Investment

EDA: $1.6 Million Invested to Support Manufacturing Growth on Tribal Land in Louisiana

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the Tunica-Biloxi Tribe of Louisiana, located in Marksville, Louisiana, for construction of a multi-enterprise manufacturing facility that will support the growth of the region’s manufacturing sector and create new jobs.  This grant will support…

HUD: Research Grant Opportunity Announced to Study Off-site Construction and Land Use Reforms

On June 15, the U.S. Department of Housing and Urban Development (HUD) released a notice of funding opportunity (NOFO) to build the evidence base to accelerate the adoption of innovative and effective practices and policies to increase the production and supply of quality, affordable housing. The NOFO provides up to $4 million to (1) assess the potential…

HUD: $14.4 Million in Housing Counseling Grants Awarded

Awards will support efforts to expand housing services and counseling into underserved communities The U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling (OHC) is announcing today that it has awarded more than $14.4 million in housing counseling grant funding to 180 housing counseling organizations. The awards will support the comprehensive housing counseling services…

HUD: $2 Million in Funding Available to Small Communities through Main Street Program

Today, the US Department of Housing and Urban Development (HUD) announced a Notice of Funding Opportunity (NOFO) of $2 million through the HOPE VI Main Street Program. This grant program provides assistance to communities looking to create affordable housing in central business districts (Main Street areas) that are undergoing redevelopment. HUD is looking to target…

CDFI Fund: Sources Sought Notice Issued for the CDFI Rapid Response Program, CDFI Equitable Recovery Program and Emergency Capital Investment Program

On June 15, 2023, the Community Development Financial Institutions Fund (CDFI Fund) released a Sources Sought Notice for a multi-year evaluation of the CDFI Fund’s CDFI Rapid Response Program (CDFI RRP), CDFI Equitable Recovery Program (CDFI ERP), and the U.S. Department of the Treasury’s (Treasury) Emergency Capital Investment Program (ECIP). Industry and subject-matter experts are…

EDA: $1 Million Invested to Support Aerospace Manufacturing Business Growth in Luling, TX

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the city of Luling, Texas, to support business growth and job creation through infrastructure improvements at the city’s industrial park. This grant will provide roadway, water, and broadband improvements to support business expansion in…

HUD: $22.5 Million in Funding Made Available to Public Housing Authorities for Jobs Plus Program

Funding will help public housing residents gain employment and education opportunities The U.S. Department of Housing and Urban Development (HUD) today announced that it will make available $22.5 million to public housing authorities (PHAs) to help families increase their earned income and improve their economic mobility through the Jobs Plus program. HUD’s Jobs Plus program…

EDA: $1.7 Million Invested to Expand Truck Driver Workforce Training Efforts in North Carolina

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to Guilford Technical Community College, Jamestown, North Carolina, to construct a truck driver training facility on the college’s East Greensboro campus. This project will provide an asphalt training pad, parking lot and other infrastructure upgrades…

HUD: $45 Million in Funding Provided to Public Housing Authorities to Help Households Experiencing or at Risk of Homelessness

This funding builds on the Biden-Harris Administration’s commitment to coordinated efforts to addressing unsheltered homelessness and homelessness in rural areas Today, the U.S. Department of Housing and Urban Development (HUD) is announcing communities to receive housing vouchers to address homelessness among people in unsheltered settings and in rural communities. HUD is awarding $45 Million for…

HUD: $25 Million in Funding Announced for Public Housing Authorities to Help Families Get Access to Better Housing and Schools

Public Housing Authorities are encouraged to apply for funding Today, the U.S. Department of Housing and Urban Development (HUD) announced that it will make available $25 million to public housing authorities (PHAs) for HUD’s Housing Choice Voucher (HCV) Mobility Services. Through this program, PHAs will help an estimated 6,000 voucher families with children get a…