FHFA: Strategic Plan for Fiscal Years 2022 through 2026 Finalized
The Federal Housing Finance Agency (FHFA) today issued the FHFA Strategic Plan: Fiscal Years 2022-2026 (Strategic Plan). The Strategic Plan provides a framework that outlines the Agency’s priorities for the coming years as regulator of the Federal Home Loan Bank System and as regulator and conservator of Fannie Mae and Freddie Mac (the Enterprises). The Strategic Plan continues existing priorities…
EDA: $45 Million Available for FY22 “Build to Scale” Funding Opportunity to Strengthen Regional Innovation Hubs and Invest in Local Business Startups
Today, the U.S. Commerce Department announced the opening of the Economic Development Administration’s (EDA) FY22 Build to Scale (B2S) program, which is designed to invest in regional economies through scalable business startups. The Build to Scale program’s national competitions will deploy $45 million to further technology-based economic development initiatives that accelerate high-quality job growth, create more…
CDFI Fund: Request for Public Comment Issued on Collection of Qualitative Feedback on Agency Service Delivery
The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the Community Development Financial Institutions Fund (CDFI…
EDA: $7.3 Million Invested to Catalyze Maritime Sector Employment with New Industrial Park in Port Angeles, WA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $7.3 million grant to the Port of Port Angeles, Washington, to support construction of a new industrial park. This project will catalyze the creation of good-paying jobs in the maritime services sector by developing the infrastructure…
EDA: $1.1 Million in CARES Act Recovery Assistance Invested for Biotechnology Expansion to Develop Treatments for COVID-19 in Brooklyn, NY
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million CARES Act Recovery Assistance grant to BioBAT, Inc., Brooklyn, New York, for the renovation of workspace designated for two biotechnology companies. This investment will support the development of products to treat COVID-19 and will…
ABA: Instagram Voting Opened for National “Lights, Camera, Save!” Teen Video Contest
Cast your vote on ABA’s Instagram page beginning April 13 The American Bankers Association Foundation today kicks off its Lights, Camera, Save! social media contest via ABA’s Instagram page to allow people to vote for their favorite video entry submitted by teens from across the country. Lights, Camera, Save!, now in its 12th year, is a national…
HUD: First-Ever HUD-Held Single Family Note Sale Announced Exclusively for Mission-Driven Nonprofits and State or Local Governments
June 8 competitive bid sale of approximately 1,450 vacant property notes furthers Biden-Harris Administration objectives to return more properties to future owner-occupancy. The U.S. Department of Housing and Urban Development’s Office of Asset Sales announced on Tuesday that it will conduct a competitive bid HUD-held vacant note sale (HVLS 2022-2) on June 8, 2022. The sale…
EDA: $7.3 Million Invested to Help Get Employees to Work in North Slope Borough, AK
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $7.3 million grant to the North Slope Borough, Alaska, for transportation infrastructure. Recent climate-linked flooding has disrupted the only existing route to Ilisagvik College and the Barrow Arctic Research Center. This project will support community resiliency…
EDA: $2.8 Million Invested to Support Clean Energy Business Development in Paulsboro, NJ
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.8 million grant to Paulsboro, New Jersey, to expand the Paulsboro Water Treatment Plant in support of business development and job growth in the offshore wind industry. This project will provide the wastewater infrastructure capacity needed…
EDA: $2 Million Invested to Support Business Growth in Laurens, SC
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 Laurens County Water and Sewer Commission, Laurens, South Carolina, for sewer infrastructure upgrades to service a prime industrial corridor. This project will promote job creation through sewer upgrades necessary for business…