EDA: $2 Million Invested to Capitalize a Revolving Loan Fund and Support Small Businesses in Nashville, TN
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Greater Nashville Regional Council in Nashville, Tennessee, to capitalize and administer a Revolving Loan Fund (RLF) serving small businesses in thirteen counties throughout Northern Middle Tennessee. The RLF will support businesses facing obstacles…
EDA: $1.4 Million Invested to Support Aviation Workforce Development in Southeastern Utah
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.4 million grant to Carbon County, Utah, to support aviation maintenance workforce development in a region impacted by changes in the energy economy. This project will support the development of an aircraft maintenance technician training facility and hangar…
EDA: $1.3 Million Invested to Boost Workforce Training in Niagara County, NY
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to Niagara University in Niagara, New York, to bolster workforce development in the region. This grant will support the renovation of an existing building for use as a workforce training center focusing on vocational education…
CDFI Fund: Virtual Public Meeting of the CDFI Fund’s Advisory Board Rescheduled to July 31st
The meeting of the Community Development Advisory Board (the Advisory Board) originally scheduled for July 7, 2023, has been rescheduled for Monday, July 31, 2023, at 2:00 p.m. Eastern Time. This meeting will be conducted virtually. The recently established CDFI Certification Subcommittee will present its official recommendations during this public meeting. The function of the Advisory Board is…
FEMA: President Biden Approves Major Disaster Declaration for Maine
FEMA announced that federal disaster assistance has been made available to the state of Maine to supplement state, tribal and local recovery efforts in the areas affected by a severe storm and flooding from April 30-May 1. The President’s action makes federal funding available to state, tribal and eligible local governments and certain private nonprofit organizations…
FEMA: President Biden Approves Major Disaster Declaration for South Dakota
FEMA announced that federal disaster assistance has been made available for the state of South Dakota to supplement state, tribal and local recovery efforts in the areas affected by flooding that occurred from April 9 to May 5, 2023. Federal funding is available to state, tribal and eligible local governments, and certain private nonprofit organizations…
FEMA: SummerReady Webinars Scheduled to Discuss Extreme Heat Preparedness and Mitigation Projects
In support of FEMA’s first ever #SummerReady campaign, the agency will host two webinars this summer for state, local, tribal and territorial officials to help stakeholders promote preparedness and resilience against extreme heat events. The webinars will highlight the collective efforts across several federal agencies to address this issue and identify specific types of hazard mitigation…
HUD: $30 Million Available to State and Local Fair Housing Enforcement Partners
Funding to support and promote fair housing nationwide The U.S. Department of Housing and Urban Development (HUD) announced today that it made $29.5 million in noncompetitive funding available on June 14 to HUD’s state and local fair housing enforcement agencies across the country under its Fair Housing Assistance Program (FHAP). The FHAP is an intergovernmental partnership…
HUD: Public Housing Inspections to Begin Under New Rule to Strengthen Inspection Standards in HUD-Assisted and Insured Housing
NSPIRE Final Rule Effective July 1 for Public Housing, October 1 for remaining HUD Rental Assistance Programs As of July 1, the U.S. Department of Housing and Urban Development (HUD) has the authority to begin inspecting public housing under the Final Rule for the National Standards for the Physical Inspection of Real Estate (NSPIRE) after…
FHFA: Notice of Proposed Rulemaking Issued to Amend the Suspended Counterparty Program Regulation
Today, the Federal Housing Finance Agency (FHFA) announced that it is seeking comment on a proposed rule that would amend the Suspended Counterparty Program (SCP) regulation. The SCP regulation requires any of FHFA’s regulated entities to submit a report to FHFA if the regulated entity becomes aware that an individual or institution with which it…