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Federal Funding Loans

Ropes & Gray LLP

Effect of Changes to Title IV of the Higher Education Act in the One Big Beautiful Bill

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The “One Big Beautiful Bill Act” (the “Act”), which recently became law, makes significant changes to federal financial aid programs administered under Title IV of the Higher Education Act of 1965 (“HEA”). These changes...more

Foley & Lardner LLP

Nuclear Power in 2025 – DOE Loan Programs Office (LPO) at the Forefront

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As the U.S. faces surging electricity demand from AI data centers, infrastructure upgrades and decarbonization goals, nuclear energy is re-emerging as a viable clean power source. Central to this 2025 revival is the U.S....more

Bennett Jones LLP

Government of Canada Doubles Funding for Federal Indigenous Loan Guarantee Program

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On March 21, 2025, Prime Minister Carney announced important changes to the federal Indigenous Loan Guarantee Program (Program). The Government of Canada doubled funding for the Program from C$5billion to C$10 billion and...more

Ballard Spahr LLP

VA Winding Down VASP Program

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As previously reported, last year the U.S. Department of Veterans Affairs (VA) launched a Veterans Affairs Servicing Purchase (VASP) program, which VA characterized as a “last-resort tool” for VA home loan borrowers facing...more

Bennett Jones LLP

From Barriers to Bridges: Navigating the Unique Landscape of Indigenous Enterprise Financing

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In recent years, growing attention and effort has been placed on studying Indigenous economies in Canada with the aim of closing gaps in business, project, community and housing financing, ultimately closing the...more

Dorsey & Whitney LLP

Federal Grant and Loan “Temporary Pause” to Have a Significant Impact on the Health Care Industry

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A memorandum from the Office of Management and Budget (“OMB”) on January 27, 2025 notified heads of federal agencies of a temporary pause on all disbursements of federal grants and loans, effective at 5pm Eastern on January...more

Akin Gump Strauss Hauer & Feld LLP

RESCINDED: Temporary Pause of Agency Grant, Loan, and Other Financial Assistance Programs (Trump EO Tracker)

Summary - This memorandum institutes a temporary pause on all federal financial assistance, effective January 28, 2025, at 5:00 PM. It further requires all agencies to conduct a review of every federal...more

Husch Blackwell LLP

Federal Government Freezes Grant/Loan Disbursements – What It Means for Nonprofits

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On January 27, 2025, the United States Office of Management and Budget (OMB) issued a pause, set to go into effect at 5 p.m. on January 28, to all “federal financial assistance programs and supporting activities.” The order...more

Foley & Lardner LLP

State of Play: Temporary Pause of Agency Grants, Cooperative Agreements, Loans, and Other Financial Assistance Programs

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UPDATE: As of 5:00 PM EST on January 28, a federal judge has temporarily blocked the Trump administration from enforcing the freeze detailed below.  This situation is ongoing and clients should still prepare accordingly....more

Ankura

Fueling Tech Growth: New Federal Financing from the Department of Defense’s Strategic Capital Program

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Growth companies needing to scale manufacturing capacity often struggle to source adequate and affordable financing. Traditional banks usually can not take the credit risk and non-bank lenders (e.g. private equity) impose...more

Kohrman Jackson & Krantz LLP

Intel Receives Largest U.S. Funding Grant to Date but Confirms Further Delay’s in New Albany Facility Operations

On March 20, 2024, Intel and the White House announced Intel will receive $8.5 billion in federal subsidies to support Intel’s semiconductor plants in the United States. This grant is the largest award announced under the...more

DarrowEverett LLP

Converting Office Space to Housing? There Are Incentives For That

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With housing availability at record lows in many communities across the U.S., including gateway cities such as New York, and commercial office space still not fully recovered from the COVID-19 pandemic, the federal government...more

Chambliss, Bahner & Stophel, P.C.

