HUD: $160 Million Awarded to Five Communities to Revitalize Housing, Invest in Neighborhoods
U.S. Housing and Urban Development (HUD) Secretary Marcia L. Fudge on Wednesday announced that five communities have received a combined $160 million to redevelop severely distressed housing and spur comprehensive revitalization under the federal Choice Neighborhoods Initiative. HUD has named Camden, New Jersey; Cleveland, Ohio; Detroit, Michigan; Fort Myers, Florida; and Lewiston, Maine as this…
CDFI Fund: Request for Information about NMTC Program Native Initiative Released
Today, the Community Development Financial Institutions Fund (CDFI Fund) released a Request for Information related to an upcoming procurement that is part of a broader effort to increase New Markets Tax Credit (NMTC) investment in Federal Indian Reservations, Off-Reservation Trust Lands, Hawaiian Home Lands, and Alaska Native Village Statistical Areas (NMTC Native Areas). Industry and subject-matter experts…
SBA: Last Call for Restaurant Revitalization Fund Applications
Administrator Isabella Casillas Guzman announced that eligible eating establishments have until Monday, May 24, 8 p.m. ET, to submit applications to the Restaurant Revitalization Fund. “If our nation’s food and beverage industry is going to fully recover, we must ensure as many of the hardest-hit businesses get the economic aid they need,” said Administrator Guzman….
HUD: $51 Million Awarded to Clean Up Lead Hazards in Public Housing
Funding to identify and control potentially dangerous lead in thousands of homes with young children The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $51.4 million to 25 Public Housing Agencies (PHAs) in 19 states to identify and reduce lead-based paint hazards in thousands of older public housing units. Provided through HUD’s…
SBA: Application Data Results Announced for the Restaurant Revitalization Fund
Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration, today is announcing the latest application data results for the $28.6 billion Restaurant Revitalization Fund (RRF), passed as part of the American Rescue Plan, and signed into law by President Joe Biden. The RRF has received more than 147,000 applications from women, veterans, and socially and…
SBA: 16,000 Restaurant Revitalization Fund Awards Funded
First wave of approved restaurant applicants to receive vital American Rescue Plan funding just one week after the SBA opened for applications Today, the U.S. Small Business Administration will begin delivering economic relief from the Restaurant Revitalization Fund, established by the American Rescue Plan and signed into law by President Joe Biden, to more than 16,000 approved…
SBA: Initial Results of Restaurant Revitialization Fund Announced
The SBA receives 186K applications; More than half of applications are from priority underserved business communities Today Administrator Isabella Casillas Guzman announced the initial results of the successful May 3rd launch of the Restaurant Revitalization Fund, showing more than 186,000 applications from restaurants and other food and beverage businesses in all 50 states, the District of Columbia, and…
EDA: $900,000 Invested to Support Revitalization of Downtown Bladenboro Business District in Elizabethtown, NC
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $900,000 grant to Bladen’s Bloomin’ Agri-Industrial, Inc., (BBAI), Elizabethtown, North Carolina, to support the economic revitalization of the city’s downtown Bladenboro business district. This EDA grant, to be matched with $600,000 in local investment, is expected to create 44. “The Economic Development…
SBA: Shuttered Venue Operators Grants Reopened for Applications on April 24th at 12:30 p.m. EDT
Applicants can register today; updated documents now available The U.S. Small Business Administration will reopen the Shuttered Venue Operators Grant application portal tomorrow, April 24, 2021, at 12:30 p.m. EDT for operators of live venues, live performing arts organizations, museums and movie theatres, as well as live venue promoters, theatrical producers and talent representatives to apply for…
SBA: First-of-its-Kind Technology Initiative for Restaurant Revitalization Fund Announced
Point-of-sale service providers will support eligible restaurant owners with innovative technology solutions The U.S. Small Business Administration announced today the first round of technology partners participating in a new initiative for the Restaurant Revitalization Fund (RRF) – a program that will allow eligible restaurants and other food establishments to access the RRF application or data they need…