Industry News

EDA: $3 Million Invested to Support Business Attraction and Expansion Efforts in Southern Indiana

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the River Ridge Development Authority, Jeffersonville, Indiana, to connect two new water storage tanks to the five-county River Ridge Development Area. This grant will provide additional reliable water capacity for the River Ridge…

EDA: $1.2 Million Invested to Support Workforce Development in Central California

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to Fresno City College, Fresno, California, to procure supplies and training equipment for the West Fresno Advanced Training Center. This EDA investment will bolster Fresno City College’s ability to train and prepare students for…

HUD: $221 Million Announced to Tribal Communities for Affordable Housing and Community Development

The U.S. Department of Housing and Urban Development (HUD) today announced that it will make available $221 million in competitive funding for affordable housing and community development projects that primarily benefit low-to-moderate income persons in American Indian and Alaska Native communities. “The Biden-Harris Administration has made unprecedented investments in Tribal communities,” said Secretary Marcia L. Fudge. “This…

HUD: Affordable Rental Housing Community for Seniors in North Seattle, WA Completed Under Section 202 Grant Award

More than $3 million in HUD funding supported new construction and expansion of 82 homes serving residents age 62+ at 50% of the area median income. The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing is announcing today the completion of construction of Northaven West, a senior community in the Northgate…

HUD: Economic Justice Agenda Released to Help Low-Income Renters Build Assets

Bridging the Wealth Gap expands HUD’s work to help renters achieve financial well-being and homeownership through saving, credit building, and banking HUD also announces $113 million to help HUD-assisted families increase earned income and improve financial stability The U.S. Department of Housing and Urban Development (HUD) today released an agenda for economic justice that describes actions…

HUD: $33.3 Million Rental Assistance Demonstration Conversion Closed with Housing Authority of the City of Atlanta, GA

Transaction preserves 114 deeply affordable homes and 114 Low-Income Housing Tax Credit homes. The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing announced today that it has closed a Rental Assistance Demonstration (RAD) transaction with the Housing Authority of the City of Atlanta, Georgia, to preserve affordable housing at its 20-building Villages…

SBA: Local Blitz Launched Touting Opportunities for Small Businesses to Help Build the Future of America

Ahead of a newly announced proclamation by President Biden to celebrate American workers, products and services in recognition of Made in America Week, SBA officials and members of the small business community participated in a series of engagements for the SBA’s “Build America, Buy American Month of Action.” From op-eds and interviews in local media outlets to…

EDA: U.S. Department of Commerce Announces Winners of American Rescue Plan $500 Million Good Jobs Challenge

32 Regional Partnerships Receive Once-In-A-Generation Funding from the American Rescue Plan to Develop Training Programs that Support Local Economies and Place an Additional 50,000 Workers in Quality Jobs Today, U.S. Secretary of Commerce Gina Raimondo announced grant awards to 32 industry-led workforce training partnerships across the country as part of the $500 million Good Jobs Challenge funded…

HUD: $2.8 Billion Announced to Help People Experiencing Homelessness

Funding opportunity reflects Biden-Harris Administration’s commitment to equity and evidence-based solutions to homelessness Funding opportunity will also support local engagement to increase affordable housing supply The U.S. Department of Housing and Urban Development (HUD) today announced that it will provide $2.8 billion in competitive funding to homeless services organizations across the country for supportive services…

HUD: Draft Housing Assistance Payment Support Services Procurement Solicitation Published for Public Feedback

Draft solicitation contains proposal for future formal solicitation for Housing Assistance Payments (HAP) Contract support services supporting HUD Multifamily Assisted Housing Portfolio  The U.S. Department of Housing and Urban Development (HUD) today published a draft solicitation containing its proposal to formally procure contractors to provide Housing Assistance Payments (HAP) contract support services to HUD and service approximately…