Grants and loans

New Jersey utility aid offers monthly energy credits of up to $200

Low- and moderate-income New Jersey households can get monthly credits for gas and electric bills. The Universal Service Fund program runs through the New Jersey Department of Community Affairs.

Current SBA loan rate caps set with the prime rate at 7%

The Small Business Administration, the federal agency backing small business loans, sets interest rate caps across all major programs. Current maximum rates use a 7% prime rate. Check your Current loan terms against these federal caps to ensure your lender is not overcharging.

Chase Bank details New York First-Time homebuyer programs offering up to $100,000

Chase Bank, the banking giant, outlines new financial aid for New York buyers. The HomeFirst program provides up to $100,000 for down payments. Rochester offers grants up to $8,000 for closing costs.

New York State awards $249 million in grants for 181 water projects

MARAD awards $498 million in grants for 35 port projects across 19 states

MARAD, the federal Maritime Administration, just awarded $498 million in grants. The money goes to 35 port upgrade projects across 19 states. This is the final funding from the Bipartisan Infrastructure Law. Whittier, Alaska, received the largest single grant of over $50.5 million.

NJEDA approves tax credits up to $29.6 million for Newark housing projects

New Jersey just approved funding to build and fix 274 housing units in Newark. The Aspire Program will back the Cottage Place and Crown Village developments. Cottage Place won up to $29.6 million for kitchen and bathroom overhauls.

Provident Bank awards $83,000 in grants to 10 New Jersey nonprofits

Provident Bank just gave 83,000 dollars to ten local groups. The money funds affordable housing and financial literacy classes across New Jersey. Support reaches communities through the Community Development Partnership Program.

TD Charitable Foundation opens applications for 2027 housing grants with $10M

TD Charitable Foundation just opened its annual Housing for Everyone grant program with $10 million available. Eligible nonprofits can apply for $500,000 grants to help low- and moderate-income renters build reliable income. Applications close at 4 p.m. On Nov. 24.

Wells Fargo and Fresco Marketing award $10,000 grants to small businesses

A flooded flower shop just received a cash lift. Wells Fargo and Fresco Marketing handed out $10,000 grants to small businesses. The money helps owners rebuild after disasters and keep going. Ten new winners will get checks this year.

25 Woodbridge small businesses receive $5,000 grants

Twenty-five local businesses just received five thousand dollar grants. Optimum Business and the Woodbridge Metro Chamber handed out the cash. Mayor John McCormac joined the ceremony at the APA Hotel. The money helps small shops grow and succeed.

NJEDA invests $16.5M to support eight innovative New Jersey startups

The New Jersey Economic Development Authority just invested $16.5 million into eight startups. The fund backs new technology in health care, biotechnology, and life sciences. The state acts as an equity investor alongside venture firms.

Verizon and other groups are giving out five small business grants up to $10,000

Verizon, the giant wireless carrier, is giving out $10,000 grants right now. Four other programs also offer free money that never needs repayment. You must complete two free courses online to unlock the Verizon application. Check the rules for each grant before you apply this week.

NJEDA approves $5.4 million for Lucy the Elephant in Margate

NJEDA, New Jersey's economic development agency, just approved $5.4 million in tax credits. The funds will restore the 1881 landmark in Margate City. Work includes a new visitor center and interior repairs. The project finishes a five-year preservation plan for tourism.

SBA offers up to $2 million low-interest disaster loans for Western New York floods

Six New York counties face severe Flood damage from storms on September 3. Homeowners and renters can apply for property repair loans up to $500,000. Businesses qualify for up to $2 million to replace damaged physical assets and equipment.

Shopify releases a 2026 guide covering 40 Small business grants

Shopify, the e-commerce platform company, released a guide detailing 40 Small business grants for 2026. Grants offer non-repayable funding, but grant opportunities dropped 33% over the past year. Review eligibility requirements carefully before applying for these competitive funding options.

