CDFI Fund: $70 Million Awarded to Banks through BEA Awards to Increase Investment in Severely Distressed Communities
Recipients Collectively Increased Lending and Services to Nation’s Most Distressed Areas by over $970 million The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today $70 million in awards to 184 FDIC-insured banks, through the fiscal year (FY) 2023 round of the Bank Enterprise Award Program (BEA Program), for increasing…
HUD: $7 Million Announced in Choice Neighborhood Planning Grants
Grants will fund community-driven revitalization planning in neighborhoods with distressed public housing. Today, U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge announced $7 million in Choice Neighborhoods Planning Grants to 14 communities across America. Each awardee will receive a $500,000 grant to create a comprehensive neighborhood revitalization plan to redevelop severely…
HUD: $256 Million Available in New Choice Neighborhoods Funding
Future awardees will revitalize public and/or HUD-assisted housing, surrounding neighborhoods. Today, the U.S. Department of Housing and Urban Development (HUD) announced the availability of $256 million in Choice Neighborhoods Implementation (CNI) Grants funding to communities across the country. The CNI Grants will ultimately transform public and other HUD-assisted housing, while investing in the surrounding neighborhood and resident…
HUD: $50 Million Choice Neighborhoods Implementation Grant Awarded to Philadelphia, PA
The Philadelphia Housing Authority will redevelop Bartram Village and the entire Kingsessing area. Today, U.S. Department of Housing and Urban Development (HUD) Principal Deputy Assistant Secretary for Public and Indian Housing Richard Monocchio, announced the awarding of a Choice Neighborhoods Implementation (CNI) grant for $50 million to the Philadelphia Housing Authority and the City of…
HUD: $40 Million Choice Neighborhoods Implementation Grant Awarded to Atlanta, GA
The Housing Authority of Atlanta will redevelop Bowen Homes and the entire Bowen area Today, U.S. Department of Housing and Urban Development (HUD) General Deputy Assistant Secretary for Public and Indian Housing Dominique Blom was joined by Congresswoman Nikema Williams and Mayor Andre Dickens in announcing the awarding of the Choice Neighborhoods Implementation (CNI) grant…
HUD: $50 Million Choice Neighborhoods Implementation Grant Awarded to Pittsburgh, PA
The Housing Authority of the City of Pittsburgh will redevelop Bedford Dwellings public housing property and the Hill District area. Today, U.S. Department of Housing and Urban Development (HUD) Public and Indian Housing Principal Deputy Assistant Secretary Richard Monocchio, announced the awarding of a Choice Neighborhoods Implementation (CNI) grant for $50 million to the Housing…
HUD: $40 Million Choice Neighborhoods Implementation Grant Awarded to Miami-Dade County, FL
Miami-Dade County will redevelop Cutler Manor and the Goulds neighborhood Today, U.S. Department of Housing and Urban Development (HUD) Assistant Deputy Secretary for Field Policy and Management Michele Perez announced the awarding of Choice Neighborhoods Implementation (CNI) grant for $40 million to the Miami-Dade County to redevelop Cutler Manor in the Goulds area. Assistant Deputy…
HUD: $50 Million Choice Neighborhoods Implementation Grant Awarded to Tucson, AZ
The City of Tucson will redevelop Tucson House and the entire Thrive in the 05 neighborhood Today, U.S. Department of Housing and Urban Development (HUD) Principal Deputy Assistant Secretary for Public and Indian Housing Richard Monocchio announced the awarding of Choice Neighborhoods Implementation (CNI) grant for $50 million to the City of Tucson to redevelop…
HUD: $50 Million Choice Neighborhoods Implementation Grant Awarded to Wilmington, DE
The Wilmington Housing Authority will redevelop Riverside Public Housing and the entire Northeast area Today, U.S. Department of Housing and Urban Development (HUD) Deputy Secretary Adrianne Todman announced the awarding of a Choice Neighborhoods Implementation (CNI) grant for $50 million to the Wilmington Housing Authority and the City of Wilmington to redevelop Riverside public housing…
EDA: Recompete Pilot Program Launches to Fund Opportunity in Distressed Areas
As part of the President’s Investing in America Agenda, the U.S. Department of Commerce seeks applications to revitalize communities by creating and connecting people to good jobs The Biden-Harris administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), today launched the Distressed Area Recompete Pilot Program (Recompete) competition. Recompete was authorized by the CHIPS and…