Loans and Grants for Wheelchair Vans and Vehicle Adaptations

Maintaining independence is fundamental for people living with disabilities. Having mobility options allows people with certain disabilities to go to doctor’s appointments, grocery shop, visits friends, and keep a sense of...more

Miller Canfield

Operating Cash-Flow Borrowing Options for Michigan Public Schools - May 2023

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As Michigan public schools navigate the preparation of their 2023-2024 budgets, we wanted to again provide you with a reminder of the short-term borrowing options available to cover projected operating cash-flow shortfalls....more

Orrick, Herrington & Sutcliffe LLP

Oklahoma incorporates fed funds rate into maximum loan finance charges

The Oklahoma governor recently signed SB 794, which increases the maximum loan finance charge for certain loans (i.e., supervised loans under applicable Oklahoma law) by additionally including the federal funds rate published...more

Troutman Pepper Locke

Texas Bankers Challenge CFPB’s Section 1071 Rule

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On April 26, the Texas Bankers Association and Rio Bank, McAllen, Texas filed a complaint in the U.S. District Court for the Southern District of Texas challenging the Consumer Financial Protection Bureau’s (CFPB or Bureau)...more

Cadwalader, Wickersham & Taft LLP

FRB Establishes Bank Term Funding Program to Aid Liquidity Availability

As we noted very briefly on Monday in our “Quick Take on a Sudden Change in the Banking Landscape,” among the various actions the government took Sunday evening to try to stabilize the banking market, the Federal Reserve...more

King & Spalding

U.S. Commerce Department Launches First CHIPS for America Funding Opportunity

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Applications For Leading Edge Commercial Fabrication Facilities And For Current-Generation Facilities Accepted Beginning March 31, 2023 And June 26, 2023, Respectively - On August 9, 2022, President Joseph R. Biden signed...more

Baker Donelson

Federal Funds for CDFIs and MDIs: Emergency Capital Investment Program (ECIP)

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The Consolidated Appropriations Act, 2021 (Act), signed into law on December 27, 2020, provides up to $9 billion to Community Development Financial Institutions (CDFIs) and minority depository institutions (MDIs). The Act...more

Hutchison PLLC

Paycheck Protection Program 2.0: Second Draw Loans and Other Updates

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On December 27, 2020, the Economic Aid to Hard-Hit Small Business, Nonprofits and Venues Act (the “Act”) became law. The Act included $284 billion of additional funding under the Paycheck Protection Program (the “PPP”). The...more

Saul Ewing LLP

Liability Dangers for Recipients of CARES Act Funds: Lessons From Past and Present Enforcement Actions

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As the country struggles with COVID-19, many companies have applied for and received funds under the CARES Act and its Payment Protection Program (“PPP”). Those companies must understand there are significant risks tied to...more

Downs Rachlin Martin PLLC

Vermont Legislative Update 06-12-2020 - An analysis from DRM's Government & Public Affairs Team

Vermont has largely escaped the physical devastation of the COVID-19 pandemic, with the vast majority of cities and towns reporting zero to five cases. But the economic toll has been immense, and the scope of financial losses...more

White & Case LLP

COVID-19: Turkish Government Financial Assistance Measures

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As in the rest of the world, the coronavirus (“COVID-19”) pandemic has caused significant disruption in the Turkish economy and financial markets. In response, the Turkish Government has introduced an economic stimulus...more

White & Case LLP

COVID-19 – The Russian government’s measures to support the Russian economy

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Since March 2020, the Russian authorities have taken a number of measures to mitigate the effect of COVID-19 on the Russian economy. The range of measures is very broad. Some measures are directed at wide categories of...more

Mintz - Energy & Sustainability Viewpoints

Examples of 2014 DOE Grants, Loan and Financing Programs – Part 1 of 3

The U.S. Department of Energy (DOE) supports a wide range of grants, loan and financing programs and also funds transformational and up-and-coming technologies that create innovative ways to source, distribute, and use energy...more

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