CDFI Fund: Application Demand for CY 2023 Round of the NMTC Program Released
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that it received 196 applications for the calendar year (CY) 2023 round of the New Markets Tax Credit Program (NMTC Program). The NMTC Program advances economic development in economically distressed communities by making tax credit allocations available to Community Development…
EDA: $3.1 Million Invested to Support Economic Growth in Iberia Parish, LA
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.1 million grant to Sewerage District No. 1 of Iberia Parish, New Iberia, Louisiana, for wastewater infrastructure improvements to support business and research growth in the Acadiana region. This grant will support the design and construction of a…
EDA: $2.3 Million Invested to Support Boatyard Modernization at the Port of Port Townsend, WA
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to the Port of Port Townsend, Washington, to support the acquisition of critical maritime infrastructure needed to expand port operations. This grant will support the acquisition of a new, variable-width boat hoist with a 300-ton…
SBA: America’s Seed Fund Week and Road Tour Announced
Nationwide Events Connect Entrepreneurs With SBIR/STTR Funding Agencies That Support Cutting-Edge Technology Development Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s more than 33 million small businesses in President Biden’s Cabinet, kicked off America’s Seed Fund Weekwith remarks highlighting the upcoming 2024 Seed Fund Road Tour as well as the…
HUD: $150 Million in Funding Available to Tribal Communities for New Affordable Housing
Funds focus on new home construction in Tribal Communities. This past week, the U.S. Department of Housing and Urban Development (HUD) announced that it will make available $150 million in funding for affordable housing projects that benefit low-income families in American Indian and Alaska Native communities. “Strong investments in Tribal communities help ensure residents can…
EDA: $1.2 Million Invested to Support Tribal Disaster Planning in Southwest Washington State
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the Shoalwater Bay Indian Tribe, Tokeland, Washington, to prepare local infrastructure for natural disasters. This grant will support the development of a Master Community Relocation Plan to move Tribal facilities away from potential natural…
EDA: $888,789 Invested to Support Growth of Maritime Sector in Aleutians East Borough, AK
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $888,789 grant to the city of King Cove, Alaska, for critical infrastructure improvements needed to support the region’s fisheries industry. This grant will provide for a new mobile boat hoist necessary to increase capacity in the region’s essential fishing industry. This EDA…
HUD: Public Health Commitment Strengthened with New Radon Policy and $3 Million in Grants for Testing and Mitigation
Departmental policy mandates radon consideration in environmental reviews; grants aimed at safeguarding public housing residents from the second-leading cause of lung cancer. The U.S. Department of Housing and Urban Development (HUD) announced today the publication of its Departmental Policy for addressing Radon in the Environmental Review Process. With this policy, HUD increases its commitment to radon…
HUD: Proposed Rule Published to Promote Economic Development in Underserved Communities
The Notice of Proposed Rulemaking for HUD’s Community Development Block Grant (CDBG) and Indian Community Development Block Grant Programs (ICDBG) would bolster economic and community development in underserved communities across the country. The U.S. Department of Housing and Urban Development (HUD) published a Notice of Proposed Rulemaking in the Federal Register to update regulations for…
HUD: $40.25 Million Available for Housing Counseling Agencies
Grants will expand housing counseling services and provide comprehensive financial literacy, homeownership, and affordable housing support to underserved communities. The U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling announced today that $40.25 million in grant funding is available to support housing counseling services for homebuyers, homeowners, and renters. “Housing counselors across…