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This program supports development in economically distressed areas of the United States.
The grants help Community Development Funding Instituions (CDFIs) support research and/or planning in order to increase their geographic influence.
EPA offers three brownfields-related funding opportunities, with an application deadline of Nov. 19..
A $30 million distribution of federal New Markets Tax Credits (NMTCs) plays a primary role in allowing Kestrel Aircraft to move its 600 jobs at operations in Maine and Minnesota to a site in Superior, WI.
A pair of Detroit nonprofits, The Villages Community Development Corporation (VCDC) and the Detroit Economic Growth Corporation (DEGC), seek proposals from entrepreneurs and existing businesses to launch a program creating more than 8,000 square feet of retail businesses in the city's West Village neighborhood.
Indiana state officials are crediting the state's Permanent Supportive Housing Initiative (PSHI) as a reason for a 25% decline in chronically homeless from last year's point-in-time count. The data come from a new report by the state Housing and Community Development Authority (HCDA) on the2012 poin...
The Minneapolis-based NorthEast Investment Cooperative (NEIC) -- which claims to be the nation's first development cooperative in both the commercial and residential property sectors -- is ready to make its first purchase. NEIC officials tell CDD the idea of the for-profit group emerged from the ex...
HUD is ordering Flint, MI to repay the federal government more than $1 million for improperly spending Neighborhood Stabilization Program (NSP) funds.
Ohio cities and the state's congressional delegation want the Environmental Protection Agency to ease asbestos remediation rules they contend are slowing efforts by cities and land banks to raze and rehabilitate abandoned properties for neighborhood stabilization and redevelopment. Officials in ci...
The city of Chicago's Zoning Committee approves redevelopment plans for Atrium Village Apartments, which will bring thousands of new apartments and retail units to seven acres that contain one of the nation's first mixed-income models for affordable housing.