Investment

EDA: $5.5 Million in CARES Act Recovery Assistance Invested to Support Industrial, Tourism, and Manufacturing Growth and Resiliency Efforts in Tennessee

 Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $5.5 million in CARES Act Recovery Assistance grants to help the state of Tennessee prevent, prepare for, and respond to coronavirus. “The Economic Development Administration is committed to helping communities across the nation implement strategies to mitigate economic hardships brought on by the…

EDA: $3 Million in CARES Act Recovery Assistance Invested to Support Coronavirus Pandemic Economic Recovery and Resiliency Efforts in Morganfield, KY

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $3 million CARES Act Recovery Assistance grant to Union County Fiscal Court, Morganfield, Kentucky, to make sanitary sewer infrastructure improvements needed to support business and job growth and to build economic resiliency in the face of the coronavirus pandemic. This EDA grant,…

EDA: $2 Million in CARES Act Recovery Assistance Invested to Support Workforce Growth and Business Capital Assistance Efforts in Kansas

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $2 million in CARES Act Recovery Assistance grants to help the state of Kansas prevent, prepare for, and respond to coronavirus. “The Economic Development Administration is committed to helping communities across the nation implement strategies to mitigate economic hardships brought on by the…

EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Support Business Recovery and Resiliency Efforts in West Virginia

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to Natural Capital Investment Fund, Inc., (NCIF), Charles Town, West Virginia, to provide the staffing and technical assistance capacity needed to deploy technical assistance and up to $5 million in capital to West Virginia businesses…

EDA: $595,654 in CARES Act Recovery Assistance Invested to Launch Program to Support Regional Economies in Colorado

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $595,654 CARES Act Recovery Assistance grant to Colorado State University (CSU), Grand Junction, Colorado, to launch the Planning and Technical Support to Diversify Colorado Economic Opportunities program. This EDA grant will be matched with $150,212 in local investment. “The Economic Development Administration…

EDA: $552,733 in CARES Act Recovery Assistance Invested to Provide Economic Recovery and Resiliency Assistance to Communities Across Missouri

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $552,733 CARES Act Recovery Assistance grant to Missouri Main Street Connection, Inc., Branson, Missouri, to assist Missouri communities in responding to and recovering from the coronavirus pandemic through the Main Street economic recovery technical assistance and training program. This EDA grant, to…

CDFI Fund: FY 2021 CDFI Bond Guarantee Program Application Period Now Open

Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2021 application period for the CDFI Bond Guarantee Program. A total of up to $500 million in bond guarantee authority is available for Eligible Community Development Financial Institutions (Eligible CDFIs) in FY 2021. Through the…

FHFA: More than $1 Billion in Affordable Housing Funds Authorized

Largest amount ever disbursed to Housing Trust Fund and Capital Magnet Fund, more than double 2019 amounts FHFA Director Mark Calabria announced today that he has authorized the disbursement of $1.09 billion for Fannie Mae and Freddie Mac’s (the Enterprises) affordable housing allocations for 2020. This is the largest amount ever disbursed and more than…

HUD: $5.5 Billion in Grants Awarded to Local Communities for Affordable Housing and to Serve Individuals and Families

The U.S. Department of Housing and Urban Development (HUD) today announced $5.5 billion in funding to local programs throughout the country that provide affordable housing, community development and economic opportunity, and support to individuals and families experiencing homelessness. View a complete list of all the communities who received funding. “These core programs provide our local partners…

HUD: $1.5 Million Awarded to Help Families Improve Their Economic Well-Being

Funding to support education and employment among HUD-assisted families The U.S. Department of Housing and Urban Development (HUD) today awarded approximately $1.5 million to 13 public housing authorities (PHAs) to help residents of public housing and voucher-assisted housing increase their earned income and savings. See a list of grant funding by state below. “Today’s funding…