New Interactive Map Highlights Digital Divide The U.S. Census Bureau announced the release of the Digital Equity Act Population Viewer, an interactive collection of maps that highlight various demographics and broadband internet availability and adoption by state. The maps help policymakers plan and implement digital inclusion and equity programs under the […]
Insurance endorsement provided by FHA supports substantial rehabilitation of 32 units serving 55+ residents at 30%, 45%, 50%, and 60% of the area median income. The Federal Housing Administration (FHA) announced on May 13, that it has closed on a $8.2 million mortgage insured under FHA’s 221(d)(4) Substantial Rehabilitation program […]
FEMA announced federal disaster assistance has been made available to the state of Rhode Island to supplement state and local recovery efforts in areas affected by a severe winter storm and snowstorm from Jan. 28-29, 2022. The President’s action makes federal funding available to state, tribal and eligible local governments, […]
The U.S. Department of Housing and Urban Development (HUD) announced over $1.4 million in housing assistance through the Foster Youth to Independence (FYI) initiative for youth transitioning out of foster care who are experiencing or at risk of experiencing homelessness. May marks National Foster Care Month, a time to renew […]
Acting Comptroller of the Currency Michael J. Hsu today discussed the Office of the Comptroller of the Currrency’s efforts to reduce barriers to homeownership and promote financial inclusion in remarks at the Asian Real Estate Association of America Diversity and Fair Housing Summit. The Acting Comptroller highlighted the work of Project […]
The Federal Housing Finance Agency (FHFA) today announced its membership in the Network of Central Banks and Supervisors for Greening the Financial System (NGFS). Recognizing the increasing risk to property from climate change, including severe structural damage caused by hurricanes, tornadoes, floods, droughts and wildfires, FHFA Acting Director Sandra L. Thompson […]
U.S. Department of Agriculture (USDA) Rural Development Under Secretary Xochitl Torres Small and U.S. Economic Development Administration (EDA) Assistant Secretary Alejandra Y. Castillo today released a joint resource guide to help community organizations access USDA and EDA resources to build strategies to boost economic development in rural America. “America’s rural communities are […]
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $7 million grant to the Port of Port Townsend, Washington, to fund the replacement of the Point Hudson Breakwaters. This project will restore storm-damaged maritime infrastructure needed to develop the economic […]
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Akron, Ohio, to expand and renovate its Bounce Innovation Hub, a business incubator facility. This investment will support more than 60 start-up businesses and […]
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the town of Goldsby, Oklahoma, to build a wastewater infrastructure system. This grant will provide a sanitary sewer system to support industry and business development in the […]