Investment

CDFI Fund: Important Information for Organizations Impacted by the California Wildfires

Performance Benchmark and Compliance Deadline Extensions Available Upon Request On January 8, 2025, President Biden issued a major disaster declaration in the State of California for areas affected by wildfires and straight-line winds beginning on January 7, 2025, and continuing. The Community Development Financial Institutions Fund (CDFI Fund) will allow organizations affected by the disaster declaration to…

CDFI Fund: New Transaction Level Report Monthly Webinars Announced

The Community Development Financial Institutions Fund (CDFI Fund) will now host a monthly Transaction Level Report (TLR) webinar. The TLR webinars are intended to serve as a forum for Certified and non-Certified Community Development Financial Institutions (CDFIs) to ask questions and discuss the TLR and its submission process. This new series will cover the Full-Length…

CDFI Fund: Important Reminders for FY 2025 CDFI Program and NACA Program Round Applicants

The Community Development Financial Institutions Fund (CDFI Fund) will host the following webinars for fiscal year (FY) 2025 Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) Round Applicants: Additionally, a Matching Funds Webinar Workshop for CDFI Program Financial Assistance Applicants will be held on February 27, 2025. The CDFI Fund will…

CDFI Fund: Electronic Application Now Available for FY 2025 CDFI Program and NACA Program Applicants

The electronic Application for the fiscal year (FY) 2025 round of the Community Development Financial Institution Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) is now available in the Community Development Financial Institutions Fund’s (CDFI Fund’s) Awards Management Information System (AMIS). Reference copies of the NOFAs and all Application materials can be found…

ABA: Foundation Accepting Donations to Support L.A. Wildfire Relief Efforts in California

ABA to Contribute $25,000 As first responders continue to fight the devastating wildfires in Los Angeles County, the American Bankers Association Foundation today announced it will begin collecting tax-exempt contributions through its Disaster Relief Program to help aid in emergency relief efforts. At the request of the California Bankers Association, the ABA Foundation will immediately begin accepting…

HUD: Nearly $3.6 Billion in Homelessness Assistance Funding Awarded to Communities Nationwide

Grant awards represent the largest amount of annual federal funding provided through HUD’s Continuum of Care program in history.  Today, the U.S. Department of Housing and Urban Development (HUD) announced nearly $3.6 billion in Continuum of Care (CoC) program awards for nearly 7,000 projects that provide housing assistance and supportive services to people experiencing homelessness,…

SBA: More Than $26 Million Granted to Create 13 New Women’s Business Centers Nationally

Funding Establishes First WBC in the U.S. Virgin Islands, Adds Support for 17 Existing WBCs and Specific Grants for Childcare Enterprises and Government Contracting 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 34 million small businesses, awarded $26.25 million to create 13…

EDA: $10.5 Million Invested for Infrastructure Improvements to Support Business Growth in Montana

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $10.5 million in the state of Montana to support roadway and wastewater infrastructure improvements. The EDA investments announced today are: “The Biden-Harris Administration is committed to ensuring that all communities in Montana and across the country have the resources…

EDA: $6.2 Million Invested to Support Forestry and Construction Industry Workforce Development in Kansas

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $6.2 million in the state of Kansas to support forestry and construction industry workforce development. The EDA investments announced today are: “The Biden-Harris Administration’s Investing in America agenda is growing jobs, building a sustainable workforce, and creating opportunities for…

EDA: $4.2 Million Invested to Advance Indigenous Forestry Resource Industrial Development in Port Angeles, WA

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $4.2 million grant to the Clallam County Economic Development Council in Port Angeles, Washington, to advance indigenous forestry resource industrial development in the region. This grant will fund the implementation of a regional program to bolster economic capacity…