EDA: $1.7 Million Invested to Help Make Critical Infrastructure Improvements in Saipan, Northern Marian Islands Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to the Commonwealth Utilities Corporation in Saipan, Northern Mariana Islands, to assist with the construction of a new water filtration system. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone,…
HUD: Bus Tour Arrives in Riverside for Faith and Public-Private Partnerships Discussion
Grove Church visit part of nationwide “Driving Affordable Housing Across America Bus Tour” U.S. Department of Housing and Urban Development Secretary Ben Carson today visited Riverside, California, as part of his “Driving Affordable Housing Across America Bus Tour.” Secretary Carson participated in a roundtable discussion about affordable housing and toured The Grove Village, which consists…
HUD: Affordable Housing Bus Tour Arrives in San Diego
Visit is part of the nationwide “Driving Affordable Housing Across America Bus Tour” U.S. Department of Housing and Urban Development Secretary Ben Carson today visited San Diego, California, as part of his “Driving Affordable Housing Across America” Bus Tour. Secretary Carson met with San Diego Mayor Kevin Faulconer to discuss regulatory barriers to affordable housing…
CDFI Fund: FY 2020 CDFI Bond Guarantee Program Application Workshop Registration Now Open
In anticipation of the fiscal year (FY) 2020 round of the CDFI Bond Guarantee Program, which is expected to launch early this spring, the CDFI Fund is conducting one (1) two-day workshop for potential applicants on the Qualified Issuer and Guarantee Application requirements. This workshop will cover the basics of the program and is appropriate…
ABA: Foundation Launches Social Media Contest for Lights, Camera, Save! Finalists
Cast your vote for ‘Savers’ Choice’ by Feb.19 The American Bankers Association Foundation is hosting a social media contest to allow viewers nationwide to vote for their favorite Lights, Camera, Save! video entry. Lights, Camera, Save! is an annual video contest that encourages teen participants to produce a short film that communicates the importance of…
HUD: Trump Administration Proposes 2021 HUD Budget
Budget preserves rental subsidies; increases homeless assistance and healthy housing President Trump today announced the release of the Administration’s Fiscal Year 2021 budget, “A Budget for America’s Future.” The FY21 budget seeks to provide the Department of Housing and Urban Development (HUD) with $47.9 billion in funding to assist the fight to end homelessness, boost the promotion…
HUD: Funds Awarded to Build 1,100 Homes for Low-Income Seniors
The U.S. Department of Housing and Urban Development (HUD) today awarded more than $51 million in housing assistance to non-profit organizations across the country to finance more affordable housing construction, provide rental assistance, and facilitate supportive services delivery for very low-income seniors. “Expanding affordable housing opportunities is a priority, especially for our nation’s most vulnerable…
HUD: Opportunity and Revitalization Council Report Issued
During the North Carolina “Opportunity Now” Summit, U.S. Department of Housing and Urban Development Secretary Ben Carson issued a report to the President on behalf of the White House Opportunity and Revitalization Council (“Council”), of which Secretary Carson is the Chair. This report includes 180 action items that have already been undertaken by the Council…
SBA: Funding Opportunity Announced through the State Trade Expansion Program
Grant provides opportunities for small businesses to take their businesses global The U.S. Small Business Administration announces the opening of the submission period for a funding opportunity through the State Trade Expansion Program. The purpose of the grant opportunity is to invite proposals for funding from eligible state entities interested in, and capable of providing assistance, guidance and…
FEMA: Nine More Puerto Rico Municipalities Eligible for Individual Assistance
Nine more municipalities that were affected by the earthquakes that began Dec. 28, 2019, in southwest Puerto Rico have been designated as eligible for FEMA’s Individual Assistance program. At the request of the Government of Puerto Rico, FEMA extended eligibility for Individual Assistance to Arecibo, Ciales, Hormigueros, Juana Díaz, Las Marías, Mayagüez, Morovis, Orocovis and Sabana Grande under the Jan. 16 presidential disaster declaration….