Treasury: New Designation Cycle for Opportunity Zones Opens
The Working Families Tax Cuts Permanently Established a Process for States to Drive More Capital to Overlooked Communities Across America The U.S. Department of the Treasury announced the opening of the next nomination period for states, territories, and the District of Columbia to nominate eligible communities to be designated as Qualified Opportunity Zones (QOZs). Under…
CDFI Fund: FY 2026 CDFI Bond Guarantee Program Application Period Opens
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today announced the opening of the fiscal year (FY) 2026 application period for the CDFI Bond Guarantee Program. A total of up to $500 million in guarantee authority is available for Eligible Community Development Financial Institutions (Eligible CDFIs) in FY 2026, subject…
CDFI Fund: FY 2026 Bank Enterprise Award Program Funding Round Opens
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2026 funding round for the Bank Enterprise Award Program (BEA Program). Up to $40 million is available in awards to eligible Federal Deposit Insurance Corporation (FDIC)-insured depository institutions through the FY 2026 round of the program….
CDFI Fund: FY 2026 Small Dollar Loan Program Funding Round Opens
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2026 funding round for the Small Dollar Loan Program (SDL Program) today. SDL Program funding is intended to expand consumer access to financial institutions by providing alternatives to high-cost small dollar lending. The SDL Program funding is…
EDA: U.S. Department of Commerce Invests $15.7 Million in Disaster Supplemental Funding to Support Economic Development Projects in South Carolina
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced $15.7 million in Disaster Supplemental funding awards to support economic development projects in South Carolina in response to storms and natural disasters. The awards were provided through EDA’s Fiscal Year 2025 Disaster Supplemental Grant program, which supports economic recovery activities in areas that received major disaster declarations because of hurricanes, wildfires, severe storms and flooding, tornadoes, and…
HUD: Agency and VA Announce Funding to Support Over 2,500 Homeless Veterans
U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner and U.S. Department of Veterans Affairs (VA) Secretary Doug Collins today announced $33 million in funding for the HUD–Veterans Affairs Supportive Housing (HUD-VASH) program. The funds will support 2,532 new HUD-VASH vouchers for homeless Veterans across 265 Public Housing Authorities (PHAs) in 44 states. View…
SBA: FY 25 Scorecard for Small Business Contracting Released
Trump Administration Procured $273 Billion in Small Business Goods and Services, Supporting 1.2 Million Jobs Today, the U.S. Small Business Administration (SBA) announced the results of its Fiscal Year (FY) 2025 federal procurement scorecard, which measures how well federal agencies meet their small business contracting goals each year. In FY25, the Trump Administration exceeded the statutory federal…
FEMA: $1.5 Billion Announced to Empower Communities to Prevent Terrorism and Protect American Infrastructure
Funding Empowers Communities to Prevent Terrorism, Secure Elections, Enhance Immigration Enforcement Today, FEMA published funding opportunities across seven preparedness grant programs, making more than $1.5 billion available to protect communities across the country from terrorism and other urgent threats. Through its preparedness grant programs, DHS and FEMA empower community leaders and infrastructure owners to take bold,…
CDFI Fund: Public Comment Sought on NMTC Program Allocation Application and AQEI Tracking System
The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Pub. L. No. 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently,…
FEMA: More than $420 Million Announced in Federal Funds to Support Emergency Management Across the Country
FEMA today announced more than $420 million in two funding opportunities to empower state, local, tribal and territorial government agencies to strengthen their emergency response capabilities and their resilience to potential catastrophic incidents. FEMA is disbursing this money through two separate grant programs. Through the Emergency Management Performance Grant program, FEMA is providing $337 million to…