CDFI Fund: Upcoming Window 3 CDFI Certification Deadline and Service Request Cutoff Announced
In June 2024, the Community Development Financial Institutions Fund (CDFI Fund) released the General Reapplication Submission Deadlines for the CDFI Certification Application for all Certified CDFIs. The third reapplication submission window, Window 3, closes on December 31, 2025. To avoid delays or loss of Certification, organizations must act now to prepare their submissions and resolve outstanding issues. Cut-off…
FHFA: U.S. Federal Housing Announces 2026 Multifamily Loan Purchase Caps for Fannie Mae and Freddie Mac
U.S. Federal Housing announced today that the 2026 multifamily loan purchase caps for Fannie Mae and Freddie Mac (the Enterprises) will be $88 billion for each Enterprise, for a combined total of $176 billion to support the multifamily market. To ensure a strong focus on affordable housing and underserved markets, U.S. Federal Housing will require…
HUD: Secretary Scott Turner Visits Atlanta to Witness How Opportunity Zones Are Spurring Growth, Expanding Housing Affordability
U.S. Housing and Urban Development (HUD) Secretary Scott Turner visited Centennial Yards in Atlanta, an expansive 50-acre mixed use development located within one of the city’s Opportunity Zones. Secretary Turner and stakeholders toured the site, including several new residential and commercial properties under construction, and met with key partners to discuss how the project is…
SBA: SBIC Program Delivers Record Capital in FY25
America First agenda fuels surge of investment in nation’s small businesses Today, the U.S. Small Business Administration (SBA) announced that the Small Business Investment Company(SBIC) program closed Fiscal Year 2025 (FY25) with the largest level of investment capital in the program’s history. In total, the SBIC program reached $53 billion in combined private capital and SBA leverage, compared…
SBA: Shutdown Blocks SBA from Delivering $5 Billion to Small Businesses
10,000 Small Businesses Lost Access to SBA-Guaranteed Capital During Funding Lapse Today, the U.S. Small Business Administration (SBA) announced the cumulative impact of the federal shutdown on its small business lending programs. For fiscal year 2025 (FY25), the agency guaranteed a record 84,400 7(a) and 504 loans, delivering $45 billion to Main Street thanks to a historic demand for…
SBA: Over $6 Billion in Assistance Delivered to Disaster Survivors in FY25
Agency’s rapid, reliable support for disaster recovery aided 51,000 Americans and is now available to impacted Alaskans Today, on the heels of her latest disaster visit to the state of Alaska, U.S. Small Business Administration(SBA) Administrator Kelly Loeffler announced that the agency closed Fiscal Year 2025 (FY25) with $6 billion in assistance delivered to disaster survivors. Under the…
FEMA: Over $1 Billion in Federal Funding Announced to Secure the FIFA World Cup Games and Protect Americans
FEMA Issues FY 2026 Funding Opportunities for FIFA World Cup and Counter Unmanned Aircraft Systems (UAS) Grant Programs Today, the Federal Emergency Management Agency (FEMA) published the Fiscal Year (FY) 2026 Notices of Funding Opportunity for the Counter-Unmanned Aircraft Systems (C-UAS) Grant Program and the FIFA World Cup Grant Program. Through the FIFA World Cup…
SBA: Agency Delivers Record Capital to Small Businesses in FY25
America First agenda boosts small business optimism and growth Today, the U.S. Small Business Administration (SBA) announced that it will close Fiscal Year (FY) 2025 with the most capital ever delivered to small businesses thanks to a surge in demand and confidence under the leadership of President Donald J. Trump. In total, the agency has guaranteed 84,400…
CDFI Fund: First Awards for 2025 Announced to 56 Organizations Across US Who Will Receive Nearly $8.8 Million
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced that 56 organizations across the country will collectively receive nearly $8.8 million in Technical Assistance (TA) Awards under the fiscal year (FY) 2025 funding round. These awards reflect Treasury’s commitment to ensuring taxpayer dollars are used effectively and advancing economic…
SBA: $1.1 Million Awarded to Support Made in America Manufacturing
E2G Grants will fund training for small manufacturers in critical industries Today, the U.S. Small Business Administration (SBA) announced it has awarded $1.1 million in grants to three applicant organizations who will provide training and technical assistance to support small manufacturers in the SBA’s Empower to Grow (E2G) Program. These qualified awardees will deliver regional support to small manufacturers in critical…