Author: findCRA

HUD: $4 Million Awarded to Help Low-Income Veterans Rehabilitate Their Homes

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced $3.9 million in funding through the Veterans Housing Rehabilitation and Modification Pilot Program (VHRMP) to help make homes more accessible for disabled veterans. Through the VHRMP program, grantees will make necessary physical modifications to address the needs of…

EDA: $2 Million Invested to Expand Jonesboro Industrial Park in Jonesboro, AR Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Jonesboro, Arkansas, to make rail infrastructure improvements needed to support the expansion of the Jonesboro Industrial Park. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone,…

HUD: More Than $9 Million Awarded to Make Housing Safer for Tribal Communities

Funding to make low-income tribal homes safer and healthier The U.S. Department of Housing and Urban Development (HUD) today awarded more than $9 million in Healthy Homes Production grants to twelve tribes and tribal agencies to protect children and families from home health and safety hazards. “As a pediatric neurosurgeon I have seen firsthand the…

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in July 2020. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

CDFI Fund: Application Now Open for $1.9 Million in AmeriCorps Economic Mobility Corps Funding

AmeriCorps Providing Awards to Place National Service Members in CDFIs What is the Economic Mobility Corps? The Economic Mobility Corps (EMC) is a joint initiative of the Community Development Financial Institutions Fund (CDFI Fund) and AmeriCorps that places full-time national service members in Certified Community Development Financial Institutions (CDFIs) to enhance their capacity to provide financial literacy, financial planning,…

EDA: Over $24 Million in CARES Act Funding Invested to Support Recovery from Coronavirus Pandemic

The U.S. Department of Commerce’s Economic Development (EDA) administration has awarded millions in CARES Act Funding to support economic development and economic recovery in response to the coronavirus pandemic. Investments include: October 1, 2020 – U.S. Department of Commerce to Invest $15 Million in CARES Act Recovery Assistance to Aid Reopening of Economy in Washington State…

EDA: $2.6 Million Invested to Construct New Manufacturing Facility in Jackson County, FL

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million grant to Jackson County, Florida, to construct a building at the Jackson County Industrial Park to support manufacturing growth and boost county economic diversification and resiliency efforts. The EDA grant, to be matched with $2…

FEMA: President Trump Approves Major Disaster Declaration for North Dakota

FEMA announced that federal disaster assistance has been made available to the state of North Dakota to supplement state, tribal and local recovery efforts in the areas affected by severe storms and flooding from June 29 to July 1. Federal funding is available to the state, eligible local and tribal governments and certain private nonprofit…

FEMA: President Trump Approves Major Disaster Declaration for Delaware

FEMA announced that federal disaster assistance has been made available to the state of Delaware to supplement state and local recovery efforts in the areas affected by Tropical Storm Isaias from Aug. 4-7. Federal funding is available to the state, eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergency work…

FEMA: President Trump Amends Florida Major Disaster Declaration

FEMA announced that additional federal disaster assistance is available to the state of Florida as a result of Hurricane Sally on Sept. 14, and continuing. The additional assistance authorizes federal funding to affected individuals in Bay, Escambia, Okaloosa, Santa Rosa and Walton counties. Assistance can include grants for temporary housing and home repairs, low-cost loans…