EDA: $4.5 Million Invested for New Airport Hanger in Support of Job Growth in Presque Isle, ME
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4.5 million grant to the city of Presque Isle, Maine, to construct a new research hangar, access road, and parking lot at Presque Isle International Airport. This project will support local job growth through the expansion of…
HUD: Nearly $1 Million Awarded to Keep Foster Youth Housed
17 Public Housing Agencies in 11 States Will Use Funding to Prevent Homelessness Among Youth Transitioning Out of Foster Care The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $1 million to 17 Public Housing Agencies (PHAs) in 11 states to provide housing assistance to youth who are transitioning out of foster…
HUD: $1.4 Million Awarded for Research on Renter Outcomes During Disaster Recovery
The U.S. Department of Housing and Urban Development (HUD) today announced the awarding of $1.4 million in funding for research on outcomes of renter households during various phases of disaster recovery. Two awardees, The Urban Institute and Horne, LLP, will receive the funds under the (FY2022) Notice of Funding Opportunity (NOFO). “Disasters often result in…
HUD: $9 Million Awarded to Provide Rental Assistance to Native American Veterans Experiencing Homelessness
The U.S. Department of Housing and Urban Development (HUD) today awarded 28 Tribal HUD-Veterans Affairs Supportive Housing (Tribal HUD-VASH) renewal awards, totaling more than $9 million, to provide rental assistance and supportive services to Native American Veterans experiencing or at risk of homelessness. “HUD is committed to serving Native American Veterans by ensuring that they…
CDFI Fund: FY 2022 CDFI Equitable Recovery Program Applications Due by September 22nd
As a reminder for fiscal year (FY) 2022 CDFI Equitable Recovery Program (CDFI ERP) Applicants, the deadline for online submission of the Application through the CDFI Fund’s Awards Management Information System (AMIS) is September 22, 2022 at 11:59 PM ET. To ensure a successful Application submission, the CDFI Fund encourages all FY 2022 CDFI ERP Applicants to…
EDA: Over $54 Million in American Rescue Plan Funds Invested Last Week
The following grants were made under the American Rescue Plan Funds program: September 13, 2022 – U.S. Department of Commerce Invests $6.7 Million in American Rescue Plan Funds to Support Tourism Sector Through Development of New Visitor Infrastructure in Matanuska-Susitna Borough, Alaska September 13, 2022 – U.S. Department of Commerce Invests $5.8 Million in American Rescue Plan…
EDA: $3.1 Million Invested to Support Business Development and Job Growth in North Carolina
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $3.1 million in grants to support business development and job growth in North Carolina communities impacted by the declining use of coal. Gateway Research Park Inc., Greensboro, will receive a $2.1 million grant to expand a manufacturing facility…
EDA: $4 Million Invested to Boost Workforce Development Efforts in Panola County, MS
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to Panola County, Mississippi, to renovate a former outlet mall building for use as a workforce training center that will serve North Mississippi. This project will help establish the Concourse, a vocational and technical…
HUD: $1.7 Million Loan Guarantee for Mount Vernon, WA Library Commons Project Announced
The U.S. Department of Housing and Urban Development (HUD) today announced a $1.7 million loan guarantee for the Library Commons Project in the City of Mount Vernon, Washington. The loan guarantee, offered through the Section 108 Loan Guarantee Program (Section 108), will be used to finance the development of a new multi-use municipal facility that…
HUD: $1 Million Loan Guarantee for Allentown, PA Minority-Owned Distillery Announced
The U.S. Department of Housing and Urban Development (HUD) today announced a $1 million loan guarantee for a distillery and manufacturing facility in Allentown, PA’s East Side. The loan guarantee, offered through the Section 108 Loan Guarantee Program (Section 108), will be used to finance the construction of a major new distillery for consumable beverages…