EDA: $3.3 Million in CARES Act Recovery Assistance Invested to Support Manufacturing and Job Creation on the Fort Apache Indian Reservation
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $3.3 million CARES Act Recovery Assistance grant to the White Mountain Apache Community Development Corporation, Pinetop, Arizona, to improve the White Mountain Apache Timber Company (WMATCO) sawmill in Whiteriver. This project will support tribal entrepreneurship, diversify the local economy, and create jobs….
EDA: $1.6 Million Invested for Wastewater Treatment Upgrades to Service Expanding Microsoft Data Center Campus in Boydton, VA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the town of Boydton, Virginia, to upgrade the town wastewater treatment plant to service an expanding Microsoft data center campus and other business needs. This EDA project will provide the wastewater infrastructure…
HUD: HHS and HUD Expand Partnership and New Housing and Services Resource Center Announced
Partnership will improve access to affordable, accessible housing and supportive services Today, the U.S. Department of Health and Human Services (HHS) and the U.S. Department of Housing and Urban Development (HUD) announced the expansion of a partnershipestablished earlier this year to improve access to affordable, accessible housing and the critical services that make community living possible. The partners also announced…
EDA: $196 Million Announced to Accelerate Travel, Tourism and Outdoor Recreation Recovery from COVID-19 Pandemic
24 states and territories receive American Rescue Plan funding targeted at pandemic recovery U.S. Secretary of Commerce Gina M. Raimondo today announced that the Department’s Economic Development Administration (EDA) is awarding $196 million in American Rescue Plan State Travel, Tourism, and Outdoor Recreation grants to 24 states and territories. The funds are part of EDA’s $750 million…
CDFI Fund: $180.3 Million Awarded to Support CDFI Investment in Low-Income and Distressed Communities
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 265 Community Development Financial Institutions (CDFIs) $180.3 million in Financial Assistance (FA) awards today. The awards, through the fiscal year (FY) 2021 round of the Community Development Financial Institutions Program (CDFI Program) and the Native American CDFI Assistance Program (NACA Program),…
SBA: Members of the Council on Underserved Communities Announced
John W. Rogers Jr. and 14 Distinguished Leaders Appointed to Reconvened CUC will develop policy recommendations for American Indian, Alaska Native, Native Hawaiian, and other underserved small business owners Today, U.S. Small Business Administrator Isabella Casillas Guzman announced the leaders who will serve on the reconvened Council on Underserved Communities (CUC) authorized under the Federal Advisory Committee…
SBA: Plans Announced to Elevate the Office of Women’s Business Ownership
The proposed change reflects the importance of women entrepreneurs held by the Biden-Harris Administration and SBA Today, U.S. Small Business Administration Administrator Isabella Casillas Guzman announced that the SBA intends to elevate its Office of Women’s Business Ownership (OWBO) to directly report to the Office of the Administrator. Under Administrator Guzman, the SBA has expanded the number of Women’s…
CDFI Fund: Economic Mobility Corps Applications Due January 5, 2022
In September, the Community Development Financial Institutions Fund (CDFI Fund) announced the availability of up to $1.9 million in funding through the fiscal year (FY) 2022 round of the AmeriCorps CDFI Economic Mobility Corps (EMC), which is a joint initiative of the CDFI Fund and AmeriCorps that places full-time national service members in Certified Community Development Financial…
OCC: Academic Papers and Research on Climate Risk in Banking and Finance Solicited
The Office of the Comptroller of the Currency (OCC) is soliciting academic-focused papers and policy-focused research on climate risk in banking and finance for presentation to the OCC on June 6-7, 2022. Information presented will inform the OCC’s approach to developing climate-related financial risk management guidance for regulated institutions. The June meeting will provide a…
HUD: Additional $5.7 Million in American Rescue Plan Funds Made Available to Fight Housing Discrimination Related to the Coronavirus Pandemic
The U.S. Department of Housing and Urban Development (HUD) announced today that it is making an additional $5,757,663 in American Rescue Plan (ARP) funding available to help HUD Fair Housing Initiatives Program (FHIP) agencies combat housing discrimination related to the COVID-19 pandemic. Organizations that qualify for the funding, which is being awarded through FHIP’s Private…