CDFI Fund: Updated Program Eligibility Information to be Released based on 2016-2020 American Community Survey Census Bureau Data

The Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has established a plan for releasing updated program eligibility information based upon Census Bureau data from the 2016-2020 American Community Survey (ACS). Eligibility requirements for the Bank Enterprise Award Program (BEA Program), Capital Magnet Fund (CMF), Community Development […]

HUD: $4 Million Awarded to Public Housing Agencies to Protect Families from Potential Exposures to Radon

Funding will support radon testing and mitigation The U.S. Department of Housing and Urban Development’s (HUD) Office of Lead Hazard Control and Healthy Homes today awarded $4 million to nine public housing agencies (PHAs) to conduct radon testing and, as needed, radon mitigation in approximately 1,000 housing units. Where applicable, […]

CDFI Fund: Apply Now for the Brand New CDFI Equitable Recovery Program

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2022 funding round for the CDFI Equitable Recovery Program (CDFI ERP) today. The program will provide approximately $1.73 billion in awards, which was included in the Consolidated Appropriations Act, 2021 (Pub. L. […]

HUD: Over $22 Million Invested for Native Hawaiian Housing

The U.S. Department of Housing and Urban Development on Wednesday announced $22.3 million in Native Hawaiian Housing Block Grant (NHHBG) funding to support the Department of Hawaiian Home Lands (DHHL). This funding will support the housing needs of low-income Native Hawaiian families. “The State of Hawaii has the highest median […]

HUD: First-Ever Funding Opportunity for Coordinated Approaches to Address Unsheltered Homeless, Including Resources for Rural Communities, Announced

HUD Package Includes $322 Million, Including $54.5 Million Set-Aside for Rural Communities, For Permanent Housing, Supportive Services, And Other Costs Package Also Provides $43 Million To Fund Approximately 4,000 New Incremental Housing Choice Vouchers The Biden Administration through the U.S. Department of Housing and Urban Development (HUD) today released a […]

EDA: $2.6 Million Invested to Establish the Building Resilient Economies in Coal Communities Initiative

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million grant to the National Association of Counties (NACo) to lead a coal-focused Community of Practice called the Building Resilient Economies in Coal Communities Initiative. The establishment of this multi-organizational, […]

CDFI Fund: $336.4 Million in Capital Magnet Fund Awards Announced to Support Affordable Housing

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 59 organizations $336.4 million today for the development of affordable housing and community facilities serving low-income individuals, families, and communities. These awards were made through the fiscal year (FY) 2021 round of the Capital Magnet Fund, […]

HUD: $16 Million Rental Assistance Demonstration Conversion Transaction Closed with the Columbus Metropolitan Housing Authority

CMHA will use RAD to preserve 142 affordable rental homes and develop 8 new affordable rental homes at Post Oak Station II The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing on Tuesday announced that it has closed a Rental Assistance Demonstration (RAD) transaction with the Columbus […]