EDA: $2.8 Million Invested to Support Workforce Development Efforts in Klickitat County, WA
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.8 million grant to Klickitat County, Washington, to develop an aviation maintenance training facility at Columbia Gorge Regional Airport and provide related infrastructure improvements, including water, sewer, and electrical services. This project will provide the resources and…
EDA: $3.9 Million Invested in Support Entrepreneurship and Manufacturing
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $3.9 million in grants to support economic development efforts in communities in Missouri. Urban League of Metropolitan St. Louis, Inc., St. Louis, will receive a $2.7 million grant for construction of the Urban League Plaza and Innovation Center,…
EDA: $3.5 Million to Boost the Agriculture Industry and Workforce in LaSalle County, IL
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.5 million grant to Illinois Valley Community College (IVCC), Oglesby, Illinois, to construct a new agriculture education facility. This grant will allow IVCC to train and upskill agriculture workers, aid in the development of new technology, and develop…
EDA: $4.2 Million Invested to Boost Manufacturing Workforce Training Efforts in Northeast Ohio
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $4.2 million grant to the Lake County Community College District, Kirtland, Ohio, to renovate Lakeland Community College’s Industrial Skills Training Center for Advanced Manufacturing. This grant will help to diversify the local economy by expanding training opportunities for…
EDA: $5 Million Invested to Support Construction Trades Workforce Development in the Appalachian Region of Ohio
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $5 million grant to Belmont College, St. Clairsville, Ohio, for construction of a new building to house the construction trades program. This grant will support regional workforce development in the construction trades, preparing students for good-paying, in-demand jobs…
EDA: $5.3 Million Invested to Support Business Growth and Job Creation in West Virginia
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $5.3 million in grants to support West Virginia communities economically impacted by the declining use of coal and the coronavirus pandemic. Warm Springs Public Service District, Berkeley Springs, will receive a $3.2 million grant for water and sewer…
HUD: $5 Million Awarded to Modify and Repair Low-Income Veterans’ Homes
Funding Expected to Support 330 Veterans with Low Incomes and Disabilities The U.S. Department of Housing and Urban Development (HUD), in partnership with the U.S. Department of Veterans Affairs, today awarded $5 million in $1 million allotments to five non-profits in support of the Veterans Housing Rehabilitation and Modification Pilot Program (VHRMP). The awardees of…
HUD: FHA Expands Access to Homeownership for First-Time Homebuyers Who Have Positive Rental History
Addition of positive rental payment history in TOTAL Mortgage Scorecard assessment criteria supports greater opportunity for first-time homebuyers to qualify for affordable FHA-insured mortgage financing. The Federal Housing Administration (FHA) is announcing today that it will begin to permit inclusion of a first-time homebuyer’s positive rental payment history as an additional factor in the credit assessment performed…
HUD: Eighteen Public Housing Authorities Selected for New Asset Building Moving to Work Demonstration Cohort
Asset Building Cohort a Key Component of Secretary Fudge’s Economic Justice Agenda The U.S. Department of Housing and Urban Development (HUD) on September 27, 2022 announced the Asset Building cohort of the expansion of the Moving to Work (MTW) Demonstration Program. Through this cohort, HUD will evaluate asset building activities that encourage the creation and…
FHFA: House Price Index Down 0.6 Percent in July 2022; Up 13.9 Percent from Last Year
House prices fell nationwide in July, down 0.6 percent from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices rose 13.9 percent from July 2021 to July 2022. The previously reported 0.1 percent price increase in June 2022 remained unchanged. For the nine census divisions, seasonally adjusted monthly…