HUD: Over $30 Million Awarded to Fight Housing Discrimination
The U.S. Department of Housing and Urban Development (HUD) is announcing today the award of over $30 million to fair housing organizations across the country under its Fair Housing Initiatives Program (FHIP). The grants will support the efforts of national, state, and local fair housing entities working to address violations of the Fair Housing Act and…
HUD: $173 Million Announced to Make Homes More Energy Efficient and Climate Resilient for Low-Income Americans
Over half of Green and Resilient Retrofit Program funding has now been awarded to combat the climate crisis, advance environmental justice, and improve lives for residents in HUD-supported housing. The U.S. Department of Housing and Urban Development (HUD) today announced $173.8 million in new grant and loan awards under its Green and Resilient Retrofit Program (GRRP), bringing…
CDFI Fund: Helpful Tips Released for Applicants to the FY 2024 BEA Program Application Round
If your FDIC-insured bank or thrift is considering submitting an application to the upcoming fiscal year (FY) 2024 funding round for the Bank Enterprise Award Program (BEA Program), you may find the following information helpful as you plan. Eligibility Requirements for FY 2024 BEA Program Applicants with CDFI Fund Awards If your organization will be…
HUD: $17.7 Million Rental Assistance Demonstration Transaction Closed to Improve 100 Rental Homes in Cumberland, MD
Transaction preserves and rehabilitates affordable rental homes for seniors and persons with disabilities. Today, the U.S. Department of Housing and Urban Development’s Office of Multifamily Housing announced the recent completion of a Rental Assistance Demonstration (RAD) transaction with the Housing Authority of the City of Cumberland (HACC). Through the transaction, HACC will finance the preservation…
EDA: $2.4 Million Invested to Protect Businesses from Flooding in Roseau, MN
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the city of Roseau, Minnesota, construct new stormwater infrastructure that will prevent flooding near local businesses during heavy rain events. This grant will expand the city’s stormwater capacity to minimize the economic disruption to…
EDA: $1.9 Million Invested to Support Business Growth in Tahlequah, OK
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.9 million grant to the city of Tahlequah, Oklahoma, for infrastructure improvements to support business expansion and job creation in the city’s business district. This grant will enable the construction of new parking and support facilities including a…
EDA: $885,000 Invested to Establish Workforce Development Training Program in Lafayette, LA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $885,000 grant to the Lafayette Economic Development Authority, Lafayette, Louisiana, to establish a workforce development training program for in-demand industries at South Louisiana Community College. This grant will support the establishment of Skills Up, a workforce training program focused on the manufacturing,…
HUD: Ginnie Mae Hosts Inaugural U.S.-Latin America Investor Roundtable
On Thursday, March 14, 2024, Ginnie Mae hosted its inaugural U.S.-Latin America Investor Roundtable at the U.S. Department of Housing and Urban Development headquarters in Washington, D.C. With support from the Inter-American Development Bank (IDB), the event brought together more than 150 in-person and virtual participants from throughout Latin America and the Caribbean to discuss…
EDA: $676,426 Invested for Water Infrastructure Upgrades to Support Job Growth in Longwood, FL
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $676,426 grant to the city of Longwood, Florida, for water infrastructure improvements to spur private investment and create jobs in the region. This grant will support stormwater system improvements in the Florida Commerce Industrial Park, recently flooded by Hurricanes Ian and Nicole….
CDFI Fund: Application Demand for FY 2024 Round of CDFI Program and NACA Program Released
The application period for the fiscal year (FY) 2024 funding round for the Community Development Financial Institutions Fund’s (CDFI Fund) Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) closed on February 15, 2024. In total, 948 organizations from across the country requested a combined level of approximately $1.55…