HUD: Over $21 Million Invested for Native Hawaiian Housing
The U.S. Department of Housing and Urban Development (HUD) today announced $21.3 million in Native Hawaiian Housing Block Grant (NHHBG) funding to support the Department of Hawaiian Home Lands (DHHL). This funding will support the housing needs of low-income Native Hawaiian families. “This investment reinforces the Biden-Harris Administration’s commitment to Native Hawaiian families through accessible…
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…
OCC: Acting Comptroller Discusses Delivering Financial Education and Banking Services in Indian Country
Acting Comptroller of the Currency Michael J. Hsu today discussed the role of national banks and federal savings associations in delivering capital and other financial services to support economic development, housing, and other needs in Indian Country in remarks prepared for delivery at the Financial Literacy and Education Commission meeting. In his remarks, Mr. Hsu…
CDFI Fund: Public Data Released on CDFI Program Recipients through 2021
The Community Development Financial Institutions Fund (CDFI Fund) is releasing fiscal year (FY) 2021 data, which was reported in FY 2022 by active Community Development Financial Institutions (CDFI) Program and Native American Community Assistance (NACA) Program Financial Assistance (FA) Recipients via the CDFI Fund’s data collection system, known as the Annual Compliance and Performance Report…
HUD: $75 Million in Funding Available for Tribal Communities for Community Development
Funds support development of infrastructure and community facilities in Tribal Communities The U.S. Department of Housing and Urban Development (HUD) announced that it will make available $75 million through the Indian Community Development Block Grant (ICDBG) Program. Grant funds may be used for infrastructure, community facilities, housing rehabilitation, public services, economic development, and more to support Native…
EDA: $1.6 Million Invested to Support Manufacturing Growth on Tribal Land in Louisiana
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the Tunica-Biloxi Tribe of Louisiana, located in Marksville, Louisiana, for construction of a multi-enterprise manufacturing facility that will support the growth of the region’s manufacturing sector and create new jobs. This grant will support…
HUD: Native American Homebuyers to Save an Average of $500 in the First Year on Mortgage Payments through Fee Reductions
Reductions in Section 184 Indian Home loan fees supports the Biden-Harris Administration’s goal to make homeownership more affordable and accessible for families. The Department of Housing and Urban Development (HUD), through the Office of Native American Programs, announced reductions to both the Upfront Loan Guarantee fee and the Annual Loan Guarantee fee charged to homebuyers…
SBA: Law Implemented to Enhance Ability to Declare Disasters and Deliver Support to Rural Communities
Today, U.S. Small Business Administration (SBA) Administrator Isabella Casillas Guzman announced full implementation of the Disaster Assistance for Rural Communities Act (the “Act”) authored by Senators James Risch (R-ID) and Jeanne Shaheen (D-NH). Rural communities often face more severe impacts from natural disasters due to limited access to resources and infrastructure, which limits a community’s ability to recover and…
HUD: $95.5 Million Awarded for Affordable Housing and Community Development Activities in Native American Communities
Funds support development and operation of low-income housing The U.S. Department of Housing and Urban Development (HUD) today awarded $95 million to 55 communities through the Indian Community Development Block Grant (ICDBG) Program. Grant funds may be used for infrastructure, community facilities, housing rehabilitation, economic development, and more to support Native American and Alaskan Native…
FEMA: President Biden Approves Major Disaster Declaration for the Soboba Band of Luiseño Indians
FEMA announced that federal disaster assistance has been made available to the Soboba Band of Luiseño Indians to supplement tribal recovery efforts in the areas affected by the severe winter storm and flooding Feb. 23-26, 2023. Public Assistance federal funding is available to tribal governments on a cost-sharing basis for emergency work and the repair…