EDA: $1.2 Million Invested for Roadway Infrastructure Improvements to Support Business Growth in Superior, CO
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 town of Superior, Colorado, for roadway infrastructure improvements needed to support business growth in the region. This grant will improve a road damaged in the 2021 Marshall Fire to provide greater access to…
EDA: $947,200 Invested to Expand Healthcare Workforce Training in Brookings, SD
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $947,200 grant to South Dakota State University in Brookings, South Dakota, to bolster healthcare workforce development in the region. This grant will support the development of a state-of-the-art healthcare simulation center through the procurement of related equipment. This EDA investment will be…
EDA: $544,000 Invested to Bolster Small Manufacturing and Technology Sectors in Larimer County, CO
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $544,000 grant to the Warehouse Business Accelerator in Loveland, Colorado, to bolster the small manufacturing and technology sectors in Larimer County. This grant will provide additional funding opportunities for local entrepreneurs, improving economic diversification in an area impacted by recent wildfire activity. …
CDFI Fund: FY 2025 CDFI Program and NACA Program Application Round Opens
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2025 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) today. The Awards from these programs will support Community Development Financial Institutions (CDFIs) that provide affordable financing…
SBA: New Report Shows Consequential Impacts of SBA Pandemic Relief
Pandemic Relief Prevented Business Closures, Protected Jobs, and Led to Job Creation Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and voice in President Biden’s Cabinet for America’s more than 34 million small businesses, issued the following statement on a new report highlighting the positive impact of SBA pandemic relief programs – including the Paycheck…
HUD: Nearly $137 Million in Grants Announced to Increase Affordable Housing and Supportive Services for Seniors and Disabled Persons
Funding supports the creation and repair of rental homes, provides rental assistance, and connects tenants with vital resources. The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced today it has awarded $97 million in grants to non-profit organizations to support new development or rehabilitation of affordable multifamily homes and…
FEMA: National Preparedness Report Highlights Mass Care Services, Public Information and Warning, Infrastructure Systems, and Cybersecurity for a Resilient Nation
FEMA has released a report providing an overview of the nation’s current disaster risk and capability landscape. The 13th annual National Preparedness Report (NPR) outlines progress toward achieving the national preparedness goal of a secure and resilient country. It highlights the nation’s preparedness across all sectors and levels of government for events ranging from extreme weather…
Census Bureau: New Veteran Employment Outcomes Data Released
The U.S. Census Bureau today released an expanded version of Veteran Employment Outcomes (VEO), an experimental data product showing earnings and employment outcomes for veterans of the U.S. armed forces. Launched in 2020, VEO initially covered labor market outcomes for U.S. Army veterans. The update expands VEO coverage to also include data on Navy, Air Force,…
HUD: $100 Million Awarded for Communities to Boost Housing Supply and Lower Housing Costs
HUD awards critical funds to cut the red tape and advance housing production Today, the U.S. Department of Housing and Urban Development (HUD) awards $100 million in grants to 18 winners benefitting communities across the 15 States to cut red tape, build more homes, and lower the costs of renting and buying a home. These…
Federal and State Financial Regulatory Agencies Issue Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by the California Wildfires and Straight-Line Winds
The California Department of Financial Protection and Innovation, the Federal Deposit Insurance Corporation, the Federal Reserve Board, the National Credit Union Administration, and the Office of the Comptroller of the Currency, collectively the agencies, recognize the serious impact of the California wildfires and straight-line winds on the customers and operations of many financial institutions and…