Investment

HUD: $10 Million Funding Opportunity Announced for Community Revitalization Efforts

HUD’s signature program will focus on investing resources in housing, people, and neighborhoods nationwide. Today, Acting Secretary of the U.S. Department of Housing and Urban Development (HUD) Adrianne Todman announced a new notice of funding opportunity through the FY24 Choice Neighborhoods Planning Grant that will provide $10 million to support local planning efforts to revitalize communities….

EDA: $8.1 Million Invested to Support Workforce Development and Business Growth in Louisiana

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $8.1 million in the state of Louisiana to support workforce development and business growth. The EDA investments announced today are: “President Biden is committed to ensuring that all communities in Louisiana and across the country have the resources needed…

EDA: $1.7 Million Invested to Boost Manufacturing Business Growth in Marshall, AR

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to the Searcy County Government, Arkansas, to support manufacturing business growth.  This grant will renovate a building in Marshall, Arkansas to support the establishment of a frozen foods manufacturing facility, creating jobs, and growing the…

EDA: $1.7 Million Invested to Support Infrastructure Improvements at the Central Louisiana Regional Port

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to the Central Louisiana Regional Port in Alexandria, Louisiana, for infrastructure improvements needed to support disaster resiliency and efficiency improvements at the port.  This grant will enable infrastructure and transportation improvements to expand the port’s…

EDA: $1.3 Million Invested for Building Renovations to Support Economic Development in Santa Fe, NM

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the North Central New Mexico Economic Development District in Santa Fe, New Mexico, for building renovations to support economic development in the region. This grant will establish a new headquarters office for the North…

HUD: $83 Million Awarded to Boost Local Affordable Housing and Community Development

Funding will be used to create jobs and boost affordable housing units in rural and tribal communities. The U.S. Department of Housing and Urban Development (HUD) announced today that it will award $83 million to three organizations for local affordable housing and community development activities that benefit people with low-incomes. The funding, awarded through HUD’s…

HUD: $13.5 Million in Grants Awarded to Expand Access to Homeownership Opportunities

Four housing providers to produce over 440 homes for low-income first-time homebuyers using Self-Help Homeownership Opportunity Program (SHOP) Grants Today, the U.S. Department of Housing and Urban Development (HUD) awarded $13.5 million in “sweat equity grants” to support non-profit, self-help housing organizations that enable homeownership opportunities for hard-working, low-income families and individuals. Funded through HUD’s Self-Help…

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…