FHFA: COVID-19 Foreclosure and REO Eviction Moratoriums Extended until July 31, 2021
Today, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) are extending the moratoriums on single-family foreclosures and real estate owned (REO) evictions until July 31, 2021. The foreclosure moratorium applies to Enterprise-backed, single-family mortgages only. The REO eviction moratorium applies to properties that have been acquired by an…
FDIC: “Fintech: A Bridge to Economic Inclusion” Virtual Conference Scheduled for June 29th
June 29th event to address how technology can create greater opportunities The Federal Deposit Insurance Corporation (FDIC) will host a virtual conference on Tuesday, June 29, 2021, to explore how financial technology and innovation can create a more diverse, equitable and inclusive banking system. Fintech: A Bridge to Economic Inclusion will feature leading voices in the world of…
EDA: $2.9 Million in CARES Act Recovery Assistance Invested in New Water Treatment Plant to Spur Business Expansion in Sophia, WV
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.9 million CARES Act Recovery Assistance grant to the Raleigh County Public Service District, Sophia, West Virginia, for construction of a new water treatment plant to support business expansion. This EDA grant, to be matched with…
EDA: $2.3 Million in CARES Act Recovery Assistance Invested to Support Business Expansion and Job Growth in Paris, KY
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.3 million CARES Act Recovery Assistance grant to the Paris-Bourbon County Economic Development Authority, Paris, Kentucky, for roadway infrastructure improvements to accommodate the expansion of the Paris-Bourbon County Industrial Park and support future business needs. This…
EDA: $1.9 Million in CARES Act Recovery Assistance Invested to Spur Entrepreneurship and Innovation in Youngstown, OH
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million CARES Act Recovery Assistance grant to the Youngstown Edison Incubator Corporation (Youngstown Business Incubator), Youngstown, Ohio, to renovate a 65,000 square foot building and further enhance the organization’s capacity to spur entrepreneurship and innovation…
EDA: $1.3 Million Invested to Support Growth of Biotechnology, Life Sciences, and Research and Development Industries in Worcester, MA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the city of Worcester, Massachusetts, for infrastructure improvements needed to serve the Reactory Biotechnology Park and grow the region’s critical biotechnology, life sciences, and research and development industries and foster economic growth….
EDA: $588,000 in CARES Act Recovery Assistance Invested to Support Maryland Businesess as They Recover from the Coronavirus Pandemic
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $588,000 CARES Act Recovery Assistance grant to the Maryland Department of Commerce, Baltimore, Maryland, to support the growth and resiliency of coronavirus disrupted businesses by expanding the Maryland Defense Diversification Assistance (MDDA) program to serve the current needs of the broader business…
EDA: $587,500 Invested to Support Business Expansion and Growth in Lewisburg, TN
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $587,500 grant to the city of Lewisburg, Tennessee, to make critical sewer system improvements needed to support business recruitment and expansion efforts at the Lewisburg Industrial Park. This EDA grant, to be matched with $587,500 in local investment, is expected to create…
EDA: $577,917 in CARES Act Recovery Assistance Invested to Boost Biotechnology Workforce Training Efforts at Alamance Community College in Graham, NC
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $577,917 CARES Act Recovery Assistance grant to Alamance Community College, Graham, North Carolina, to support the region’s growing biotechnology sector by purchasing equipment needed to train students for careers in life sciences through the college’s new Biotechnology Center of Excellence. This EDA…
EDA: $500,000 in CARES Act Recovery Assistance Invested to Develop Extended Reality Technology Hub in St. Louis, MO
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 CARES Act Recovery Assistance grant to Technology Entrepreneur Center, Inc. (T-REX), St. Louis, Missouri, to establish an Extended Reality and Simulation Lab that will address the pressing challenges of working, educating, and meeting remotely by leveraging innovations in Extended Reality (XR)…