Industry News

EDA: $1 Million Invested to Improve Access to Barge Port Development in Monona County, IA

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the county of Monona, Iowa, to make critical roadway improvements and improve access to the Monona County Barge Port. This EDA project, to be matched with $1.6 million in state and local funds,…

EDA: $824,000 in CARES Act Recovery Assistance Invested to Support Improvements to the National World War II Museum in New Orleans, LA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $824,000 CARES Act Recovery Assistance grant to the National World War II Museum, Inc., New Orleans, Louisiana, for campus site improvements and for audio and visual technical systems. This EDA grant, to be matched with $230,945 in local investment, is expected to…

EDA: $979,837 in CARES Act Recovery Assistance Invested to Support Agricultural Entrepreneurship in the Federated States of Micronesia

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $979,837 CARES Act Recovery Assistance grant to the College of Micronesia, Pohnpei, Federated States of Micronesia (FSM) to support economic opportunity and food security in the FSM through implementation of an agricultural entrepreneurship program. This EDA grant, to be matched with $72,494…

EDA: $880,640 in CARES Act Recovery Assistance Invested to Boost Broadband Capacity in West Central Colorado

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $880,640 CARES Act Recovery Assistance grant to the Region 10 League for Economic Assistance and Planning, Montrose, Colorado, to improve access to affordable, reliable, and abundant internet service in West Central Colorado. This EDA grant, to be matched with $220,160 in local…

EDA: $520,518 in CARES Act Recovery Assistance Invested to Support Development of Aquaculture Sector in Prince William Sound

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $520,518 CARES Act Recovery Assistance grant to the Chugach Regional Resources Commission, Anchorage, Alaska, to support development of the aquaculture sector in Prince William Sound. This EDA grant, to be matched with $97,235 in local investment, is expected to create 85 jobs…

HUD: Secretary Fudge and Others Discuss American Rescue Plan Homelessness Assistance Allocations

Secretary Fudge: “The COVID-19 pandemic has underscored just how important it is for every person to have access to safe and stable housing.”  Today, U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge, along with Connecticut Governor Ned Lamont and Washington, DC Mayor Muriel Bowser, held a Zoom call to discuss the…

HUD: Secretaries of HUD & VA Issue Joint Statement on Ending Veteran Homelessness

From HUD Secretary Marcia L. Fudge and VA Secretary Denis McDonough The Department of Housing and Urban Development’s 2020 Annual Homeless Assessment Report (AHAR) to Congress found that on a single night in January 2020, there were 37,252 Veterans experiencing homelessness in America, an increase of 0.4% over 2019. This number does not account for the…

HUD: More Than $90 Million for Affordable Housing Awarded in Tribal Communities

24 Tribes receive funds that will support the construction of approximately 350 new housing units The U.S. Department of Housing and Urban Development today announced over $90 million in grant awards to 24 Tribes and Tribally Designated Housing Entities (TDHEs) across the country to support new housing construction, housing rehabilitation, and critical infrastructure projects. “This…

FDIC: Agency and Duke University’s Pratt School of Engineering Announce Strategic Partnership to Promote Innovation

The Federal Deposit Insurance Corporation (FDIC) and Duke University’s Pratt School of Engineering today announced a strategic partnership to support technological innovation in the banking and financial services sectors. “This exciting collaboration will amplify our efforts to drive innovation in the banking ecosystem and within the FDIC,” said Sultan Meghji, FDIC’s Chief Innovation Officer. “We…

HUD: $13.7 Million Awarded to Public Housing Agencies for Emergency Safety and Security Improvements

The U.S. Department of Housing and Urban Development (HUD) today announced it is awarding $13.7 million to Public Housing Authorities (PHAs) throughout the country to make needed capital improvements in public housing developments that serve to enhance safety and security for residents. View a complete list of housing authorities that received funding. “Keeping families who live…