SBA: Immediate Relief through Additional Deferment Provided to Existing COVID Economic Injury Disaster Loan Program Borrowers
Starting immediately, Agency extends additional relief to small businesses Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 32.5 million small businesses in President Biden’s Cabinet, directed the Agency to provide additional deferment of principal and interest payments for existing COVID Economic Injury Disaster Loan (EIDL) program Borrowers for a total…
EDA: $2.7 Million in CARES Act Recovery Assistance to Train Marine Service Technicians in Michigan’s Upper Peninsula
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.7 million CARES Act Recovery Assistance grant to the Great Lakes Boat Building School, in Cedarville, Michigan, to construct a 10,000-square-foot school expansion, establish new boat-docking infrastructure and purchase additional marine electronics testing equipment. This project…
EDA: $2 Million in American Rescue Plan Funds Invested for Roadway Improvements to Support Business Development in Springdale, AR
Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Springdale, Arkansas, to extend Dixieland Road in the northern portion of the city. This grant is funded by the American Rescue Plan. This project will create direct highway access for…
EDA: $1.5 Million in American Rescue Plan Funds Invested to Construct a Water Tower to Support Growing Industrial Park in Tonganoxie, KS
Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Tonganoxie, Kansas, to construct a water tower. This grant is funded by the American Rescue Plan. This project will provide water infrastructure to support the expansion of the Tonganoxie Business…
EDA: $1.3 Million in American Rescue Plan Funds Invested to Support Expansion of Farmers Market, Generating Opportunity for Small Business and Entrepreneuers in Columbia, MO
Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the city of Columbia, Missouri, to further develop and expand the city’s Farmers Market. This grant is funded by the American Rescue Plan. This project will create additional indoor space to accommodate double…
FEMA: President Biden Approves Major Disaster Declaration for Alaska
FEMA announced that federal disaster assistance has been made available to the state of Alaska to supplement state, tribal and local recovery efforts in the areas affected by a severe winter storm and straight-line winds Jan. 1- 4, 2022. Federal funding is available to the state, eligible local and tribal governments and certain private nonprofit…
HUD: $2.6 Billion Awarded to Help People Experiencing Homelessness
The awards include approximately 7,000 renewed and new grants that will promote a community-wide commitment to the goal of ending homelessness. The U.S. Department of Housing and Urban Development (HUD) today announced over $2.6 billion in FY 2021 Continuum of Care (CoC) Competition Awards for roughly 7,000 local homeless housing and service programs across the…
EDA: Louisiana Highlighted for Success in Innovation, Entrepreneurshipa nd Economic Reslience During High-Level International Delegation Visit
Senior Officials from Across the Western Hemisphere and Other Nations Set to Tour New Orleans, Baton Rouge, Lafayette, and Acadiana Today, the U.S. Department of Commerce’s Economic Development Administration (EDA), in coordination with the U.S. Department of State and the Organization of American States (OAS), announced that 52 high-level representatives from 20 countries will participate…
FEMA: President Biden Approves Major Disaster Declaration for Tennessee
FEMA announced that federal disaster assistance has been made available to the state of Tennessee to supplement state and local recovery efforts in the areas affected by a severe winter storm from Feb. 3-4, 2022. Federal funding is available to eligible state and local governments and certain private nonprofit organizations on a cost-sharing basis for emergency work and the repair or replacement…
FEMA: President Biden Approves Major Disaster Declaration for Virginia
FEMA announced that federal disaster assistance has been made available to the commonwealth of Virginia to supplement state, tribal and local recovery efforts in the areas affected by severe winter storms and snowstorms Jan. 2-3, 2022. Federal funding is available to the state, eligible local and tribal governments and certain private nonprofit organizations on a…