Investments & Funding

HUD: Officials Highlight Climate Resilience Funding Opportunities in Puerto Rico & US Virgin Islands

During a roundtable event, HUD officials shared information about the Green and Resilient Retrofit Program to over 150 participants, showcasing a new source of federal funding for affordable housing rehabilitation focused on energy efficiency and climate resilience. This week, the U.S. Department of Housing and Urban Development (HUD) hosted a bilingual roundtable about HUD’s Green and…

HUD: Nearly $13 Million in Funding Available for Public Housing Agencies to Help Youth Aging Out of Foster Care

HUD encourages agencies to apply in efforts to prevent youth homelessness. Today, the U.S. Department of Housing and Urban Development (HUD) announced that it will make available $12,746,450 to public housing authorities (PHAs) on a competitive basis through HUD’s Foster Youth to Independence (FYI) Initiative to provide housing assistance to young adults transitioning out of…

EDA: $2.3 Million Invested for Infrastructure Improvements to Support Job Growth in Columbia, LA

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 Port of Columbia in Columbia, Louisiana, for infrastructure improvements to spur private investment and create jobs in the region. This grant will support construction of an emergency staging area to serve as a…

EDA: $2 Million Invested for Water Infrastructure Improvements to Support Business Expansion and Job Growth in North Central Illinois

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Peru, Illinois, for water infrastructure improvements to support business expansion and job growth in the region.  This grant will provide increased water and sewer access to 50 local businesses through the…

EDA: $752,000 Invested to Support the Agriculture Production Sector in Martin County, Kentucky

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $752,000 grant to Community at the Core, Inc. in Debord, Kentucky, to support growth of the agriculture production sector. This grant will support the procurement of production equipment at a new apple sorting facility. This EDA investment will be matched with $188,000…

CDFI Fund: $18 Million Awarded to Support Consumer Access to Financial Institutions Through the CDFI Small Dollar Loan Program Awards

Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded $18 million in grants to Certified Community Development Financial Institutions (CDFIs) through the combined fiscal year (FY) 2023 and (FY) 2024 round of the Small Dollar Loan Program (SDL Program). “These important awards enable more Certified CDFIs to offer alternatives…

FEMA: $300 Million in Direct Funding Announced for Communities Receiving Migrants and $340 Million for a New Competitive Awards Process

Today, the Department of Homeland Security (DHS), through FEMA and the U.S. Customs and Border Protection (CBP), announced $300 million in grants through the Shelter and Services Program (SSP), which was authorized by Congress to support communities that are providing services to migrants. Two hundred seventy-five million dollars will be distributed in the first allocation, and the…

EDA: $2.4 Million Invested for Building Renovations to Support Workforce Development in Edinburg, TX

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the University of Texas Rio Grande Valley in Edinburg, Texas, to support workforce development in the region. This grant will support construction of a business incubation center, providing training, services, research and data to…

HUD: Nearly $70 Million in Grants Announced to Protect Families from Home Health and Safety Hazards

Funding helps vulnerable residents by fixing housing-related health and safety hazards, establishing sustainable local programs, and supporting key research to identify and mitigate these hazards. The U.S. Department of Housing and Urban Development (HUD) today announced nearly $70 million in grants across the country that will help transform communities by fixing older housing, preserving affordable…

HUD: $10 Million Funding Opportunity Announced for Community Revitalization Efforts

HUD’s signature program will focus on investing resources in housing, people, and neighborhoods nationwide. Today, Acting Secretary of the U.S. Department of Housing and Urban Development (HUD) Adrianne Todman announced a new notice of funding opportunity through the FY24 Choice Neighborhoods Planning Grant that will provide $10 million to support local planning efforts to revitalize communities….