Investments & Funding

HUD: $14.8 Million Transaction Closed to Build New Affordable Rental Homes in Chapel Hill, NC

Transaction supports the construction of 54 new affordable homes  CHAPEL HILL – Today, the U.S. Department of Housing and Urban Development’s Office of Multifamily Housing Programs announced the recent completion of a Rental Assistance Demonstration (RAD) transaction with the Town of Chapel Hill Department of Housing. Through the transaction, the Town of Chapel Hill contracted with…

HUD: $123 Million Made Available to Address Youth Homelessness

Funding will provide new housing opportunities and improve community response systems to end youth homelessness. Today, the U.S. Department of Housing and Urban Development (HUD) awarded $51.1 million in Youth Homelessness System Improvement (YHSI) Grants to 38 communities across 26 states, Puerto Rico, and Guam. See list of awardees here. Additionally, HUD released a $72 million funding…

EDA: $6.6 Million Invested for Water Infrastructure Improvements to Support Job Growth in Halifax County, VA

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $6.6 million grant to Halifax County, Virginia, for water infrastructure improvements needed to support job growth and economic development.  This grant will provide increased water service to the Virginia Motorsport Technology Park, creating jobs and opportunities in the…

EDA: $1.5 Million Invested to Strengthen the Healthcare Workforce at White Earth Reservation in Minnesota

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the White Earth Tribal and Community College in Mahnomen, Minnesota, to support healthcare workforce development.  This grant will provide mobile medical training units and related equipment to help nursing students prepare for good-paying, in-demand…

HUD: $78 Million Made Available to Help Homeless Veterans Find Permanent Housing

Today, The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) is making $78 million available in HUD-Veterans Affairs Supportive Housing (HUD-VASH) vouchers to Public Housing Agencies (PHAs) across the country, for over 7,000 vouchers. Through this program, HUD and VA’s mission is to end homelessness by assisting…

HUD: $44 Million Invested to Transform Residents’ Lives

HUD’s programs will be used to equip residents with the tools and resources they need to achieve financial stability, lower housing costs, and build generational wealth. The U.S. Department of Housing and Urban Development (HUD) today announced $44 million in Fiscal Year (FY) 2023 funding through the Family Self Sufficiency (FSS) Program and the Resident…

EDA: $2.6 Invested for Water Infrastructure Improvements to Support Healthcare and Workforce Development in Terrebonne Parish, LA

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.6 million grant to Terrebonne Parish Consolidated Government in Houma, Louisiana, for water infrastructure improvements to support healthcare and workforce development in the region.  This grant will design and construct a new water line to service the new…

EDA: $2.3 Million Invested for Roadway Infrastructure Improvements to Support Economic Growth in Ruidoso, NM

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to the Village of Ruidoso, New Mexico, for roadway infrastructure improvements needed to support business and economic growth. This grant will design the restructure of the U.S. Highway 70 and NM Highway 48 intersection to…

EDA: $637,147 Invested to Support Disaster Resiliency and Economic Growth in San Jose, CA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $637,147 grant to San Jose State University Research Foundation in San Jose, California, to strengthen the Moss Landing Marine Laboratory site against sea level rise and natural disasters, and to spearhead development of a working waterfront to serve as a commercial asset…

HUD: $150 Million Made Available for Affordable Housing in Tribal Communities

Funding focuses on the construction of new homes, housing rehabilitation, and support for low-income families across Indian Country. Today, the U.S. Department of Housing and Urban Development (HUD) announced the availability of $150 million in funding. This funding is designated for affordable housing projects benefiting low-income families in American Indian and Alaska Native communities through…