SBA: Implementation Announced for Transformational SBIC Program Reforms
Reforms of SBA’s Small Business Investment Company Address Gaps in Equity and Debt Financing for Underserved and Undercapitalized Small Businesses Effective August 17 Administrator Isabella Casillas Guzman announced the U.S. Small Business Administration (SBA) Small Business Investment Company’s (SBIC) Diversification and Growth Final Rule is effective today. Under the new rule, which supports the Biden-Harris Administration’s economic and…
HUD: Nearly $140 Million Awarded to Protect Low-Income Families from Lead and Other Home Health and Safety Hazards
Funding to make low-income families’ homes safer and healthier. The U.S. Department of Housing and Urban Development (HUD) awarded today nearly $140 million to 36 state and local government agencies in 19 states to protect children and families from lead-based paint hazards and other home health hazards. HUD is providing these grants through its Lead-Based Paint…
EDA: $1.5 Million Invested to Build State-of-the-Art Training Facility at Brewton-Parker College in Mount, Vernon GA
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to Brewton-Parker College, Mount Vernon, Georgia, to support workforce development and create jobs in the healthcare sector. This grant will fund construction of a new instructional facility to expand the college’s nursing workforce development program…
HUD: $73 Million Announced to Aid Veterans Experiencing Homelessness
Today, the U.S. Department of Housing and Urban Development (HUD) announced the Fiscal Year 2023 HUD-Veterans Affairs Supportive Housing (VASH) Summer Registration of Interest (ROI), which makes available approximately $73 million for Public Housing Agencies (PHAs) to assist homeless veterans. HUD estimates this funding will support up to 7,500 new HUD-VASH vouchers. The funding includes…
HUD: Assistance Announced for Hawaii in Wake of Fires
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster relief for the state of Hawaii to assist state, and local recovery efforts in the areas affected by wildfires beginning on August 8, 2023, and continuing. President Biden issued a major disaster declaration for Maui County. Effective immediately, HUD is: Recently,…
HUD: $869,000 Allocated to Public Housing Authorities as Part of Foster Youth to Independence Initiative
HUD’s Foster Youth to Independence initiative provides housing choice vouchers for vulnerable youth exiting foster care Today, the U.S. Department of Housing and Urban Development (HUD) announced $869,000 in funding for 14 public housing authorities (PHAs) in 10 different states, totaling 86 vouchers. This funding opportunity is part of the Foster Youth to Independence (FYI)…
HUD and VA Launch “Boot Camps” to Accelerate Homeless Veterans’ Path to Permanent Housing and Support Services
The U.S. Departments of Housing and Urban Development (HUD) and Veterans Affairs (VA) launched the HUD-Veterans Affairs Supportive Housing (HUD-VASH) “Boot Camps.” The HUD-VASH “Boot Camps” are a series of workshops to help Public Housing Agencies (PHAs) and Veteran Affairs Medical Centers (VAMCs) improve their processes and more quickly transition veterans from homelessness to permanent…
HUD: Over $21 Million Invested for Native Hawaiian Housing
The U.S. Department of Housing and Urban Development (HUD) today announced $21.3 million in Native Hawaiian Housing Block Grant (NHHBG) funding to support the Department of Hawaiian Home Lands (DHHL). This funding will support the housing needs of low-income Native Hawaiian families. “This investment reinforces the Biden-Harris Administration’s commitment to Native Hawaiian families through accessible…
HUD: $50 Million Choice Neighborhoods Implementation Grant Awarded to Philadelphia, PA
The Philadelphia Housing Authority will redevelop Bartram Village and the entire Kingsessing area. Today, U.S. Department of Housing and Urban Development (HUD) Principal Deputy Assistant Secretary for Public and Indian Housing Richard Monocchio, announced the awarding of a Choice Neighborhoods Implementation (CNI) grant for $50 million to the Philadelphia Housing Authority and the City of…
HUD: $40 Million Choice Neighborhoods Implementation Grant Awarded to Atlanta, GA
The Housing Authority of Atlanta will redevelop Bowen Homes and the entire Bowen area Today, U.S. Department of Housing and Urban Development (HUD) General Deputy Assistant Secretary for Public and Indian Housing Dominique Blom was joined by Congresswoman Nikema Williams and Mayor Andre Dickens in announcing the awarding of the Choice Neighborhoods Implementation (CNI) grant…