HUD: Additional Funding Announced to Support Residents During Ongoing Unit Repairs
HUD and the Biden-Harris Administration also announce efforts to reduce barriers to solar energy for lower income Americans Today, the U.S. Department of Housing and Urban Development (HUD) is announcing that the New York City Housing Authority (NYCHA) is receiving additional funding –over $37 million in Tenant Protection Vouchers in an effort to maintain a…
SBA: $3 Million in Cybersecurity Pilot Program Grants Awarded
Grants Awarded to Universities in South Dakota, Texas, and Washington State to Help Small Businesses Combat Emerging Cyber Threats Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, announced three new Cybersecurity Pilot Program Grant recipients will receive a total…
HUD: More Than $15 Million Announced to Prevent Youth Homelessness
Funding will support housing assistance for young Americans, formerly of foster care, who face homelessness Today, the U.S. Department of Housing and Urban Development (HUD) announced $15.4 million for two programs that support young Americans who are transitioning out of foster care and experiencing or at risk of experiencing homelessness. Through the Foster Youth to…
CDFI Fund: $5 Billion in New Markets Tax Credits Announced
Awards will Spur Economic and Community Development in Low-Income Urban, Rural and Tribal Communities Nationwide The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today announced $5 billion in New Markets Tax Credits that will spur investment and economic growth in low-income urban and rural communities nationwide. A total of 104…
CDFI Fund: $40.1 Million Awarded to Banks Investing in Severely Distressed Communities
Recipients Demonstrate Increased Lending and Services Exceeding $380 Million to Nation’s Most Economically Challenged Areas The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today announced $40.1 million in awards to 171 FDIC-insured banks through the fiscal year (FY) 2024 round of the Bank Enterprise Award Program (BEA Program), for increasing…
HUD: $87 Million Announced to Address Health Hazards in Public Housing
Funding will decrease the risk of long-term health complications from residential health hazards for Americans Today, the U.S. Department of Housing and Urban Development (HUD) announced more than $87 million for public housing agencies to evaluate and reduce residential health hazards in public housing, including lead-based paint, carbon monoxide, mold, radon, and fire safety. Through…
EDA: $5.3 Million Invested to Support Small Business Development and Expansion in West Virginia
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $5.3 million in the state of West Virginia to support locally-driven infrastructure, workforce development, and technical assistance strategies. The EDA investments announced today are: “The Biden-Harris Administration is investing in communities across West Virginia and the entire country because…
EDA: $3.9 Million Invested for Roadway and Water Infrastructure Improvements for Business and Job Growth in Texas
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $3.9 million in the state of Texas for roadway and water infrastructure improvements needed to support job growth in the state. The EDA investments announced today are: “The Biden-Harris Administration’s is investing in opportunity for the middle-class by building…
EDA: $3.2 Million Invested for Railway Infrastructure Improvements to Support Commercial Growth in Columbia, MS
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.2 million grant to the city of Columbia, Missouri, for railway infrastructure improvements needed to support commercial growth in the region. This grant will expand and improve the commercial freight rail corridor, increasing commercial activity throughout the region….
EDA: $2.4 Million Invested to Capitalize Revolving Loan Fund to Support Small Businesses in North Idaho
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the Panhandle Area Council in Hayden, Idaho, to capitalize a Revolving Loan Fund (RLF) to bolster small business development and expansion. This grant will support the growth of small businesses by providing them with the capital they need…