EDA: $2 Million Invested to Support Revitalization of Downtown Madawaska, ME
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the town of Madawaska, Maine, to redevelop the town’s downtown plaza. Revitalization of Madawaska’s downtown plaza, including the expansion of the Farmers Market, renovation of a vacant building to house co-working offices, and transportation…
CDFI Fund: Summary Report and Public Data for NMTC Program for FYs 2003-2021 Released
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today released a summary report and data collected on all New Markets Tax Credit (NMTC) investments across the nation through the fiscal year (FY) 2021 reporting period. The CDFI Fund requires all Community Development Entities (CDEs) that have been awarded NMTC allocations…
HUD: $50 Million Choice Neighborhoods Implementation Grant Awarded to Philadelphia, PA
The Philadelphia Housing Authority will redevelop Bartram Village and the entire Kingsessing area. Today, U.S. Department of Housing and Urban Development (HUD) Principal Deputy Assistant Secretary for Public and Indian Housing Richard Monocchio, announced the awarding of a Choice Neighborhoods Implementation (CNI) grant for $50 million to the Philadelphia Housing Authority and the City of…
HUD: $40 Million Choice Neighborhoods Implementation Grant Awarded to Atlanta, GA
The Housing Authority of Atlanta will redevelop Bowen Homes and the entire Bowen area Today, U.S. Department of Housing and Urban Development (HUD) General Deputy Assistant Secretary for Public and Indian Housing Dominique Blom was joined by Congresswoman Nikema Williams and Mayor Andre Dickens in announcing the awarding of the Choice Neighborhoods Implementation (CNI) grant…
HUD: $50 Million Choice Neighborhoods Implementation Grant Awarded to Pittsburgh, PA
The Housing Authority of the City of Pittsburgh will redevelop Bedford Dwellings public housing property and the Hill District area. Today, U.S. Department of Housing and Urban Development (HUD) Public and Indian Housing Principal Deputy Assistant Secretary Richard Monocchio, announced the awarding of a Choice Neighborhoods Implementation (CNI) grant for $50 million to the Housing…
HUD: $40 Million Choice Neighborhoods Implementation Grant Awarded to Miami-Dade County, FL
Miami-Dade County will redevelop Cutler Manor and the Goulds neighborhood Today, U.S. Department of Housing and Urban Development (HUD) Assistant Deputy Secretary for Field Policy and Management Michele Perez announced the awarding of Choice Neighborhoods Implementation (CNI) grant for $40 million to the Miami-Dade County to redevelop Cutler Manor in the Goulds area. Assistant Deputy…
HUD: $50 Million Choice Neighborhoods Implementation Grant Awarded to Tucson, AZ
The City of Tucson will redevelop Tucson House and the entire Thrive in the 05 neighborhood Today, U.S. Department of Housing and Urban Development (HUD) Principal Deputy Assistant Secretary for Public and Indian Housing Richard Monocchio announced the awarding of Choice Neighborhoods Implementation (CNI) grant for $50 million to the City of Tucson to redevelop…
HUD: $50 Million Choice Neighborhoods Implementation Grant Awarded to Wilmington, DE
The Wilmington Housing Authority will redevelop Riverside Public Housing and the entire Northeast area Today, U.S. Department of Housing and Urban Development (HUD) Deputy Secretary Adrianne Todman announced the awarding of a Choice Neighborhoods Implementation (CNI) grant for $50 million to the Wilmington Housing Authority and the City of Wilmington to redevelop Riverside public housing…
HUD: $370 Million in Choice Neighborhoods Implementation Grants Awarded
Awardees will redevelop their public and/or HUD-assisted housing, surrounding neighborhoods U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge announced today the awarding of Choice Neighborhoods Implementation (CNI) Grants totaling $370 million to eight communities throughout the country. These awards support communities that have undergone a comprehensive local planning process and are…
EDA: Recompete Pilot Program Launches to Fund Opportunity in Distressed Areas
As part of the President’s Investing in America Agenda, the U.S. Department of Commerce seeks applications to revitalize communities by creating and connecting people to good jobs The Biden-Harris administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), today launched the Distressed Area Recompete Pilot Program (Recompete) competition. Recompete was authorized by the CHIPS and…