SBA: Shawn Pensoneau Appointed to Office of Native American Affairs
Administrator Linda McMahon of the U.S. Small Business Administration announced the appointment of Shawn Pensoneau as the Assistant Administrator for the SBA’s Office of Native American Affairs. In this role, he will oversees the office’s collaboration with American Indians, Alaska Natives and Native Hawaiians who seek to create, develop and expand small businesses and ensure…
EDA: $4.4 Million Invested to Build Tribal Business Incubator in Minnesota
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.4 million grant to the Lower Sioux Indian Community of Morton, Minnesota, to support the construction of the Lower Sioux Intergenerational Cultural Incubator. According to grantee estimates, the project is expected to create 138 new jobs and…
EDA: $1 Million Invested to Help Diversify Coal Community Economies and Boost Workforce Opportunities in Crownpoint, NM
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to Navajo Technical University of Crownpoint, New Mexico, to build a Metrology and Materials Testing Center (MMTC) that will help diversify the Navajo Nations’ economy and train displaced workers in the energy sector. According…
CDFI Fund: U.S. Treasury Awards $202.2 Million to Support Economic Growth in Low-Income Communities
Funds to Support Community Development Investments in Distressed Rural, Urban, and Native Communities The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 302 Community Development Financial Institutions (CDFIs) $202.2 million in awards today. The awards, through the fiscal year (FY) 2018 round of the Community Development Financial Institutions Program (CDFI…
HUD: $12 Million Awarded to Assist Tribal Communities with Making Housing Safer
Funding to make low-income tribal housing safer and healthier WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today awarded more than $12 million in Healthy Homes Production grants to 13 Tribes and Tribal agencies to protect children and families from home health and safety hazards (see chart below). The grant funding announced…
CDFI Fund: Public Comment Request for CDFI Program and NACA Program Disability Funds Financial Assistance Application
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the Community…
CDFI Fund: Application Demand Released for FY 2018 CDFI Program and NACA Program
The fiscal year (FY) 2018 application round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) closed on April 4, 2018. The Community Development Financial Institutions Fund (CDFI Fund) received 538 applications from 485 organizations across the country requesting a total of $504.5 million. Specifically1: 432 organizations…
CDFI Fund: Public Comments Requested on CDFI Program and NACA Program Annual Compliance Reports
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the Community…
CDFI Fund: Important Reminders for FY 2018 CDFI Program and NACA Program Round Applicants
As a reminder for fiscal year (FY) 2018 Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) applicants, the deadline for online submission of the SF-424 through Grants.gov for this year’s CDFI Program and NACA Program funding rounds is Friday, March 2, 2018 at 11:59 PM ET. The deadline…
CDFI Fund: FY 2018 Funding Round for CDFI Program and NACA Program Opened
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2018 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program). The awards from these programs will support Community Development Financial Institutions (CDFIs) providing affordable financing and…