. HUD is providing these grants through its Lead-Based Paint…