FEMA: New SBA Partnership Provides More than $38 Million in Expanded Assistance to Low-Income Disaster Survivors
In the past year, low-income disaster survivors have received more than $38.7 million in expanded assistance because of FEMA and the U.S. Small Business Administration’s policy changes to lower the minimum household income thresholds for some types of FEMA assistance. FEMA and SBA have programs that help survivors after a disaster, and many homeowners and…
HUD: 2022 Year in Review
This year, Secretary Marcia L. Fudge led the U.S. Department of Housing and Urban Development (HUD) to bold action in pursuit of the agency’s mission to create strong, sustainable, inclusive communities and quality affordable homes. These actions aligned with key Biden-Harris Administration priorities, including easing the burden of housing costs, removing barriers to homeownership, expanding…
HUD: Over $9 Million Awarded to Public Housing Agencies for Jobs Plus Program
Awards will help bridge the wealth gap by connecting residents of public housing to employment and education The U.S. Department of Housing and Urban Development (HUD) today awarded over $9 million to 4 Public Housing Agencies (PHAs) to help families increase their earned income and improve their economic mobility through the Jobs Plus program. Jobs…
FEMA: Emergency Food and Shelter Program National Board Allocates $75 Million for Humanitarian Assistance
The Emergency Food and Shelter Program (EFSP) National Board voted on Thursday, Dec. 22, 2022, to allocate $38.9 million to 21 local governments and service organizations to assist with humanitarian needs related to migrant families and individuals encountered by the Department of Homeland Security at the U.S. southern border. With this step, all $75 million…
HUD: $4.4 Million in Choice Neighborhoods Planning Grants Announced
Grants will fund community-driven revitalization plans in high-poverty neighborhoods with distressed HUD-assisted housing. Today, U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge announced $4,409,000 in Choice Neighborhoods Planning Grants to nine communities across America. These grants of up to $500,000 each will bring together community partners to create comprehensive neighborhood revitalization…
HUD: $875,000 Loan Guarantee Announced for Pennsylvania Wastewater Collection and Conveyance Project
The U.S. Department of Housing and Urban Development (HUD) today announced a $875,00 loan guarantee to the Commonwealth of Pennsylvania for the Sandy Township Platt Road Wastewater Collection and Conveyance Project. The loan guarantee, offered through the Section 108 Loan Guarantee Program (Section 108), will be used to finance the extension of sanitary sewer lines…
HUD: $25.4 Million Awarded by HUD and VA to Provide Housing Assistance for Veterans Experiencing Homelessness
Awards build on investments that resulted in 11% decline in Veterans homelessness from 2020 to 2022 Today, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) awarded $25.4 million in HUD-Veterans Affairs Supportive Housing (HUD-VASH) vouchers to 99 Public Housing Agencies (PHAs) across the country. This award…
EDA: $2.4 Million Invested to Support Food Infrastructure and Business Development in Peekskill, NY
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to Peekskill Facilities Development Corporation, Peekskill, New York, to help establish the Peekskill Commercial Kitchen Food Incubator. The project will support the renovation of a former fire station for adaptive re-use, strengthening the region’s…
FEMA: Funding Opportunity Announced for New Community Resilience Program
Bipartisan Infrastructure Law Provides $500 Million Over Five Years for Safeguarding Tomorrow Revolving Loan Fund grant program Today, FEMA announced it will soon begin accepting applications for a new resilience program, funded by President Biden’s Bipartisan Infrastructure Law, to make communities safer from natural hazards. Beginning Feb. 1, the agency will accept applications for the Safeguarding…
CDFI Fund: Updated Calendar Year 2022 NMTC Allocation Application FAQs Posted
The Community Development Financial Institutions Fund (CDFI Fund) has posted on its website an updated calendar year (CY) 2022 New Markets Tax Credit Program (NMTC Program) Allocation Application Frequently Asked Questions (FAQs) document. The updates to this document are provided in response to questions submitted through the Service Request feature in the CDFI Fund’s Award Management…