FEMA: DHS Awards $110 Million to Help Protect Houses of Worship and Nonprofit Organizations
Funding to be Distributed to Faith-based Institutions to Harden Their Defenses Against Terrorist Attacks. Today, the Department of Homeland Security announced it is awarding $110 million to more than 600 faith-based organizations and other nonprofits across the United States. In the face of violent criminals and radical organizations intent on hurting American communities, the Trump-Vance…
HUD: Regional Administrator Quinonez Issues Opinion Piece on HUD’s Support for Foster Youth in Texas
HUD Celebrates the Sixth Anniversary of the Foster Youth to Independence Initiative U.S. Department of Housing and Urban Development (HUD) Southwest Regional Administrator Ashlea Quinonez penned an opinion piece discussing the continued impact of HUD’s investment in youth transitioning out of foster care in Texas. This year marks the sixth anniversary of HUD’s Foster Youth…
CDFI Fund: CDFI Fund to Resume Acceptance of Community Development Entity Certification Applications on September 9th
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) will resume acceptance of new applications for Certification as a Community Development Entity (CDE) effective September 9, 2025. The temporary “blackout” period, originally announced on May 5, 2025, provided an opportunity for the CDFI Fund to assess the resources available on its website. While…
CDFI Fund: Upcoming Launch of a New Version of CDFI Information Mapping System (CIMS) Announced
The CDFI Fund is preparing to launch a new version of the CDFI Information Mapping System (CIMS), a web-based tool that enables organizations to visually plot eligible service areas and investments in support of their Certification or funding applications. The new version, CIMS5, will replace the existing version CIMS4, which will be retired and no…
SBA: New Regional Innovation Cluster Funding Announced to Support Domestic Manufacturing
$7.5 Million Now Available to Support American Industry, Strengthen Supply Chains, and Bring Jobs Back Home In a major push to restore America’s industrial dominance, the U.S. Small Business Administration (SBA) has announced the availability of new Regional Innovation Cluster (RIC) funding of up to $7.5 million to support domestic manufacturers. 98% of American manufacturers are small…
FHFA: Allowable LIHTC Amount Doubled for Fannie Mae and Freddie Mac to Support Affordable Housing
Consistent with the One Big Beautiful Bill, U.S. Federal Housing Expands America’s Affordable Housing Supply in Rural and Underserved Communities Consistent with President Trump’s historic One Big Beautiful Bill, U.S. Federal Housing is expanding America’s affordable housing supply by doubling the amount that Fannie Mae and Freddie Mac can invest in safe and sound Low…
CDFI Fund: Certification Webinar Recordings on Customized Investment Areas and Affiliates Released
Earlier this month, the Community Development Financial Institution Fund’s (CDFI Fund) Office of Certification Policy and Evaluation (OCPE) hosted two webinars focused on Customized Investment Area Target Market types on July 10th and Affiliates on July 24th. The webinar recordings and presentation slides are now available on the CDFI Fund’s website. The Customized Investment Area webinar…
FEMA: Billions in Federal Funds Announced to Empower States to Prepare for Disasters
FEMA Issues Seven Notices of Funding Opportunity—With More on the Way Over the coming weeks, FEMA is marking billions of dollars in federal funding available for state, local, tribal and territorial partners. This includes seven Notices of Funding Opportunity that FEMA published yesterday. These funds help states manage their response to disasters like fires, floods, tornadoes, hurricanes and even…
FEMA: Two Notices of Funding Opportunity Published to Empower States to Take Charge of Their Own Individualized Disaster Preparedness
Today, the Federal Emergency Management Agency (FEMA) published two Notices of Funding Opportunity, making millions in federal funding available to help states and territories protect their communities from floods and earthquakes. Both floods and earthquakes can happen nearly anywhere with little warning, and they both can cause mass devastation to American communities. These funds demonstrate…
FDIC: Supervisory Relief Granted to Help Financial Institutions and Facilities Recover in Areas of Texas Affected by Severe Storms, Straight-Line Winds and Flooding
The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Texas affected by severe storms, straight-line winds, and flooding. Please review the FDIC’s Disaster Page to review information about what to do if your bank is affected. Statement of Applicability: The contents of, and material referenced…