Investment

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…

HUD: Almost $14 Million Awarded to Local HIV/AIDS Housing Programs

Funding offers stable housing for individuals and families at risk of homelessness The U.S. Department of Housing and Urban Development’s (HUD) Office of HIV/AIDS Housing announced it will award more than $13 million in Housing Opportunities for Persons with AIDS (HOPWA) Permanent Supportive Housing (PSH) Renewal and Replacement Grants, which assist with tenant based rental…

SBA: New Regional Grants Awarded to Spur Innovation and Support High-Quality Jobs

Additional grant awards will support agriculture technology growth in Oregon, unmanned and robotic vehicle manufacturing in Mississippi  Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33.2 million small businesses in President Biden’s Cabinet, announced additional grants designed to create or sustain innovation initiatives and high-quality jobs through consortiums…

HUD: $30 Million Awarded to Fund ROSS Service Coordinators to Support Needs of Public and Indian Housing Residents

Today, the U.S. Department of Housing and Urban Development awarded funding to hire and maintain Service Coordinators who will assess the needs of residents of conventional Public Housing or Indian housing in addition to coordinating available resources in the community. Service Coordinators assist residents of Public and Indian Housing to make progress towards economic and…

FEMA: $135 Million Commitment Made to Support Relocation of Tribal Communities Affected by Climate Change

Funding from Bipartisan Infrastructure Law and Inflation Reduction Act Supports Community-Driven Relocation for Threatened Communities  The Biden-Harris administration today announced the launch of a new Voluntary Community-Driven Relocation program, led by the Department of the Interior, to assist Tribal communities severely impacted by climate-related environmental threats. Through investments from President Biden’s Bipartisan Infrastructure Law and…