EDA: $2.9 Million in CARES Act Recovery Assistance Invested to Build Broadband Infrastructure to Serve Businesses and Residents in Farmersville, TX
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.9 million CARES Act Recovery Assistance grant to the city of Farmersville, Texas, to build new fiber optic broadband infrastructure to support businesses and residents. This EDA grant will be matched with $727,203 in local funds….
EDA: $2 Million in CARES Act Recovery Assistance Invested for Rail Expansion to Support Manufacturing Sector in Wynne, AR
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to the city of Wynne, Arkansas, to construct a new industrial rail spur facility to support local manufacturers. This EDA grant, to be matched with $500,000 in local funds,…
EDA: $1.2 Million in CARES Act Recovery Assistance Invested for Rail Port Improvements to Support Businesses and Create Jobs in Lubbock, TX
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million CARES Act Recovery Assistance grant to the Lubbock Economic Development Alliance, Lubbock, Texas, for enhancements to the Lubbock Rail Port, supporting job creation and business expansion. This EDA grant, to be matched with $1.2…
EDA: $1.1 Million Invested to Support Healthcare Workforce Programs to Benefit Coal Communities in Western Colorado
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million grant to Colorado Mesa University (CMU), Grand Junction, Colorado, to provide equipment and technology to support physician’s assistant, physical therapy, and occupational therapy degree programs. This EDA grant will be matched with $280,495 in…
HUD: Over $15 Million Awarded in Research Grants to Reduce Housing-Related Health Hazards and Improve Energy Efficiency
Funding to improve methods to identify and control key residential hazards The U.S. Department of Housing and Urban Development (HUD) today awarded $15.7 million to 18 universities, public health, and housing organizations to conduct housing-related hazard and energy efficiency research studies. Provided through HUD’s Office of Lead Hazard Control and Healthy Homes (OLHCHH), the research…
CDFI Fund: FY 2021 Funding Round Opened for the Bank Enterprise Award Program
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2021 funding round for the Bank Enterprise Award Program (BEA Program). Application materials are now available on the BEA Program page of the CDFI Fund’s websitein anticipation of the publication of the FY 2021 Notice of Funds…
EDA: $3.6 Million Invested to Establish a Manufacturing Workforce Training Center in Cleveland, OH
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.6 million grant to the Workroom Program Alliance and the Cleveland Municipal School District., Cleveland, Ohio, to renovate a 33,000-square-foot space within Cleveland’s Collinwood High School for use as an adult technical training and workforce development…
FHFA: Changes Announced to Common Securitization Solutions Board Structure
The Federal Housing Finance Agency (FHFA) today announced that Common Securitization Solutions (CSS) is undertaking a series of actions to better align its corporate governance structure with its core mission of supporting the infrastructure for Fannie Mae and Freddie Mac (the Enterprises) mortgage-backed securities issuance. Matthew Feldman has been named Chairman of the Board of…
CDFI Fund: 2020 ACR Summary Reported Released
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today released a summary snapshot report from the fiscal year (FY) 2020 Annual Certification and Data Collection Report (ACR) reporting cycle. Community Development Financial Institutions (CDFIs) must submit an ACR on an annual basis within 90 days of the end of their…
EDA: $13.1 Million Invested to Support Disaster Recovery Efforts in Iowa
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $13.1 million in grants to help the state of Iowa recover from recent natural disasters. “President Biden is dedicated to using the full power of the federal government to help communities recover and rebuild following natural disasters,”…