EDA: $2.36 Million in American Rescue Plan Funds Invested to Expand Healthcare Jobs in Pikeville, KY
Award is Part of the Department of Commerce’s $300 million Coal Communities Commitment Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.36 million grant to Pikeville Medical Center, Inc., Pikeville, Kentucky, for the provision of new equipment that will be used to meet patient demand…
HUD: FHA Insures $12 Million Mortgage for Urban Redevelopment of Affordable Multifamily Housing in Baltimore
Insurance endorsement provided by FHA supports affordable financing to create 87 rental homes throughout several lots The Federal Housing Administration (FHA) announced on March 17 the final endorsement and completed construction of a $12 million loan insured under FHA’s 221(d)(4) mortgage insurance program for Marshall Gardens in Baltimore, Maryland. The property was named after Thurgood…
HUD: $5 Million Loan Guarantee Announced for St. Johns County for Construction of Multipurpose Community Center
Loan guarantee will provide financing for the construction and planning costs, site development, and construction of a multipurpose community center and library facility. The U.S. Department of Housing and Urban Development (HUD) today announced a $5,075,000 loan guarantee to St. Johns County, Florida to help finance the construction of the Hastings Community Center and Library…
HUD: $1.1 Million Loan Guarantee Announced for Berks County to Renovate Commercial Building, Expand Business
Loan guarantee will provide financing for the rehabilitation and renovation of a commercial property that will retain current jobs and create new employment opportunities. The U.S. Department of Housing and Urban Development (HUD) today announced a $1,100,000 loan guarantee to Berks County, Pennsylvania to assist the Berks County Nonprofit Development Corporation (BCNDC) with the financing…
SBA: New “Building a Better America: A Small Business Resource Community” Virtual Engagement Series Launched
New virtual series will connect small businesses with SBA resources and networks as the nation’s historic strong economic recovery powers return to normalcy Today, the U.S. Small Business Administration (SBA) and Public Private Strategies Institute (PPSI) announced the launch of Building a Better America: A Small Business Resource Community (BBA Resource Community), a new engagement series geared toward connecting…
SBA: National Small Business Week Announced for May 1-7, 2022
SBA Will Recognize Top Small Businesses with a Four-Day Series of Events Including a Live Virtual Summit, Educational Sessions, and Award Presentations 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, announced that National Small Business Week (NSBW): Building a Better America Through Entrepreneurship will…
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…