EDA: $2 Million Invested to Capitalize a Revolving Loan Fund and Support Small Businesses in Nashville, TN
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Greater Nashville Regional Council in Nashville, Tennessee, to capitalize and administer a Revolving Loan Fund (RLF) serving small businesses in thirteen counties throughout Northern Middle Tennessee. The RLF will support businesses facing obstacles…
EDA: $1.4 Million Invested to Support Aviation Workforce Development in Southeastern Utah
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.4 million grant to Carbon County, Utah, to support aviation maintenance workforce development in a region impacted by changes in the energy economy. This project will support the development of an aircraft maintenance technician training facility and hangar…
EDA: $1.3 Million Invested to Boost Workforce Training in Niagara County, NY
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to Niagara University in Niagara, New York, to bolster workforce development in the region. This grant will support the renovation of an existing building for use as a workforce training center focusing on vocational education…
HUD: $30 Million Available to State and Local Fair Housing Enforcement Partners
Funding to support and promote fair housing nationwide The U.S. Department of Housing and Urban Development (HUD) announced today that it made $29.5 million in noncompetitive funding available on June 14 to HUD’s state and local fair housing enforcement agencies across the country under its Fair Housing Assistance Program (FHAP). The FHAP is an intergovernmental partnership…
CDFI Fund: Program and Policy Input Requested on Capital Magnet Fund
The Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) requests public comments on how it can enhance and improve the impact of the Capital Magnet Fund (CMF), streamline or minimize the administrative burden on CMF Applicants and Award Recipients, as well as safeguard public funds. Information provided in response to this Request…
EDA: $2 Million Invested to Support Business and Job Growth in Adams County, OH
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Adams County Regional Water District in West Union, Ohio, for water infrastructure upgrades to serve the Winchester Industrial Park. This project will provide a 350,000-gallon water tank and water line that will provide…
EDA: $1.7 Million Invested to Boost Manufacturing Sector in Oxford, IN
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to the town of Oxford, Indiana, for water infrastructure upgrades to support manufacturing. This project will increase capacity and reliability of water service to meet the increased needs of a local pharmaceutical manufacturer, Oxford’s largest…
EDA: $700,00 Invested to Bolster Manufacturing and Health Workforce Development in Buena Vista County, IA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $700,000 grant to Iowa Central Community College in Fort Dodge, Iowa, to purchase equipment for workforce training programs at the college’s Storm Lake Regional Center in Buena Vista County. This project will support technical training programs in advanced manufacturing and welding, electrical…
HUD: $3.1 Billion Announced to Help People Experiencing Homelessness
In response to a growing homelessness crisis, HUD makes largest-ever single-year investment in communities’ homelessness response systems. The U.S. Department of Housing and Urban Development (HUD) today announced that it will provide more than $3.1 billion in competitive funding to homeless services organizations across the country for supportive services and housing programs for people experiencing…
CDFI Fund: Public Data Released on CDFI Program Recipients through 2021
The Community Development Financial Institutions Fund (CDFI Fund) is releasing fiscal year (FY) 2021 data, which was reported in FY 2022 by active Community Development Financial Institutions (CDFI) Program and Native American Community Assistance (NACA) Program Financial Assistance (FA) Recipients via the CDFI Fund’s data collection system, known as the Annual Compliance and Performance Report…