HUD: $5.5 Million Awarded to HBCUs to Conduct Housing and Community Development Research
Funding a part of HUD efforts to diversify housing research Today, the U.S. Department of Housing and Urban Development (HUD) announced awards totaling $5.5 million for Historically Black Colleges and Universities (HBCUs) to Texas Southern University and North Carolina A&T University to establish or bolster existing Centers of Excellence (COE) that conduct housing and community…
CDFI Fund: Public Comments Requested on Community Development Entity Certification Application
The U.S. 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 continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the Community Development Financial Institutions Fund (CDFI Fund), U.S….
CDFI Fund: Application Demand for CY 2022 Round of NMTC Program Released
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that it received 197 applications for the calendar year (CY) 2022 round of the New Markets Tax Credit Program (NMTC Program). The NMTC Program advances economic development in economically distressed communities by making tax credit allocations available to Community Development…
Census Bureau: New Dashboard Released to Explore Impacts of Federal Broadband Investments on Local Communities
The U.S. Census Bureau, in partnership with the National Telecommunications and Information Administration (NTIA), today announced the launch of the ACCESS BROADBAND Dashboard. ACCESS BROADBAND stands for Advancing Critical Connectivity Expands Service, Small Business Resources, Opportunities, Access, and Data Based on Assessed Need and Demand Act. The new data tool shows how changes in broadband infrastructure…
HUD: $5.5 Million in Funding Opportunity Announced for Hispanic Serving Institutions
The U.S. Department of Housing and Urban Development (HUD) announced that it will make available $5.5 million for Hispanic Serving Institutions (HSIs) to establish research Centers of Excellence (COEs) to conduct housing and community development research. This funding opportunity will help strengthen capacity and invest in innovative and actionable research to address issues regarding housing, economic development,…
HUD: 2022 Year in Review
This year, Secretary Marcia L. Fudge led the U.S. Department of Housing and Urban Development (HUD) to bold action in pursuit of the agency’s mission to create strong, sustainable, inclusive communities and quality affordable homes. These actions aligned with key Biden-Harris Administration priorities, including easing the burden of housing costs, removing barriers to homeownership, expanding…
HUD: $4.4 Million in Choice Neighborhoods Planning Grants Announced
Grants will fund community-driven revitalization plans in high-poverty neighborhoods with distressed HUD-assisted housing. Today, U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge announced $4,409,000 in Choice Neighborhoods Planning Grants to nine communities across America. These grants of up to $500,000 each will bring together community partners to create comprehensive neighborhood revitalization…
HUD: Agency Seeking First-of-Its-Kind Input to More Equitably and Accurately Allocate Disaster Recovery Funds
Two new Requests for Information (RFIs) to mark inaugural feedback effort for Community Development Block Grant Disaster Recovery (CDBG-DR) funds The U.S. Department of Housing and Urban Development (HUD) today released two new Requests for Information (RFIs), marking the first time the Department has asked the public for feedback on how to simplify, modernize, and…
CDFI Fund: Updated NMTC Program Compliance FAQs Now Available
The Community Development Financial Institutions Fund (CDFI Fund) has provided an updated Frequently Asked Questions (FAQ) document for New Markets Tax Credit Program (NMTC Program) compliance on its website. This document supersedes the November 2021 publication of the FAQ document by adding, revising, or updating select questions from the earlier edition. Updates includes: Provides additional guidance on…
SBA: Statement on the Restaurant Revitalization Fund
Today, the U.S. Small Business Administration (SBA) issued the following statement regarding the status of the Restaurant Revitalization Fund. “This week, the U.S. Small Business Administration (SBA) began distribution of returned funding in the Restaurant Revitalization Fund (RRF) program, following the program’s closure in June 2021. In doing so, the SBA worked with the advice of the Department of…