SBA: More than $8 Million in FAST Grants Awarded to Fuel Next Generation of Breakthrough Innovators
FAST Awards Will Expand Access to America’s Seed Fund and Help Small Businesses Turn Ideas into Commercial Capability Today, the U.S. Small Business Administration (SBA) announced that it awarded more than $8 million in grants to 50 organizations through the Federal and State Technology (FAST) Partnership Program. The FAST Program provides small businesses and startups with specialized…
SBA: $8.9 Million in SCALE Funding Awarded to 18 Organizations to Strengthen Domestic Supply Chains
Funding will help small manufacturers scale production and support strategic priorities Today, the U.S. Small Business Administration (SBA) announced it awarded $8.9 million in grants across 18 organizations through its Supply Chain Acceleration and Logistics Enablement (SCALE) Program. Grantees will receive up to $500,000 each during a two-year period beginning September 30 to counsel small manufacturers on solving for…
FEMA: Nearly $180 Million Announced to Help Communities Strengthen Their Resilience Against Future Disasters
Today, FEMA announced nearly $180 million in grant funding to states and territories across the country. This funding will empower community leaders to take decisive steps to protect infrastructure and people from future disasters. This funding aligns with President Donald J. Trump’s America First Resilience Strategy, which calls for a new, risk-informed approach that treats…
CDFI Fund: CY 2026 Round of New Markets Tax Credit Program Opens
$5 Billion in Allocation Authority Available The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released the Notice of Allocation Availability (NOAA) for the calendar year (CY) 2026 round of the New Markets Tax Credit Program (NMTC Program). Pursuant to the One Big Beautiful Bill Act of 2025 (Pub. L. 119-21), the…
CDFI Fund: U.S. Department of the Treasury Announces FY 2025 and FY 2026 Awards for Multiple CDFI Fund Programs
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced awards for the FY 2025 Community Development Financial Institutions (CDFI) and Native American CDFI Assistance (NACA) Programs, and the FY 2026 Bank Enterprise Award (BEA) and Small Dollar Loan (SDL) Programs. The awards announced today will collectively support the increase of…
EDA: U.S. Department of Commerce Invests $44 Million in Disaster Supplemental Funding to Support Economic Development Projects in Five States
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced $44 million in Disaster Supplemental funding awards to five states that were impacted by storms and natural disasters in 2023 and 2024. The EDA awards announced today are: “The Economic Development Administration provides communities with the resources they need to rebuild their economies following…
EDA: U.S. Department of Commerce Invests $159 Million in Disaster Supplemental Funding to Support Economic Development Projects in Helene-Impacted States
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced $159 million in Disaster Supplemental funding awards to several states impacted by Hurricane Helene and other natural disasters in 2023 and 2024. The EDA awards announced today are: “The Economic Development Administration remains committed to helping communities impacted by Hurricane Helene and other natural…
EDA: U.S. Department of Commerce Invests $62 Million to Support Economic Development Projects in Five Southeastern States
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced $62 million in awards for projects in five states across the Southeastern United States. The awards were provided through EDA’s FY 2025 Public Works and Economic Adjustment Assistance programs, which leverage existing regional assets and support the implementation of economic development strategies to support…
Treasury: IRS Proposes Rule to End Tax-Exempt Status for Discriminatory Practices in Private Schools
The Department of the Treasury and the Internal Revenue Service (IRS) have issued proposed regulations to end federal tax-exempt status for private schools that engage in racial discrimination, delivering on President Trump’s Executive Orders ending discrimination and restoring merit-based opportunity. “Under President Trump, this Administration is standing up for America’s students by ensuring racial discrimination…
HUD: Secretary Turner Joins the National Tribal Housing Summit to Announce Inaugural Awards for Tribal Leaders and Celebrate Historic MOU Signing
Today, the Department of Housing and Urban Development (HUD) concluded its 2026 National Tribal Housing Summit and announced the inaugural HUD Secretary’s Awards for Excellence in Tribal Communities, honoring achievements in housing, community development, and support for Native youth. During the Summit, HUD’s Office of Public and Indian Housing (PIH) and the Department of the…