Investment

HUD: Fraud-Filled Los Angeles Homelessness Funding Cut Off

Los Angeles Homeless Services Authority’s record of fraud, failure, and flagrant mismanagement has abused hundreds of millions of tax dollars per year. Following the HUD Office of Inspector General (OIG) opening an investigation, Secretary Scott Turner today announced the immediate suspension of the Los Angeles Homeless Services Authority (LAHSA), the lead agency for Los Angeles’…

FEMA: More Than $1.1 Billion Approved to Help Communities Recover and Rebuild, Funds Also Support Resilience Efforts

This recent approval represents funding for 452 disaster recovery and mitigation projects, underscoring DHS Secretary Mullin’s commitment to streamlining processes  Today, FEMA announced the approval of more than $1.1 billion in post-disaster funding for Public Assistance and Hazard Mitigation Grant Program projects across the nation. These programs empower states, local communities, Tribal Nations and territories to recover and rebuild more resilient,…

HUD: $193 Million Made Available to Address Youth Homelessness

Funding will support communities in developing housing focused solutions to prevent and end youth homelessness The Department of Housing and Urban Development (HUD) is making $193 million in funding available to communities nationwide to prevent and address youth homelessness. “Every American should grow up in a safe and loving home. HUD is pleased to announce…

CDFI Fund: New TLR Submission AMIS Display and Associated Guidance Materials Launched

The Community Development Financial Institutions Fund (CDFI Fund) has released a new Transaction Level Report (TLR) submission and certification page in its Awards Management Information System (AMIS). This new display presents the TLR submission steps in a more user-friendly way for organizations completing their annual reporting requirements or applying for CDFI Certification. The new display…

HUD: Agency Overhauls Federal Homelessness Assistance

Today, the Department of Housing and Urban Development (HUD) announced a new Notice of Funding Opportunity (NOFO) for $4.04 billion to better serve America’s vulnerable populations through the Continuum of Care (CoC) homelessness assistance program. “The ‘housing first’ experiment failed Americans by warehousing the vulnerable without results. This ideology promised to end homelessness. Instead, billions…

FEMA: More Than $60 Million Approved to Help Southeast Communities Recover from Recent Disasters and Strengthen Their Resilience Against Future Disasters

Today, FEMA announced the recent approval of more than $60 million in post-disaster funding for Public Assistance and Hazard Mitigation Grant Program projects in Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina and Tennessee. These programs empower states, local communities, tribes and territories to recover to rebuild more resilient, safer communities and protect infrastructure from future events. With…

SBA: Administrator Loeffler Applauds Signature of Investing in All of America Act to Strengthen the SBIC Program

H.R. 2066 strengthens the SBIC program, expanding access to capital for rural communities and critical industries Today, Kelly Loeffler, Administrator of the U.S. Small Business Administration(SBA), applauded President Donald J. Trump for signing H.R. 2066, the Investing in All of America Act, into law. The legislation, which was sponsored by U.S. House Small Business and Entrepreneurship Committee Member…

FEMA: DHS Makes $648 Million Available to Help Firefighters and First Responders Nationwide

FEMA today announced $648 million in three funding opportunities to help firefighters and other first responders stay safe while protecting lives and communities nationwide. Through these three funding opportunities, FEMA is empowering fire stations and other first responder organizations to get the equipment, staff and support they need. “When a disaster strikes, firefighters and other first…

CDFI Fund: Special Topic Webinar on Updated NMTC TLR User Experience in AMIS Scheduled for May 28th

The CDFI Fund will host a specialized webinar focused on Transaction Level Report (TLR) reporting requirements and considerations related to the New Markets Tax Credit Program (NMTC Program). This webinar is intended to provide NMTC stakeholders with additional guidance and an opportunity to ask questions related to the updated user AMIS interface for NMTC TLR…

FEMA: More Than $5.4 Billion Approved in Recovery Funding

Today, Department of Homeland Security Secretary Markwayne Mullin announced more than $5.4 billion to reimburse states, local governments and health facilities for their costs to respond to the COVID-19 pandemic. “Today, FEMA has obligated $5.4 billion in additional funds to support 458 projects across the country to close out outstanding COVID-19 reimbursements,” said Secretary Mullin. “As we continue…