SBA: New Regional Innovation Cluster Funding Announced to Support Domestic Manufacturing
$7.5 Million Now Available to Support American Industry, Strengthen Supply Chains, and Bring Jobs Back Home In a major push to restore America’s industrial dominance, the U.S. Small Business Administration (SBA) has announced the availability of new Regional Innovation Cluster (RIC) funding of up to $7.5 million to support domestic manufacturers. 98% of American manufacturers are small…
FHFA: Allowable LIHTC Amount Doubled for Fannie Mae and Freddie Mac to Support Affordable Housing
Consistent with the One Big Beautiful Bill, U.S. Federal Housing Expands America’s Affordable Housing Supply in Rural and Underserved Communities Consistent with President Trump’s historic One Big Beautiful Bill, U.S. Federal Housing is expanding America’s affordable housing supply by doubling the amount that Fannie Mae and Freddie Mac can invest in safe and sound Low…
CDFI Fund: Certification Webinar Recordings on Customized Investment Areas and Affiliates Released
Earlier this month, the Community Development Financial Institution Fund’s (CDFI Fund) Office of Certification Policy and Evaluation (OCPE) hosted two webinars focused on Customized Investment Area Target Market types on July 10th and Affiliates on July 24th. The webinar recordings and presentation slides are now available on the CDFI Fund’s website. The Customized Investment Area webinar…
FEMA: Billions in Federal Funds Announced to Empower States to Prepare for Disasters
FEMA Issues Seven Notices of Funding Opportunity—With More on the Way Over the coming weeks, FEMA is marking billions of dollars in federal funding available for state, local, tribal and territorial partners. This includes seven Notices of Funding Opportunity that FEMA published yesterday. These funds help states manage their response to disasters like fires, floods, tornadoes, hurricanes and even…
FEMA: Two Notices of Funding Opportunity Published to Empower States to Take Charge of Their Own Individualized Disaster Preparedness
Today, the Federal Emergency Management Agency (FEMA) published two Notices of Funding Opportunity, making millions in federal funding available to help states and territories protect their communities from floods and earthquakes. Both floods and earthquakes can happen nearly anywhere with little warning, and they both can cause mass devastation to American communities. These funds demonstrate…
FDIC: Supervisory Relief Granted to Help Financial Institutions and Facilities Recover in Areas of Texas Affected by Severe Storms, Straight-Line Winds and Flooding
The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Texas affected by severe storms, straight-line winds, and flooding. Please review the FDIC’s Disaster Page to review information about what to do if your bank is affected. Statement of Applicability: The contents of, and material referenced…
CDFI Fund: Public Comments Sought on Certification of Material Events Form
The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the Community Development Financial Institutions Fund (CDFI Fund), U.S….
HUD: $1.3 million Provided to Support Youth Aging Out of Foster Care
Announcement is part of National Foster Care Month and Provides Youth with a Path to Housing Stability and Self-Sufficiency U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner today announced a $1.3 million dollar investment across 10 states under HUD’s Foster Youth to Independence (FYI) program to assist young Americans aging out of…
FEMA: $360 Million Made Available to Communities to Increase Number of Trained Firefighters and Keep Communities Safe
Additional $36 Million to be Made Available for Research to Improve Firefighter Health and Safety Under the leadership of President Trump, states and localities will be empowered to manage disasters and emergencies. These fire grant programs align with that vision by helping communities build the response capabilities they need to keep their citizens and communities safe….
HUD: More Than $10 Million Announced to House Families and Youth and Promote Self-Sufficiency
Funding Helps Keep Families Housed and Provides a Path to Housing Stability for Youth as part of National Foster Care Month Under the leadership of Secretary Scott Turner, the U.S. Department of Housing and Urban Development (HUD) awarded more than $10 million in Family Unification Program (FUP) voucher assistance funding for youth and families who…