HUD: Over $39 Million Awarded to Protect Families from Home Health and Safety Hazards
Funding to make low-income families’ homes safer and healthier The U.S. Department of Housing and Urban Development (HUD) today awarded over $39 million to city, county, and Native American tribal governments, and non-profit organizations, in 15 states to protect children and families from home health hazards. HUD is providing these grants through its Healthy Homes…
EDA: $3.1 Million Invested to Support Economic Growth in Iberia Parish, LA
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.1 million grant to Sewerage District No. 1 of Iberia Parish, New Iberia, Louisiana, for wastewater infrastructure improvements to support business and research growth in the Acadiana region. This grant will support the design and construction of a…
EDA: $2.3 Million Invested to Support Boatyard Modernization at the Port of Port Townsend, WA
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 Port Townsend, Washington, to support the acquisition of critical maritime infrastructure needed to expand port operations. This grant will support the acquisition of a new, variable-width boat hoist with a 300-ton…
HUD: $150 Million in Funding Available to Tribal Communities for New Affordable Housing
Funds focus on new home construction in Tribal Communities. This past week, the U.S. Department of Housing and Urban Development (HUD) announced that it will make available $150 million in funding for affordable housing projects that benefit low-income families in American Indian and Alaska Native communities. “Strong investments in Tribal communities help ensure residents can…
EDA: $1.2 Million Invested to Support Tribal Disaster Planning in Southwest Washington State
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the Shoalwater Bay Indian Tribe, Tokeland, Washington, to prepare local infrastructure for natural disasters. This grant will support the development of a Master Community Relocation Plan to move Tribal facilities away from potential natural…
EDA: $888,789 Invested to Support Growth of Maritime Sector in Aleutians East Borough, AK
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $888,789 grant to the city of King Cove, Alaska, for critical infrastructure improvements needed to support the region’s fisheries industry. This grant will provide for a new mobile boat hoist necessary to increase capacity in the region’s essential fishing industry. This EDA…
HUD: Public Health Commitment Strengthened with New Radon Policy and $3 Million in Grants for Testing and Mitigation
Departmental policy mandates radon consideration in environmental reviews; grants aimed at safeguarding public housing residents from the second-leading cause of lung cancer. The U.S. Department of Housing and Urban Development (HUD) announced today the publication of its Departmental Policy for addressing Radon in the Environmental Review Process. With this policy, HUD increases its commitment to radon…
HUD: $40.25 Million Available for Housing Counseling Agencies
Grants will expand housing counseling services and provide comprehensive financial literacy, homeownership, and affordable housing support to underserved communities. The U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling announced today that $40.25 million in grant funding is available to support housing counseling services for homebuyers, homeowners, and renters. “Housing counselors across…
HUD: $174 Million Announced to Support Energy Efficiency and Climate Resilience for Thousands of Low-Income Households
Green and Resilient Retrofit Program grant and loan awards support improvements to HUD-assisted multifamily properties. As part of President Biden’s Investing in America agenda, a key pillar of Bidenomics, the U.S. Department of Housing and Urban Development (HUD) today announced it is awarding $173.9 million in new loans and grants under the Green and Resilient Retrofit…
FHFA: Increase in the Enterprises’ LIHTC Cap Announced
Projects must remain affordable for 30 years. Today, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will each be allowed to invest up to $1 billion annually in the Low-Income Housing Tax Credit (LIHTC) market as equity investors, beginning in 2024. The Enterprises will also adjust their LIHTC…