Investments & Funding

EDA: $1.3 Million Invested to Boost Workforce Training in Niagara County, NY

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to Niagara University in Niagara, New York, to bolster workforce development in the region. This grant will support the renovation of an existing building for use as a workforce training center focusing on vocational education…

HUD: $30 Million Available to State and Local Fair Housing Enforcement Partners

Funding to support and promote fair housing nationwide The U.S. Department of Housing and Urban Development (HUD) announced today that it made $29.5 million in noncompetitive funding available on June 14 to HUD’s state and local fair housing enforcement agencies across the country under its Fair Housing Assistance Program (FHAP). The FHAP is an intergovernmental partnership…

CDFI Fund: Program and Policy Input Requested on Capital Magnet Fund

The Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) requests public comments on how it can enhance and improve the impact of the Capital Magnet Fund (CMF), streamline or minimize the administrative burden on CMF Applicants and Award Recipients, as well as safeguard public funds. Information provided in response to this Request…

EDA: $2 Million Invested to Support Business and Job Growth in Adams County, OH

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Adams County Regional Water District in West Union, Ohio, for water infrastructure upgrades to serve the Winchester Industrial Park. This project will provide a 350,000-gallon water tank and water line that will provide…

EDA: $1.7 Million Invested to Boost Manufacturing Sector in Oxford, IN

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to the town of Oxford, Indiana, for water infrastructure upgrades to support manufacturing. This project will increase capacity and reliability of water service to meet the increased needs of a local pharmaceutical manufacturer, Oxford’s largest…

EDA: $700,00 Invested to Bolster Manufacturing and Health Workforce Development in Buena Vista County, IA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $700,000 grant to Iowa Central Community College in Fort Dodge, Iowa, to purchase equipment for workforce training programs at the college’s Storm Lake Regional Center in Buena Vista County. This project will support technical training programs in advanced manufacturing and welding, electrical…

HUD: $3.1 Billion Announced to Help People Experiencing Homelessness

In response to a growing homelessness crisis, HUD makes largest-ever single-year investment in communities’ homelessness response systems. The U.S. Department of Housing and Urban Development (HUD) today announced that it will provide more than $3.1 billion in competitive funding to homeless services organizations across the country for supportive services and housing programs for people experiencing…

EDA: Recompete Pilot Program Launches to Fund Opportunity in Distressed Areas

As part of the President’s Investing in America Agenda, the U.S. Department of Commerce seeks applications to revitalize communities by creating and connecting people to good jobs The Biden-Harris administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), today launched the Distressed Area Recompete Pilot Program (Recompete) competition.   Recompete was authorized by the CHIPS and…

HUD: $75 Million in Funding Available for Tribal Communities for Community Development

Funds support development of infrastructure and community facilities in Tribal Communities The U.S. Department of Housing and Urban Development (HUD) announced that it will make available $75 million through the Indian Community Development Block Grant (ICDBG) Program. Grant funds may be used for infrastructure, community facilities, housing rehabilitation, public services, economic development, and more to support Native…

EDA: $3 Million Invested to Establish Business Industrial Park in Vineland, NJ

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the city of Vineland, New Jersey, to support business growth and job creation through the development of a new industrial park. The EDA grant will provide support for infrastructure improvements, including a new service…