EDA: $3.7 Million Invested to Support Emergency Preparedness and Disaster Resilience in New Mexico
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $3.7 million in the state of New Mexico to support emergency preparedness and disaster resiliency. The EDA investments announced today are: “President Biden’s Investing in America agenda is a commitment to ensuring communities in New Mexico and across the…
EDA: $3.1 Million Invested to Bolster Mariculture Workforce Development of the Kenai Peninsula, AK
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.1 million grant to the Chugach Regional Resources Commission in Anchorage, Alaska, to bolster workforce development in the Kenai Peninsula’s mariculture sector. This grant will support expansion of the Alutiiq Pride Marine Institute Patrick (Ratii) Norman facility, helping…
HUD: $1.5 Million Invested to Modernize Homes for Illinois Families
Two transactions in Illinois will fund electrification, climate resilience, and energy efficiency renovations in Chicago and Champaign, benefiting low-income seniors. Today, the U.S. Department of Housing and Urban Development (HUD) announced the recent completion of two transactions totaling $1.5 million to finance energy efficient and climate resilient improvements for affordable homes in Illinois under the…
HUD: Over $3.5 Billion Announced to Help People Experiencing Homelessness
HUD Announces Over $3.5 Billion to Help People Experiencing Homelessness HUD makes largest-ever single-year investment in communities’ homelessness response systems and streamlines program requirements for providers WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced that it will provide more than $3.5 billion in competitive funding to homeless services organizations across the…
HUD: Over $150 Million Announced for Tribal Communities for Construction of Innovative, Affordable Housing
The U.S. Department of Housing and Urban Development (HUD) today announced awards totaling $150.9 million for new affordable and innovative housing investments in Tribal communities. Principal Deputy Assistant Secretary Richard Monocchio made the announcement today in Anchorage, Alaska, where he presented $6 million to the Cook Inlet Housing Authority to build 51 new housing units…
EDA: New $25 Million Good Jobs Challenge Notice of Funding Opportunity Announced
New funding builds on historic investment from Biden-Harris Administration’s American Rescue Plan that has placed thousands of Americans into good-paying jobs The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), today launches a new phase of funding for the Good Jobs Challenge. This funding opportunity builds on the success of the…
HUD: $3.4 Million Awarded to Public Housing Authorities to Prevent Homelessness Among Vulnerable Youth Exiting Foster Care
38 Public Housing Agencies in 19 states will use funding to keep foster youth housed. Today, the U.S. Department of Housing and Urban Development (HUD) awarded $3.4 million to 38 Public Housing Agencies (PHAs) for 257 vouchers and administrative fees to provide housing assistance to young adults who left foster care or are transitioning out of…
CDFI Fund: Application Demand for Fiscal Year 2024 Round of BEA Program Released
Over $390 million in Increased Investments, Lending and Services in Highly Distressed Communities and to CDFIs The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today the application data for the fiscal year (FY) 2024 round of its Bank Enterprise Award Program (BEA Program). A total of 176 applications were…
HUD: $6 Million Awarded to Protect Families from Home Health and Safety Hazards
Funding will be used to make low-income families’ homes safer and healthier. The U.S. Department of Housing and Urban Development (HUD) today awarded $6 million to two nonprofit organizations, and a city government to protect children and families from home health hazards. This is the second round of funding announced for this program in addition…
HUD: $19 Million Announced in New Housing Investments
As part of President Biden’s Investing in America Agenda, HUD announces new awards for climate resilience and energy efficiency renovations. The U.S. Department of Housing and Urban Development (HUD) today announced $19 million in new grant and loan awards to 32 properties under its Green and Resilient Retrofit Program (GRRP). These grants and loans will support significant…