EDA: $600,000 Invested to Capitalize a Revolving Loan Fund to Support Small Businesses in Los Angeles County, CA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,000 grant to PACE Finance Corporation, Los Angeles, California, to capitalize a Revolving Loan Fund (RLF) to bolster small business development and expansion. This grant will provide access to capital as gap financing to enable small businesses to grow and generate new…
EDA: $600,000 Invested to Support Disaster Recovery and Resiliency Efforts in Lonoke, AR
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,000 grant to the Arkansas Association of Development Organizations Inc., in Lonoke, Arkansas, to support disaster recovery and resiliency efforts in the region. This grant will provide technical and long-term disaster recovery assistance in Arkansas counties affected by tornadoes in December 2021….
HUD: More Than $5 Million in New Investments Announced for Camden, NJ
New awards will support climate resilience and energy efficiency renovations. On Monday, September 9, 2024, U.S. Department of Housing and Urban Development (HUD) Acting Secretary Adrianne Todman traveled to Camden, New Jersey, to announce a $5,640,000 grant to Northgate II, a 402-unit affordable housing development in North Camden, to support significant energy efficiency and climate…
HUD: More Than $1 Million Announced to Reduce Radon Exposure in Connecticut and Ohio Public Housing
HUD Announces More than $1 Million to Reduce Radon Exposure in Connecticut and Ohio Public Housing New funds will improve the safety of almost 1,700 families and prevent toxic exposures that could lead to cancer WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced more than $1.1 million to two public housing…
HUD: $69 Million in New Investments Announced
New awards will support climate resilience and energy efficiency renovations. The U.S. Department of Housing and Urban Development (HUD) today announced $69.1 million in awards to properties across 10 states under its Green and Resilient Retrofit Program (GRRP) to support significant energy efficiency and climate resilience renovations in almost 2,000 homes. These Leading Edge grants and loans will increase…
HUD: Over $32 Million Awarded to Fight Housing Discrimination
Funding will support and promote fair housing nationwide. Today, the U.S. Department of Housing and Urban Development (HUD) awarded $31.7 million from its FY 2024 budget to support 75 fair housing organizations across the nation through the Fair Housing Initiatives Program (FHIP). These funds are being directed to second- and third-year multi-year grantees of the Private Enforcement…
HUD: Funding Announced to Support People Experiencing or at Risk of Homelessness in Iowa
Grant awards will increase homelessness prevention and services across Iowa after severe storms, flooding and tornadoes The U.S. Department of Housing and Urban Development (HUD) today announced $686,019 to the State of Iowa, and the City of Des Moines to support people experiencing homelessness after extreme weather events from May 2024. Funding from the Rapid…
HUD: More Than $8 Million Loan Guarantee Announced for Mount Vernon, NY Public Facilities Improvement Fund Project
The U.S. Department of Housing and Urban Development (HUD) today announced an $8,081,000 loan guarantee to the City of Mount Vernon, New York for the Mount Vernon Public Facilities Improvement Fund Project. Funds from HUD will allow the City of Mount Vernon to improve municipal facilities by making accessibility improvements that align with Americans with…
HUD: Nearly $4 Million Loan Guarantee Announced for Gordon Moore Park Improvement Project in Alton, IL
The U.S. Department of Housing and Urban Development (HUD) today announced a $3,916,000 loan guarantee to the County of Madison, Illinois for renovations to the Gordon Moore Park, a 704-acre public park with a wide variety of attractions, sports fields, and gardens. Through this new funding, the County, in partnership with the City of Alton,…
SBA: $1 Million Announced for Grant Awardees to Expand Resources for Veteran Entrepreneurs
Ohio, Pennsylvania, and Puerto Rico-based Grantees to Offer New Veterans Business Outreach Centers 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 34 million small businesses, announced more than $1 million in grant awards(Link is external) to three organizations in Ohio, Pennsylvania, and Puerto Rico. The…