New York Home Energy Assistance Program opens Nov. 2 with $990 top benefits

New York is opening heating aid on Nov. 2. Oil, kerosene and propane users get a $990 base grant. A family of four making $6,852 monthly can qualify. Apply online or through your local social services office. Emergency benefits start Jan. 4, 2027.

New Jersey restaurants can apply for $5,000 grants until November 11

Wonder and Grubhub offer $1 million in small grants. Single-location restaurants in New Jersey qualify for the $5,000. Apply online at the Restaurant Strong Fund website by November 11. Selected winners will be announced on December 1.

Jacksonville board approves $49 million tax incentive for Fleet Landing retirement tower

A Jacksonville board approved a 49 million dollar tax grant for a new tower. Fleet Landing plans a 31-story retirement community on the Northbank waterfront. The deal gives a 20-year refund on property taxes generated by the site.

Brooklyn College wins $182,000 NIH grant for advanced cell research equipment

Brooklyn College just secured a $182,000 federal grant. The National Institutes of Health funded the one-year award. Biology Professor Anjana Saxena will buy a hypoxic chamber. The advanced lab instrument simulates low-oxygen environments found in tumors.

LIHEAP winter 2026-2027 energy grants pay up to $1,500 for heating bills

Keep an eye out for state heating grants. The Low Income Home Energy Assistance Program covers winter bills. Benefits usually range from $200 to $1,500 per season. Apply early through your local office because funds fill fast.

NJCC closes $15 million Tax Credit deal for ResinTech in Camden

New Jersey Community Capital just closed a $15 million Tax Credit deal. It will fund an 18.6 million dollar expansion for ResinTech in Camden. The project will add a 34,500 square foot warehouse. Construction starts this October and runs through October 2027.

Millions of seniors on Medicare will get a $90 rebate in October 2026

A one-time $90 Medicare rebate is coming this fall. Most standard Part B enrollees living in the U.S. qualify. You do not need to fill out an application. The money arrives automatically by direct deposit or check.

Florida launches $10M zero-interest emergency bridge loans for small businesses

Florida activated a ten million dollar emergency loan fund with zero interest. Eligible businesses can receive up to one hundred thousand dollars. Borrowers must repay every dollar within a strict twelve-month period. Applications close on November twenty-fifth, 2026.

NJEDA approves tax credits up to $57.4 million for Newark housing

New Jersey just backed two big affordable housing projects. The state approved tax credits worth up to $57.4 million total. Cottage Place and Crown Village will build or fix 274 units. Construction on Cottage Place starts in March 2027.

Brooklyn College gets $3 million federal grant for student career programs

Brooklyn College, a public university in New York, secured $3 million from the U.S. Department of Education. The five-year ROOTS initiative provides $1 million immediately to help students prepare for jobs. This funding will expand mentoring and career workshops.

Bankrate reveals first-time homebuyer grants offer up to $30,000 for down payments

Bankrate, the financial services company, published a Guide on first-time homebuyer grants. Grants offer between $2,500 and $30,000 for your down payment. You never pay back the money if you move. Much of the money marketed as a grant is actually a loan.

NJEDA to host small business resource fair in Newark on Tuesday

The NJEDA is hosting a free small business resource fair in Newark. It runs Tuesday from 9 a.m. To noon at NJIT. Business owners can meet experts to find funding and programs. Free parking is available at the NJIT parking deck.

New SBA lending rules bring stricter requirements for New Jersey business loans

The U.S. Small Business Administration launched new lending rules on October 1. Smaller 7(a) loans under $350,000 face tougher underwriting standards now. Deals of $3 million or more require independent quality of earnings reports.

NJEDA invests $16.5M to support 8 innovative NJ startups

New Jersey just put $16.5 million behind eight growing companies. The New Jersey Economic Development Authority backed businesses in health and tech. This fund brings venture capital straight into local early-stage firms. It aims to build high-quality jobs across the state.