HUD: $98 Million Awarded in Choice Neighborhoods Implementation Grants and New $10 Million Funding Opportunity Opened for Local Planning Efforts
HUD’s Signature Place-Based Program Continues to Invest in “Housing, People, and Neighborhoods” Nationwide U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge today announced “Supplemental Grant” awards for Choice NeighborhoodsImplementation Grantees totaling more than $98 million. In addition, HUD is opening a notice of funding opportunity (NOFO) for $10 million to support local planning…
CDFI Fund: More than $1.73 Billion Awarded in Response to Economic Impacts Caused by COVID-19 Pandemic
Funding will aid those communities experiencing disproportional economic effects of the pandemic Washington, DC – Today, Vice President Kamala Harris and Deputy Secretary of the Treasury Wally Adeyemo announced that the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has awarded over $1.73 billion in grants to 603 Community Development Financial Institutions…
EDA: $1.3 Million Invested for Infrastructure Improvements in Paris, TX
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the Paris Economic Development Corporation, Paris, Texas, for infrastructure improvements to support business growth at the Northwest Industrial Park. This grant will provide for water and roadway upgrades to support current businesses and encourage…
EDA: $1.2 Million Invested for Water Infrastructure Improvements in Jasper, IN
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the city of Jasper, Indiana, for water infrastructure improvements to support local business growth along with job creation and retention efforts. This grant will support construction of a new backup water supply connection necessary…
HUD: Waivers Announced to Help Mississippi Communities Recover from Storms and Tornadoes
Announcement Represents Collections of Regulatory and Administrative Waivers Issued by HUD at One Time Secretary Fudge: Waivers “Build on HUD’s Continued Post-Disaster Efforts and Unprecedented Aid from the Biden-Harris Administration” The U.S. Department of Housing and Urban Development (HUD) today announced a package of 29 regulatory and administrative waivers aimed at helping communities in Mississippi accelerate their…
CDFI Fund: FY 2023 Bank Enterprise Award Program Funding Round Opens
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2023 funding round for the Bank Enterprise Award Program (BEA Program). Application materials are now available on the BEA Program page of the CDFI Fund’s websitein anticipation of the publication of the FY 2023 Notice of Funds…
EDA: $1.5 Million Invested for Infrastructure Improvements Needed to Support Business Growth in Greeneville, TN
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the Greeneville Water Commission, Greeneville, Tennessee, for sewer infrastructure improvements to support business expansion and job creation in a region impacted by fluctuations in the energy economy. This grant will provide for reliable sewer…
EDA: $1 Million Invested to Capitalize Revolving Loan Fund to Support Small Businesses in Northeast Ohio
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to Valley Economic Development Partners, Youngstown, Ohio, to capitalize and administer a Revolving Loan Fund that will serve small businesses in Mahoning and Trumbull counties, a region impacted by fluctuations in the energy economy. This…
EDA: $500,000 Invested to Boost Advanced Manufacturing Training Opportunities and Jobs in North Central Indiana
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to Ivy Tech Community College, Kokomo, Indiana, to help establish the Center of Excellence in Advanced Manufacturing. This project will provide autonomous robots and other equipment needed to help the Center prepare trainees for in-demand positions at regional manufacturing firms….
ABA: Foundation Accepting Donations to Support Mississippi Tornado Relief Efforts; ABA to Contribute $50K
At the request of the Mississippi Bankers Association, the ABA Foundation will activate its online disaster relief fundraising platform to support relief efforts in the state after the severe storms The American Bankers Association Foundation today announced it will start collecting tax-exempt contributions through its Disaster Relief Program to help aid relief efforts in Mississippi after a…