Industry News

HUD: Grant to the Global Forum for Freedom and Justice Announced

U.S. Housing and Urban Development Secretary Ben Carson announced a $2.9 million dollar grant to the Global Forum for Freedom and Justice to conduct a feasibility study to determine the best location in Birmingham, Alabama to construct the “international gathering place focused on leadership, education, innovation and understanding, placed upon the sacred soil that gave…

EDA: $2.9 Million Invested to Support Establishment of the Global Forum for Freedom and Justice in Birmingham, AL

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.9 million grant to the Global Forum for Freedom and Justice, Washington, D.C., to develop a feasibility study to determine where to establish the Global Forum for Freedom and Justice in Birmingham, Alabama. “The United States was…

EDA: $6.4 Million Invested to Improve Water Treatment Infrastructure in Pembroke, NC Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $6.4 million grant to the town of Pembroke, North Carolina, to make critical wastewater infrastructure improvements needed to protect and support the community and its businesses. The EDA grant, to be located in a Tax Cuts and Jobs…

EDA: $4.5 Million Invested to Boost Wastewater Capacity in Greenville, NC Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.5 million grant to the Greenville Utilities Commission, Greenville, North Carolina, to make wastewater system infrastructure improvements needed to support the growth of the region’s healthcare sector and other businesses. The EDA grant, to be located in…

HUD: Millions in Rental and Housing Assistance for Veterans in Need Announced

HUD-VASH vouchers to help veterans at-risk of homelessness The U.S. Department of Housing and Urban Development (HUD) today announced it is awarding $46 million in rental assistance and housing vouchers to help veterans at risk of experiencing homelessness. The supportive housing assistance is provided through the HUD-Veterans Affairs Supportive Housing (HUD-VASH) Program, which combines rental…

FHFA: COVID-Related Loan Flexibilities Further Extended Until January 31st

The Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac (the Enterprises) will extend several loan origination flexibilities until January 31, 2021. The changes are to ensure continued support for borrowers during the COVID-19 national emergency. The flexibilities were set to expire on December 31, 2020. Extended flexibilities include: Alternative appraisals on…

EDA: $2.6 Million Invested to Make Sewer Infrastructure Improvements in Dublin, GA Opportunity Zone

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 the city of Dublin, Georgia, to provide expanded and reliable sanitary sewer service to the Dublin-Laurens County South Industrial Park. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone,…

EDA: $2 Million Invested to Expand Business Incubator in Stateboro, GA 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 Downtown Statesboro Development Authority, Statesboro, Georgia, to boost business growth and resiliency efforts by expanding the City Center Business Incubator. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity…

EDA: $1.7 Million Invested to Create Broadband Network to Support Business Growth in Montgomery City, MO Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to Montgomery City, Missouri, to construct a broadband fiber network to serve local businesses. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be matched with $421,681 in local…

EDA: $3.6 Million Invested to Make Water System Improvements in Springfield, KY

 Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.6 million grant to the city of Springfield, Kentucky, to make water infrastructure improvements to boost the Springfield Water and Sewer Commission’s capacity to meet current and future needs of its residential, commercial, and industrial water customers…