Community Development

HUD: $83 Million Awarded to Boost Local Affordable Housing and Community Development

Funding will be used to create jobs and boost affordable housing units in rural and tribal communities. The U.S. Department of Housing and Urban Development (HUD) announced today that it will award $83 million to three organizations for local affordable housing and community development activities that benefit people with low-incomes. The funding, awarded through HUD’s…

HUD: Almost $20 Million Awarded for Affordable Housing and Community Development in Native American Communities

Funds support development of infrastructure and community facilities Today, the U.S. Department of Housing and Urban Development (HUD) awarded nearly $20 million to 11 communities through the Indian Community Development Block Grant (ICDBG) program. These grant funds may be used for infrastructure, community buildings, housing rehabilitation, land acquisition, economic development, and more to support American…

HUD: City of Madison Community Development Authority Selected as Partner for the Annual Innovation in Affordable Housing Student Design and Planning Competition

HUD hopes to inspire and support students of fields such as architecture, planning, policy, and finance in advancing affordable and sustainable housing for low- and moderate-income Americans. The U.S. Department of Housing and Urban Development (HUD) has announced the City of Madison Community Development Authority (CDA) in Madison, Wisconsin will be the partnering public housing…

ABA: Eight Banks Win 2023 Community Commitment Awards

The American Bankers Association Foundation today named eight banks as 2023 Community Commitment Award winners. The annual awards recognize banks for extraordinary corporate social responsibility efforts in seven specific categories ranging from affordable housing to economic inclusion. The winners will be recognized at ABA’s Annual Convention in Nashville, Tenn. on Oct. 10. The selection committee, made up of…

HUD: $75 Million in Funding Available for Tribal Communities for Community Development

Funds support development of infrastructure and community facilities in Tribal Communities The U.S. Department of Housing and Urban Development (HUD) announced that it will make available $75 million through the Indian Community Development Block Grant (ICDBG) Program. Grant funds may be used for infrastructure, community facilities, housing rehabilitation, public services, economic development, and more to support Native…

HUD: $95.5 Million Awarded for Affordable Housing and Community Development Activities in Native American Communities

Funds support development and operation of low-income housing The U.S. Department of Housing and Urban Development (HUD) today awarded $95 million to 55 communities through the Indian Community Development Block Grant (ICDBG) Program. Grant funds may be used for infrastructure, community facilities, housing rehabilitation, economic development, and more to support Native American and Alaskan Native…

ABA: Foundation Accepting Submissions for Community Commitment Awards

The American Bankers Association Foundation is accepting submissions for its 11th annual Community Commitment Awards and encouraging banks of all sizes to enter their successful community initiatives. The awards, ABA’s highest honors for extraordinary community engagement, recognize innovative, high-impact bank programs that improve the quality of life for the communities they serve. The entry period for submitting…

CDFI Fund: FY 2023 CDFI Bond Guarantee Program Application Period Opens

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2023 application period for the CDFI Bond Guarantee Program. A total of up to $500 million in bond guarantee authority is available for Eligible Community Development Financial Institutions (Eligible CDFIs) in FY 2023. Through the CDFI…

HUD: First-Ever HUD Tribal Intergovernmental Advisory Committee Meeting Convened

U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge hosted HUD’s first-ever Tribal Intergovernmental Advisory Committee (TIAC) meeting at the Robert C. Weaver Federal Building. The two-day convening included Tribal leaders from across the continental United States and Alaska that make up the HUD Tribal Intergovernmental Advisory Committee. The meeting focused on…

HUD: $5.5 Million Awarded to HBCUs to Conduct Housing and Community Development Research

Funding a part of HUD efforts to diversify housing research Today, the U.S. Department of Housing and Urban Development (HUD) announced awards totaling $5.5 million for Historically Black Colleges and Universities (HBCUs) to Texas Southern University and North Carolina A&T University to establish or bolster existing Centers of Excellence (COE) that conduct housing and community…