EDA: $595,654 in CARES Act Recovery Assistance Invested to Launch Program to Support Regional Economies in Colorado
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $595,654 CARES Act Recovery Assistance grant to Colorado State University (CSU), Grand Junction, Colorado, to launch the Planning and Technical Support to Diversify Colorado Economic Opportunities program. This EDA grant will be matched with $150,212 in local investment. “The Economic Development Administration…
EDA: $552,733 in CARES Act Recovery Assistance Invested to Provide Economic Recovery and Resiliency Assistance to Communities Across Missouri
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $552,733 CARES Act Recovery Assistance grant to Missouri Main Street Connection, Inc., Branson, Missouri, to assist Missouri communities in responding to and recovering from the coronavirus pandemic through the Main Street economic recovery technical assistance and training program. This EDA grant, to…
CDFI Fund: FY 2021 CDFI Bond Guarantee Program Application Period Now Open
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2021 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 2021. Through the…
FHFA: More than $1 Billion in Affordable Housing Funds Authorized
Largest amount ever disbursed to Housing Trust Fund and Capital Magnet Fund, more than double 2019 amounts FHFA Director Mark Calabria announced today that he has authorized the disbursement of $1.09 billion for Fannie Mae and Freddie Mac’s (the Enterprises) affordable housing allocations for 2020. This is the largest amount ever disbursed and more than…
HUD: $5.5 Billion in Grants Awarded to Local Communities for Affordable Housing and to Serve Individuals and Families
The U.S. Department of Housing and Urban Development (HUD) today announced $5.5 billion in funding to local programs throughout the country that provide affordable housing, community development and economic opportunity, and support to individuals and families experiencing homelessness. View a complete list of all the communities who received funding. “These core programs provide our local partners…
HUD: $1.5 Million Awarded to Help Families Improve Their Economic Well-Being
Funding to support education and employment among HUD-assisted families The U.S. Department of Housing and Urban Development (HUD) today awarded approximately $1.5 million to 13 public housing authorities (PHAs) to help residents of public housing and voucher-assisted housing increase their earned income and savings. See a list of grant funding by state below. “Today’s funding…
EDA: $6 Million Invested to Establish Wood Innovation Center in Darrington, WA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $6 million grant to the town of Darrington, Washington, to acquire land and provide infrastructure needed to establish the Darrington Wood Innovation Center. This EDA grant, to be matched with $1.7 million in state investment, is expected to create 156 jobs and…
EDA: $4.1 Million in CARES Act Recovery Assistance Invested to Boost Broadband Capacity and Advanced Manufacturing Growth Efforts in Louisiana
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $4.1 million in CARES Act Recovery Assistance grants to help the state of Louisiana prevent, prepare for, and respond to coronavirus. “The Economic Development Administration is committed to helping communities across the nation implement strategies to mitigate economic hardships brought on by the…
EDA: $2.6 Million in CARES Act Recovery Assistance Invested to Support Telehealth and Workforce Training Needs in Southeast Kansas
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $2.6 million CARES Act Recovery Assistance grant to Neosho Memorial Regional Medical Center (NMRMC), Chanute, Kansas, to establish the Southeast Kansas Impact Center for Wellness, Education, and Business. This EDA grant, to be matched with $650,000 in local investment, is expected to…
EDA: $1.17 Million in CARES Act Recovery Assistance Invested to Support Small Businesses and Manufacturers in Underserved Areas of San Jose, CA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $1.17 million CARES Act Recovery Assistance grant to the city of San Jose, California, to provide technical assistance to coronavirus-impacted small businesses and manufacturers in underserved areas of the city. “The Economic Development Administration is committed to helping communities across the nation…