Investment

SBA: New Solicitation Announced to Expand Funding for Regional Innovation Cluster Network

Regional Innovation Clusters Will Increase Startup and Small Business Participation in U.S. Supply Chain Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced a new funding solicitation for the SBA’s Regional Innovation Cluster (RIC) Initiative that will make awards…

HUD: $26 Million Awarded to Address the HIV Epidemic through Housing

Funding empowers communities to develop and execute new projects, positioning housing as a key strategy to combat the HIV epidemic. Today, the U.S. Department of Housing and Urban Development (HUD) awarded $26 million in Housing Interventions to End the HIV Epidemic program funding. This funding will go to 11 communities across the nation. Grantees receive…

CDFI Fund: Public Comment Sought on the CMF Performance Report

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) is soliciting public comment on changes to the Capital Magnet Fund (CMF) Performance Report. The CDFI Fund’s CMF Application and Performance Report Paperwork Reduction Act (PRA) approval will expire in July 2024. Although the PRA approval for the forms in the CMF…

HUD: Nearly $85 Million Invested to Take Additional Steps to Increase Housing Supply and Lower Housing Costs Across the Country

Vice President Harris and Acting Secretary Todman announced funding for communities to eliminate barriers to building housing, production and launch innovative strategies to address local housing needs. Today, Vice President Kamala Harris and HUD Acting Secretary Adrianne Todman announced that the Biden-Harris Administration is awarding $85 million in grant funding for the Pathways to Removing…

EDA: $7.8 Million Invested to Support Educational and Workforce Development in Virginia

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $7.8 million in the state of Virginia to support educational and workforce development following natural disasters in the state. The EDA investments announced today are: “President Biden is committed to ensuring that all communities in Virginia and across the…

EDA: $5 Million Invested for Wastewater Infrastructure Improvements in Vermillion, SD

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $5 million grant to the city of Vermillion, South Dakota, to support wastewater treatment facility improvements. This grant will invest in resilience to natural disasters and provide additional capacity for future industrial growth. This EDA investment will be…

EDA: $4.6 Million Invested for Water Infrastructure Improvements to Support Business and Job Growth in Watkins Glen, NY

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $4.6 million grant to the village of Watkins Glen, New York, for water infrastructure improvements needed to boost business and job growth. This grant will support rehabilitation of Watkins Glen’s water storage tank and pump station, replacement of…

EDA: $4.1 Million Invested to Support Aviation Workforce Development in Danville, VA

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $4.1 million grant to the city of Danville, Virginia for construction of a new aviation training facility.  This grant will facilitate construction of a new, 12,532-square-foot training facility at Danville Regional Airport to support aviation maintenance and flight…

EDA: $4.6 Million Invested to Support Economic and Workforce Development Efforts in Rhode Island

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $4.6 million in the state of Rhode Island to support economic and workforce development efforts following natural disasters in the state. The EDA investments announced today are: “President Biden is committed to ensuring that all communities in Rhode Island…

EDA: $4 Million Invested to Make Critical Flood-Related Infrastructure Improvements in Atlantic City, NJ

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to the city of Atlantic City, New Jersey, to support the Fisherman’s Park Pump Station Improvements and Atlantic City Inlets Retrofits projects. This grant will support pumping station infrastructure improvements needed to protect residents and…