CDFI Fund: FY 2024 Bank Enterprise Award Program Funding Round Opens
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2024 funding round for the Bank Enterprise Award Program (BEA Program). Application materials are now available on the BEA Program page of the CDFI Fund’s websitein anticipation of the publication of the FY 2024 Notice of Funds…
CDFI Fund: CDFI Equitable Recovery Program Compliance FAQs Released
The Community Development Financial Institutions Fund (CDFI Fund) has published a Compliance Frequently Asked Questions (FAQs) document for the CDFI Equitable Recovery Program (CDFI ERP). This document helps to answer commonly asked compliance questions regarding the CDFI ERP Assistance Agreement. The CDFI ERP Compliance FAQ also incorporates the previously released CDFI ERP Demographic Data Guidance. …
SBA: 2023 THRIVE Program Winners Recognized
Cohorts from Puerto Rico and Seattle Will Be Honored at the National Small Business Week Ceremony in Washington, D.C. Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and voice in President Biden’s Cabinet for America’s more than 33 million small businesses, recognized the 2023 T.H.R.I.V.E. Emerging Leaders Reimagined cohort winners in Seattle and North Metro Puerto Rico…
SBA: 2024 Growth Accelerator Fund Competition Stage One Winners Announced with Up to $3 Million in Prizes Awarded
Competition Opens Doors for Underserved Entrepreneurs in Key Science and Technology Industries Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses and startups, announced the 2024 Growth Accelerator Fund Competition (GAFC) Stage One winners. Each received $50,000 in prize awards…
EDA: $18 Million Invested for Water Infrastructure Improvements to Support Economic Growth in Cleveland, GA
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding an $18 million grant to the city of Cleveland, Georgia, for water infrastructure improvements to support job creation and economic growth. This grant will support upgrades to the local wastewater treatment plant that will increase capacity, creating jobs and…
EDA: $2.1 Million Invested for Infrastructure Improvements to Support Manufacturing and Create Jobs in Clarksdale, MS
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.1 million grant to the Coahoma County Board of Supervisors in Clarksdale, Mississippi, for roadway and water infrastructure improvements to support manufacturing and job growth. This grant will support the local boat manufacturing sector, creating jobs and opportunities…
EDA: $1.5 Million Invested in California to Support Healthcare Workforce Development at the University of La Verne
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 University of La Verne in La Verne, California, to support healthcare workforce development. This grant will provide for the acquisition of lab equipment for the university’s new Health Careers Academy to support the…
FEMA: $117 Announced for Emergency Food and Shelter Program to Fight Hunger, Homelessness
Today, FEMA awarded $117 million to help fight hunger and homelessness in America, which will improve community responses by providing funding to numerous local organizations across the country to lift people out of dire conditions. Congress appropriated $117 million through the Department of Homeland Security Appropriations Act, 2024 to FEMA’s Emergency Food and Shelter Program…
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…