Investments & Funding

HUD: Fraud-Filled Los Angeles Homelessness Funding Cut Off

Los Angeles Homeless Services Authority’s record of fraud, failure, and flagrant mismanagement has abused hundreds of millions of tax dollars per year. Following the HUD Office of Inspector General (OIG) opening an investigation, Secretary Scott Turner today announced the immediate suspension of the Los Angeles Homeless Services Authority (LAHSA), the lead agency for Los Angeles’…

HUD: $193 Million Made Available to Address Youth Homelessness

Funding will support communities in developing housing focused solutions to prevent and end youth homelessness The Department of Housing and Urban Development (HUD) is making $193 million in funding available to communities nationwide to prevent and address youth homelessness. “Every American should grow up in a safe and loving home. HUD is pleased to announce…

CDFI Fund: New TLR Submission AMIS Display and Associated Guidance Materials Launched

The Community Development Financial Institutions Fund (CDFI Fund) has released a new Transaction Level Report (TLR) submission and certification page in its Awards Management Information System (AMIS). This new display presents the TLR submission steps in a more user-friendly way for organizations completing their annual reporting requirements or applying for CDFI Certification. The new display…

CDFI Fund: Special Topic Webinar on Updated NMTC TLR User Experience in AMIS Scheduled for May 28th

The CDFI Fund will host a specialized webinar focused on Transaction Level Report (TLR) reporting requirements and considerations related to the New Markets Tax Credit Program (NMTC Program). This webinar is intended to provide NMTC stakeholders with additional guidance and an opportunity to ask questions related to the updated user AMIS interface for NMTC TLR…

EDA: U.S. Department of Commerce Announces $25 Million Notice of Funding Opportunity to Upskill American Workers in Using Artificial Intelligence

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced that it is making available approximately $25 million in funding as part of a new AI Upskill Accelerator Pilot Program. This initiative will support the design and implementation of artificial intelligence (AI) workforce training, helping to train workers and grow industries that are integral…

SBA: New $50 Million Grant Opportunity Announced to Support Made in America Manufacturing, Workforce Training

Manufacturing in America E2G Grants will fund training for small manufacturers in critical industries Today, the U.S. Small Business Administration (SBA) announced a new funding opportunity offering up to $50 million in grant awards to as many as 10 eligible applicant organizations who will provide training and technical assistance to support small manufacturers in the SBA’s Empower to Grow (E2G) Program. The Manufacturing…

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…