HUD: More Than $1.1 Billion Investment Unveiled for Affordable Housing Initiatives in Tribal Communities
The Department of Housing and Urban Development’s (HUD) Office of Native American Programs today announced more than $1.1 billion in Indian Housing Block Grant (IHBG) funding for eligible American Indian Tribes, Alaska Native Villages, and Tribally Designated Housing Entities (TDHEs) to support affordable housing projects in nearly 600 Tribal communities. “HUD is fully committed to…
Treasury: New Guidance Unlocks Economic Opportunity for Overlooked Communities Through Updated Opportunity Zones
The Working Families Tax Cuts Boosts Opportunity Zone Tax Incentive, Driving More Capital to Communities Across America The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released guidance for eligible communities across America to be designated as qualified opportunity zones (QOZs). Under President Trump’s Working Families Tax Cuts, the permanent renewal of the…
CDFI Fund: Public Comment Sought on the Bank Enterprise Award Program Application
The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the Community Development Financial Institutions Fund (CDFI Fund), U.S….
CDFI Fund: Public Comment Sought on Opportunity Zone Nomination Tool
The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites state government officials—such as State Chief Executive Officers—and members of the general public to comment on continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the Community Development Financial Institutions Fund (CDFI…
CDFI Fund: 2026 Transactional Level Report (TRL) Webinar Schedule Announced
The Community Development Financial Institutions Fund (CDFI Fund) will host a monthly Transaction Level Report (TLR) webinar. The TLR webinars are intended to serve as a forum for Certified and non-Certified Community Development Financial Institutions (CDFIs) to ask questions and discuss the TLR and its submission process. The sessions will cover the purpose of the…
SBA: Working Capital Pilot Program Delivers $150 Million to Support U.S. Manufacturing
Flexible Credit Line Supports Expansion and Job Creation Today, the U.S. Small Business Administration (SBA) announced a major milestone for its 7(a) Working Capital Pilot (WCP) Program, which has delivered more than $150 million in new lending since its inception – of which more than $125 million was approved since President Trump took office last January. The success of the…
HUD: FHA Facilitates Financing for New Hospital in Indian Land, SC
$251.2 million FHA-insured supplemental mortgage delivers capital for Medical University of South Carolina (MUSC) to offer new access to quality acute care hospital services for residents in Northern Lancaster County, SC. Today, the U.S. Department of Housing and Urban Development’s Federal Housing Administration (FHA) announced that it has recently closed a transaction to insure a…
CDFI Fund: 2026 CDFI Certification Monthly Webinar Schedule Announced
The Community Development Financial Institutions Fund’s (CDFI Fund’s) monthly Community Development Financial Institution (CDFI) Certification webinars are intended to serve as a forum for potential CDFI Certification Applicants, Certified CDFIs, and other CDFI Certification stakeholders to ask questions and discuss CDFI Certification and the CDFI Certification process. The webinars are open to the general public…
SBA: Growth in Demand for Manufacturing Drives Record Surety Bond Guarantees in FY25
SBA Backs Historic $10.6 Billion in Contract Value Today, the U.S. Small Business Administration (SBA) announced that its Surety Bond Guarantee (SBG) Program delivered record results in fiscal year (FY) 2025 with $10.6 billion in guarantees, marking the strongest year in the program’s history. In FY25, the program supported more than 2,200 small businesses – especially those within the construction,…
HUD: More Than $4 Million Made Available to Help Communities Eliminate Lead Exposure in Homes
U.S. Housing and Urban Development (HUD) Secretary Scott Turner today announced more than $4,400,000 in Lead Hazard Reduction Capacity Building grants are available to communities to help strengthen their capacity to control lead-based paint hazards in privately owned rental and owner-occupied housing. “At HUD, we are focused on expanding affordable housing for hardworking Americans that…