HUD: More than $27 Million Awarded to Local HIV/AIDS Housing Programs
Funding offers stable housing for individuals and families at risk of homelessness The U.S. Department of Housing and Urban Development (HUD) today announced more than $27 million to assist thousands of low-income persons living with HIV/AIDS and their families over a three-year period. The funding announced today is offered through HUD’s Housing Opportunities for Persons with…
EDA: Historic $3 Billion Economic Development Investment in America’s Commnunities Announced
Historic investment from President Biden’s American Rescue Plan represents the largest economic development initiative in decades Communities across the country will be able to apply for funding immediately Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department of Commerce’s Economic Development Administration (EDA) will implement a series of programs, collectively called Investing…
EDA: $4.9 Million in CARES Act Recovery Assistance Invested to Support Kenosha Innovation Neighborhood Project in Kenosha, WI
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4.9 million CARES Act Recovery Assistance grant to the city of Kenosha, Wisconsin, for road and sewer infrastructure improvements at the 107-acre Kenosha Innovation Neighborhood project. This EDA grant, to be matched with $7.4 million in…
EDA: $2.4 Million in CARES Act Recovery Assistance Invested to Expand Broadband Infrastructure in Washtenaw County, MI
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million CARES Act Recovery Assistance grant to Ann Arbor SPARK, Ann Arbor, Michigan, to construct 20 miles of underground fiber optic cable in the cities of Ann Arbor and Ypsilanti to attract and retain high-tech…
EDA: $1.8 Million in CARES Act Recovery Assistance Invested to Create Revolving Loan Fund for Small Businesses in Cuyahoga County, OH
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million CARES Act Recovery Assistance grant to the Urban League of Greater Cleveland, Inc., Cleveland, Ohio, to capitalize and administer a Revolving Loan Fund (RLF) to provide critical gap financing to small businesses located in…
EDA: $1.1 Million in CARES Act Recovery Assistance Invested to Support Growth of Advanced Manufacturing, Life Sciences, and Technology Sectors in Fall River, MA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million CARES Act Recovery Assistance grant to the city of Fall River, Massachusetts, to support infrastructure upgrades needed to expand three local industrial parks that accommodate advanced manufacturing, life sciences and technology sector businesses. This…
EDA: $1 Million in CARES Act Recovery Assistance Invested to Create a Workforce Training Facility and Community Center in Espanola, NM
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million CARES Act Recovery Assistance grant to Rio Arriba County, New Mexico, to renovate a former charter school to create a pipefitting workforce training facility and a community center. This EDA grant, to be matched…
EDA: $642,500 Invested to Support Growth in Manufacturing Sector in Brunswick, ME
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $642,500 grant to the Midcoast Regional Redevelopment Authority, Brunswick, Maine, to make critical infrastructure improvements needed to support operations at the TechPlace manufacturing center. This EDA grant, to be matched with $160,625 in state and local funds, is expected to create 20…
HUD: $19 Million Made Available to Fight Housing Discrimination
Grants will support COVID-19 related fair housing enforcement activities The U.S. Department of Housing and Urban Development (HUD) announced today that it is making $19.4 million available to help HUD Fair Housing Initiatives Program (FHIP) agencies conduct activities that will address discriminatory housing practices related to the COVID-19 pandemic. The funds, which are provided through…
Federal Reserve: Board Statement on the Community Reinvestment Act
The Federal Reserve Board on Tuesday announced it is committed to working together with the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) to jointly strengthen and modernize regulations implementing the Community Reinvestment Act (CRA). “We are delighted to work together to develop a joint Notice of Proposed…