EDA: $5.1 Million in CARES Act Recovery Assistance Invested to Improve Marine Cargo Infrastructure in Hoonah, AK
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $5.1 million CARES Act Recovery Assistance grant to the city of Hoonah, Alaska, to make critical infrastructure improvements to the Hoonah Marine Industrial Center Cargo Dock. This EDA grant is expected to create or retain nearly…
EDA: $2.6 Million in CARES Act Recovery Asssistance Invested to Support Hospital Business Park Improvements in Shelburne, IN
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million CARES Act Recovery Assistance grant to the town of Shelburn, Indiana, to construct new water infrastructure and provide an adequate water supply and fire suppression capacity at the town’s Sullivan County Community Hospital Business…
EDA: $2 Million in CARES Act Recovery Assistance Invested to Boost Manufacturing and Industrial Development in Sikeston, MO
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Sikeston, Missouri, to support development of the South Industrial Park. This EDA project, to be matched with $657,000 in other federal funds and $236,700 in local funds, is expected…
EDA: $2 Million in CARES Act Recovery Assistance Invested to Support Manufacturing Growth in Huron, OH
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to the city of Huron, Ohio, to reconstruct Sawmill Parkway, a critical roadway that serves Erie County’s largest industrial park. This EDA grant, to be matched with $1.3 million…
EDA: $1.2 Million in CARES Act Recovery Assistance Invested for Broadband Infrastructure in Bernalillo County, NM
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million CARES Act Recovery Assistance grant to the county of Bernalillo, New Mexico, to build fiber optic infrastructure to support business expansion. This EDA grant, to be matched with $303,147 in local funds, is expected…
Census Bureau: Household Pulse Survey Phase 3.2 Biweekly Data Released
The U.S. Census Bureau today released new data from phase 3.2 of the experimental Household Pulse Survey. This phase of data collection includes new questions on the Child Tax Credit, sexual orientation and gender identity (SOGI), rent/mortgage arrears, utility arrears and restrictions, summer catch-up education activities for grades K-12 and preventative health care for children. The…
SBA: Grants Awarded to 33 Organizations to Help Underserved Communities Succeed with the Small Business Innovation Research Program
The U.S. Small Business Administration issued 33 grant awards up to $125,000 each for specialized training, mentoring, and technical assistance for research and development (R&D)-focused small businesses under the Federal and State Technology (FAST) Partnership Program. FAST seeks to improve outcomes in the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs for underserved communities…
SBA: Plan Announced to Open Supplemental Grants for Shuttered Venue Operators Grant Applicants
All potential SVOG applicants encouraged to apply Today, the U.S. Small Business Administration is announcing a call to all eligible Shuttered Venue Operators Grant (SVOG) applicants seeking economic aid for live entertainment small businesses, nonprofits, and venues. New applications will be accepted until 11:59 p.m. PT on Friday, August 20, 2021. The SVOG program has so far…
FHFA: Inclusion of Rental Payment History in Fannie Mae’s Underwriting Process Announced
To expand access to credit in a safe and sound manner, the Federal Housing Finance Agency (FHFA) today announced that Fannie Mae will consider rental payment history in its risk assessment processes. With the update to Fannie Mae’s systems, future borrowers will have the benefit of a positive rental payment history being included in an…
CDFI Fund: AmeriCorps and CDFI Fund Launch Economic Mobility Corps
More than $2.5 million invested to place 156 AmeriCorps members for two years in Community Development Financial Institutions AmeriCorps and the U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) today announced three Community Development Financial Institutions (CDFIs) were awarded more than $2.5 million through the inaugural round of the AmeriCorps CDFI Economic Mobility Corps (EMC)…