EDA: $646,559 Invested to Make Critical Water Infrastructure Improvements in Somerset, MA Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $646,559 grant to the town of Somerset, Massachusetts, to make water infrastructure improvements needed to support future business growth. The EDA grant project, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be matched with $646,559 in local funds and…
CFPB: New Podcast Series Announced Focused on Paying for Higher Education
The Consumer Financial Protection Bureau (Bureau) today released the first episodes of a two-part podcast series for students, parents, and practitioners on managing finances before, during, and after college. The podcast series, Financial inTuition, will include interviews with experts in financial aid, student loans, financial coaching, and planning. The podcasts also will highlight the Bureau’s…
Census Bureau: Over 88 Percent of Households Counted So Far in 2020 Census
Over 88% of housing units have been accounted for in the 2020 Census as of today, with 22.7% counted by census takers and other field data collection operations, and 65.5% of housing units responding online, by phone or by mail. Every day, the U.S. Census Bureau releases the 2020 Census housing unit completion rate for the nation,…
SBA: Women Empowerment and Entrepreneurship Celebrated with Opening of Mississippi Women’s Business Center
New resource will increase opportunities and accelerate economic recovery solutions for women entrepreneurs, particularly in disadvantaged communities The U.S. Small Business Administration today announced grant funding for a new SBA Women’s Business Center in Mississippi, which will be hosted by Alcorn State University, a designated historically black college and university (HBCU) in Claiborne County, Mississippi. “The SBA’s…
EDA: $2.5 Million Invested to Boost Business and Export Opportunities in Granite City, IL Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to America’s Central Port District, formerly known as Tri-City Regional Port District, Granite City, Illinois, to make storage-based infrastructure improvements needed to increase the Port’s capacity to handle freight and boost export opportunities. The…
EDA: $2.3 Million Invested to Protect Businesses from Flooding in Mauoketa, IA Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to the city of Maquoketa, Iowa, to make stormwater infrastructure improvements needed to protect the city’s industrial parks and commercial areas from future floods. The EDA grant, to be located in a Tax Cuts and…
EDA: $1.5 Million Invested to Build Infrastructure Needed to Support Business Growth Near Opportunity Zone in Hermiston, OR
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Hermiston, Oregon, to build water, sewer, and road infrastructure needed to create ‘shovel-ready’ industrial parcels for development within the South Hermiston Industrial Park. The EDA grant, to be located near…
EDA: Over $33 Million in CARES Act Funding Invested to Support Recovery from Coronavirus Pandemic
The U.S. Department of Commerce’s Economic Development (EDA) administration has awarded over $10 Million in CARES Act Funding to support economic development and economic recovery in response to the coronavirus pandemic. Investments include: September 3, 2020 – U.S. Department of Commerce Invests $7.2 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping…
HUD: Localities Urged to Prevent Evictions by Using CARES Act Grant Funds
Rental assistance to prevent evictions is an allowable use of the $7 billion in HUD CARES Act funds Consistent with President Trump’s Executive Order “Fighting the Spread of COVID-19 by Providing Assistance to Renters and Homeowners”, the U.S. Department of Housing and Urban Development (HUD) has reiterated the Trump Administration’s commitment to minimize displacement and evictions resulting…
SBA: National Small Business Week to Kick-Off September 22-24
Today, Jovita Carranza, Administrator of the U.S. Small Business Administration, announced the kick-off for National Small Business Week. The virtual event, rescheduled from May due to the coronavirus pandemic, will be held September 22-24. National Small Business Week honors the nation’s small businesses, many of which are veteran, women and minority-owned, for their achievements and dedication to…