EDA: $988,400 Grant Awarded to Support Workforce Training Efforts in Gallup, NM Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $988,400 grant to the Northwest New Mexico Council of Governments (NWNMCOG) of Gallup, New Mexico, to support a series of workforce development initiatives to make the region more resilient to economic downturns. The EDA grant, to be located in a Tax Cuts and…
HUD: $2.9 Million Awarded to 25 Tribes to Provide Housing for Native American Veterans Experiencing Homelessness
Tribal HUD-VASH to assist Native American Veterans The U.S. Department of Housing and Urban Development (HUD) today renewed $2.9 million in grants to 25 Tribes and tribally designated housing entities (TDHEs) that provide housing and supportive services to Native American Veterans who are experiencing or at risk of experiencing homelessness. The Tribal HUD-Veterans Affairs Supportive Housing…
FHFA: More Than 4.3 Million Homeowners Helped Since Conservatorships
The Federal Housing Finance Agency (FHFA) today released its second quarter 2019 Foreclosure Prevention Report, which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 31,757 foreclosure prevention actions in the second quarter of 2019, bringing the total number of foreclosure prevention actions to 4,354,561 since September 2008. The report also shows that 40 percent of loan modifications…
CFPB: Additions to Executive Team Announced
The Consumer Financial Protection Bureau (Bureau) today announced the following additions to its executive team: Desmond Brown will serve as the Deputy Associate Director for the Consumer Education and Engagement Division. Mr. Brown has more than two decades of experience working with national and local organizations to increase financial well-being and economic opportunities for consumers. He…
EDA: $4 Million Grant Awarded to Make Critical Water Infrastructure Updates in Plaquemines Parish, LA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to the Plaquemines Parish Government in Belle Chasse, Louisiana, to make water infrastructure improvements needed to protect businesses from the impact of future natural disasters. The EDA grant, to be matched with more than…
EDA: $3.8 Million Investment Made to Help Expand Victoria College Industrial Workforce Training Program
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.8 million grant to the Victoria County Junior College District of Victoria, Texas, to support the expansion of the College’s industrial workforce training program. The EDA grant, to be located near a Tax Cuts and Jobs Act designated Opportunity Zone,…
EDA: $1.2 Million Invested to Fund Critical Infrastructure Upgrades in Darlington, SC
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the city of Darlington, South Carolina, to make wastewater system infrastructure upgrades needed to support local business development efforts. This grant will be matched with $305,580 in local investments. “The Trump Administration has…
FEMA: President Trump Approves Major Disaster Declaration for South Dakota
FEMA announced that federal disaster assistance has been made available to the state of South Dakota to supplement state, tribal and local recovery efforts in the areas affected by severe storms and flooding beginning on May 26 to June 7, 2019. Federal funding is available to the state, tribal, eligible local governments and certain private…
FHFA: House Price Index Up 0.4 Percent in July; Up 5.0 Percent From Last Year
U.S. house prices rose in July, up 0.4 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 5.0 percent from July 2018 to July 2019. The previously reported 0.2 percent increase for June 2019 remains unchanged. For the nine census divisions, seasonally adjusted monthly house price changes from…
EDA: $914,981 Grant Awarded to Boost Business Growth in Newtown, CT Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $914,981 grant to the town of Newtown, Connecticut, to install a reliable sanitary sewer system that will encourage economic development, job creation and retention, and private investment on the Fairfield Hills Campus in the Naugatuck Valley Corridor Region. The project, to be…