HUD: Secretary Scott Turner Visits Atlanta to Witness How Opportunity Zones Are Spurring Growth, Expanding Housing Affordability
U.S. Housing and Urban Development (HUD) Secretary Scott Turner visited Centennial Yards in Atlanta, an expansive 50-acre mixed use development located within one of the city’s Opportunity Zones. Secretary Turner and stakeholders toured the site, including several new residential and commercial properties under construction, and met with key partners to discuss how the project is…
SBA: SBIC Program Delivers Record Capital in FY25
America First agenda fuels surge of investment in nation’s small businesses Today, the U.S. Small Business Administration (SBA) announced that the Small Business Investment Company(SBIC) program closed Fiscal Year 2025 (FY25) with the largest level of investment capital in the program’s history. In total, the SBIC program reached $53 billion in combined private capital and SBA leverage, compared…
HUD: Secretary Scott Turner Leads Monumental Reforms to Homlessness Program
HUD, HHS, and White House Faith Office Execute on President Trump’s Executive Order “Ending Crime and Disorder on America’s Streets” U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced $3.9 billion in competitive grant funding through HUD’s FY 2025 Continuum of Care (CoC) Competition Notice of Funding Opportunity (NOFO). This announcement, with…
SBA: Over $6 Billion in Assistance Delivered to Disaster Survivors in FY25
Agency’s rapid, reliable support for disaster recovery aided 51,000 Americans and is now available to impacted Alaskans Today, on the heels of her latest disaster visit to the state of Alaska, U.S. Small Business Administration(SBA) Administrator Kelly Loeffler announced that the agency closed Fiscal Year 2025 (FY25) with $6 billion in assistance delivered to disaster survivors. Under the…
FEMA: Over $1 Billion in Federal Funding Announced to Secure the FIFA World Cup Games and Protect Americans
FEMA Issues FY 2026 Funding Opportunities for FIFA World Cup and Counter Unmanned Aircraft Systems (UAS) Grant Programs Today, the Federal Emergency Management Agency (FEMA) published the Fiscal Year (FY) 2026 Notices of Funding Opportunity for the Counter-Unmanned Aircraft Systems (C-UAS) Grant Program and the FIFA World Cup Grant Program. Through the FIFA World Cup…
ICBA: ICBA Urges Policymakers to Continue to Support Local Communities Served by Community Development Financial Institutions
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on actions to dismantle the Community Development Financial Institution Fund. “ICBA is concerned about the economic impact eliminating the CDFI Fund would have on the local communities that CDFIs serve. Hampering the work of CDFIs would threaten the financial…
SBA: Agency Delivers Record Capital to Small Businesses in FY25
America First agenda boosts small business optimism and growth Today, the U.S. Small Business Administration (SBA) announced that it will close Fiscal Year (FY) 2025 with the most capital ever delivered to small businesses thanks to a surge in demand and confidence under the leadership of President Donald J. Trump. In total, the agency has guaranteed 84,400…
CDFI Fund: First Awards for 2025 Announced to 56 Organizations Across US Who Will Receive Nearly $8.8 Million
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced that 56 organizations across the country will collectively receive nearly $8.8 million in Technical Assistance (TA) Awards under the fiscal year (FY) 2025 funding round. These awards reflect Treasury’s commitment to ensuring taxpayer dollars are used effectively and advancing economic…
SBA: $1.1 Million Awarded to Support Made in America Manufacturing
E2G Grants will fund training for small manufacturers in critical industries Today, the U.S. Small Business Administration (SBA) announced it has awarded $1.1 million in grants to three applicant organizations who will provide training and technical assistance to support small manufacturers in the SBA’s Empower to Grow (E2G) Program. These qualified awardees will deliver regional support to small manufacturers in critical…
CDFI Fund: Extension Requests Now Accepted for the CDFI Certification Reapplication Window 2 Submission Deadline of September 30, 2025
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) is now allowing currently Certified Community Development Financial Institutions (CDFIs) who have not yet submitted their revised CDFI Certification Application (released December 2023) to submit an extension request for the upcoming September 30, 2025, CDFI Certification Application submission deadline. On June 20,…