EDA: $4.1 Million Invested for Wastewater Infrastructure Improvements Needed to Support Job Creation in Neah Bay, WA
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $4.1 million grant to the Makah Indian Tribe of the Makah Indian Reservation in Neah Bay, Washington, for wastewater infrastructure improvements to support job creation. This grant will provide for the construction of a new climate-resilient wastewater collection…
EDA: $1.3 Million Invested to Boost Healthcare Workforce Development in Grand Forks, ND
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 University of North Dakota in Grand Forks, to support healthcare workforce development. This grant will provide for the procurement of a van and related equipment to allow the University to expand its medical…
SBA: Growth Accelerator Fund Competition to Accelerate Innovation-Driven Ecosystem Building Announced Offering Up to $9 Million in Awards
Entrepreneur Support Organizations Will Compete in Two Stages for $75,000 to $150,000; 2025 Application Opens Jan. 8, 2025 Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses and startups, announced the upcoming launch of the 2025 Growth Accelerator Fund Competition…
HUD: $225 Million Awarded to Preserve and Revitalize Housing
Funds will support manufactured housing communities through repairs, infrastructure upgrades, homeowner assistance and creation of new homes. Today, the U.S. Department of Housing and Urban Development (HUD) announced the award of $225 million in competitive grant funding for 17 awardees with proposed projects across 26 states through the Preservation and Reinvestment Initiative for Community Enhancement…
EDA: U.S. Economic Development Administration Reauthorized by Congress for First Time in 20 Years
Bipartisan legislation will modernize the EDA and other regional commissions whose mission is to spur economic growth in communities across the country The U.S. Department of Commerce’s Economic Development Administration (EDA) celebrates its historic reauthorization by Congress, allowing it to continue its legacy of promoting American innovation and competitiveness by providing grants and support to communities across…
CDFI Fund: Update to the CY 2024-2025 NMTC Program Application FAQs Released
The Community Development Financial Institutions Fund (CDFI Fund) has posted on its website an updated calendar year (CY) 2024-2025 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 in response to the CDFI Fund’s Paperwork Reduction Act request for comments…
HUD: $12 Million Invested to Strengthen Rural Communities
With nearly $550 million invested, grants empower non-profits to expand affordable housing and boost community development for families in rural America. The U.S. Department of Housing and Urban Development (HUD) today awarded $12 million in capacity-building grants to five national non-profit organizations through the FY 23-24 Rural Capacity Building program which will fund rural housing…
CDFI Fund: FY 2025 Bond Guarantee Program Application Period Now Open
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2025 application period for the CDFI Bond Guarantee Program. A total of up to $500 million in bond guarantee authority is estimated to be available for Eligible Community Development Financial Institutions (Eligible CDFIs) in FY 2025,…
CDFI Fund: Public Data Released on CDFI/NACA and RRP Recipients through 2023
The Community Development Financial Institutions Fund (CDFI Fund) is releasing the fiscal year (FY) 2022 snapshot report and public data file based on Transaction Level Report (TLR) and Consumer Loan Report (CLR) data. This data was reported in FY 2023 by active Community Development Financial Institutions Program (CDFI Program) and Native American Community Assistance Program…
FEMA: Territories and Tribal Nations Designated to Receive Targeted Assistance for Disaster Resilience
Today, FEMA is announcing the designation of 275 census tracts in territories and on Tribal Nation lands as Community Disaster Resilience Zones. These zones will be eligible for increased federal support to become more resilient to natural hazards and extreme weather. Congress directed FEMA to designate these zones in the Community Disaster Resilience Zones Act of…