Investment

HUD: Officials Highlight Climate Resilience Funding Opportunities in Puerto Rico & US Virgin Islands

During a roundtable event, HUD officials shared information about the Green and Resilient Retrofit Program to over 150 participants, showcasing a new source of federal funding for affordable housing rehabilitation focused on energy efficiency and climate resilience. This week, the U.S. Department of Housing and Urban Development (HUD) hosted a bilingual roundtable about HUD’s Green and…

HUD: Nearly $13 Million in Funding Available for Public Housing Agencies to Help Youth Aging Out of Foster Care

HUD encourages agencies to apply in efforts to prevent youth homelessness. Today, the U.S. Department of Housing and Urban Development (HUD) announced that it will make available $12,746,450 to public housing authorities (PHAs) on a competitive basis through HUD’s Foster Youth to Independence (FYI) Initiative to provide housing assistance to young adults transitioning out of…

FEMA: $295 Million Available to Activated States Through FY 2023 Swift Current to Help Communities Withstand Impacts of Climate Change

President Biden’s Investing in America Agenda to Fund States’ Abilities to Make Structures Safer and More Resilient  Today, FEMA Administrator Deanne Criswell announced that 16 states and one Tribal Nation are eligible for a total of up to $295 million in funding for flood resilience through the fiscal year 2023 Swift Current funding opportunity, made possible…

EDA: $2.3 Million Invested for Infrastructure Improvements to Support Job Growth in Columbia, LA

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to the Port of Columbia in Columbia, Louisiana, for infrastructure improvements to spur private investment and create jobs in the region. This grant will support construction of an emergency staging area to serve as a…

EDA: $2 Million Invested for Water Infrastructure Improvements to Support Business Expansion and Job Growth in North Central Illinois

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Peru, Illinois, for water infrastructure improvements to support business expansion and job growth in the region.  This grant will provide increased water and sewer access to 50 local businesses through the…

EDA: $752,000 Invested to Support the Agriculture Production Sector in Martin County, Kentucky

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $752,000 grant to Community at the Core, Inc. in Debord, Kentucky, to support growth of the agriculture production sector. This grant will support the procurement of production equipment at a new apple sorting facility. This EDA investment will be matched with $188,000…

FEMA: DHS Announces $1.8 Billion in Disaster Preparedness Grants

Secretary of Homeland Security Alejandro N. Mayorkas today announced more than $1.8 billion in funding for eight fiscal year 2024 preparedness grant programs. These grant programs provide critical funding to help state, local, tribal and territorial officials prepare for, prevent, protect against and respond to acts of terrorism and disasters.      “As threats continue to evolve, the Department of…

CDFI Fund: $18 Million Awarded to Support Consumer Access to Financial Institutions Through the CDFI Small Dollar Loan Program Awards

Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded $18 million in grants to Certified Community Development Financial Institutions (CDFIs) through the combined fiscal year (FY) 2023 and (FY) 2024 round of the Small Dollar Loan Program (SDL Program). “These important awards enable more Certified CDFIs to offer alternatives…

FEMA: $300 Million in Direct Funding Announced for Communities Receiving Migrants and $340 Million for a New Competitive Awards Process

Today, the Department of Homeland Security (DHS), through FEMA and the U.S. Customs and Border Protection (CBP), announced $300 million in grants through the Shelter and Services Program (SSP), which was authorized by Congress to support communities that are providing services to migrants. Two hundred seventy-five million dollars will be distributed in the first allocation, and the…

SBA: Digital Hub Launches to Connect Small Businesses with Major Funding Under the Investing in America Agenda

Hub Details Billions of Dollars in Grants, Contracts, and Market Opportunities Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced the launch of the SBA’s new Investing in America Small Business Hub, the first and only digital portal of its…