Investment

CDFI Fund: Request for Public Comment Issued on Peformance Progress Report and Financial Statement Audit Report

The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the public and other Federal agencies to take this opportunity to comment on proposed information collections, as required by the Paperwork Reduction Act of 1995, Pub. L. No. 104-13 (44 U.S.C. 3506(c) (2) (A)). Currently, the…

HUD: $180 Million in Choice Neighborhoods Implementation Grants Announced

Awardees can use grant funds to transform public and/or other HUD-assisted housing, as well as the surrounding neighborhood  U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge today announced the awarding of Choice Neighborhood Implementation (CNI) Grants totaling $180 million.  Secretary Fudge made the announcement in Tulsa, Oklahoma, where she presented a…

SBA: $7.2 Million in PRIME Grants Awarded to Help Emerging Micro-Entrepreneurs Gain Access to Capital

Grants Will Help 38 Small Business Support Organizations Provide Technical Assistance and Training Services to Economically Disadvantaged Businesses, Rural Small Businesses, and Foreign Language Entrepreneurs   Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses in President Biden’s Cabinet, announced a $7.2 million grant award to 38…

HUD: $176.4 Million in Grant Funding Made Available for Construction and Ongoing Project-Based Rental Assistance for Low-Income Seniors

Section 202 Capital Advance and Ongoing Project Rental Assistance Notice of Funding Opportunity supports development of new, deeply affordable rental homes for very low-income seniors. The U.S. Department of Housing and Urban Development (HUD) today announced the availability of up to $174.6 million in grant funding opportunities through a Notice of Funding Opportunity (NOFO) to support the…

EDA: Over $85 Million in American Rescue Plan Funds Invested Last Week

The following grants were made under the American Rescue Plan Funds program: September 21, 2022 – U.S. Department of Commerce Invests $2.5 Million in American Rescue Plan Funds to Boost High Speed Internet Connectivity in Southwest Louisiana September 20, 2022 – U.S. Department of Commerce Invests $5.3 Million in American Rescue Plan Funds for Wastewater Infrastructure to…

EDA: $604,114 Invested to Spur Collaboration and Innovation and Create Jobs in the Life Sciences and Healthcare Industries in the Greater Washington Metropolitan Region

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $604,114 grant to Connected DMV, Arlington, Virginia, to develop the Life Sciences & Healthcare Quantum Innovation Hub, a 12-month pilot program to accelerate those industries in the in the Greater Washington, D.C. metropolitan region. This project will spur collaboration and innovation across…

EDA: $1.5 Million Invested for Water and Sewer System Upgrades in Support of Job Creation and Workforce Development in Franklin County, VA

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the town of Highgate/Village of Swanton, Highgate Center, Vermont, to support business and job growth efforts by extending water and sewer service from Swanton to the Franklin County Airport. This project will provide…

EDA: $3 Million Invested for Airport Upgrades in Support of Job Growth in Pittsburgh, PA

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Allegheny County Airport Authority, Pittsburgh, Pennsylvania, for construction of a warehouse, taxiway extensions, and utility upgrades at Pittsburgh International Airport. This project will support expansion of import and export operations at the…

EDA: $3 Million Invested to Boost Workforce Development Efforts in Clifton Forge, VA

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Mountain Gateway Community College Real Estate Foundation, Clifton Forge, Virginia, for renovation of a workforce development center to service a community impacted by the declining use of coal. This project will support…

EDA: $3.3 Million Invested for Business Park Infrastructure Improvements in Big Spring, TX

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.3 million grant to the city of Big Spring, Texas, for water and wastewater infrastructure improvements at the Crossroads Business Park. This project will provide the necessary utilities to support commercial and industrial business development and create…