EDA: $4.8 Million Invested to Protect Businesses from Flooding and Support Economic Growth in Moberly, MO Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.8 million grant to the city of Moberly, Missouri, to make water and wastewater infrastructure improvements needed to support businesses growth. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be matched…
HUD: FHA Launches FHA Catalyst Electronic Multifamily Application Submission Capabilities
First FHA Catalyst module for Multifamily lenders will eliminate paper-based submissions of FHA insurance applications The Federal Housing Administration (FHA) today announced the availability of the first module on its FHA Catalyst technology platform for Multifamily lenders doing business with FHA. The FHA Catalyst: Multifamily Applications module will allow eligible Multifamily lenders to electronically submit applications for FHA…
ABA: Bank Employees Across U.S. Share Financial Knowledge with Students on Get Smart About Credit Day
Bank employees across the country will celebrate the American Bankers Association Foundation’s Get Smart About Credit Day on Oct. 15th by presenting virtual lessons to teens and young adults on a range of personal finance topics. Given the economic disruption from the ongoing pandemic, this year’s online campaign is particularly timely. Get Smart About Credit Day, celebrated…
EDA: $21.9 Million Invested to Boost Capacity of Crown Bay Terminal in St. Thomas, USVI Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $21.9 million grant to the Virgin Islands Port Authority, St. Thomas, United State Virgin Islands, to rebuild and expand cargo handling and storage infrastructure at the Crown Bay Terminal to support increased exports and imports and enhance…
EDA: $3.9 Million Invested to Establish Advanced Manufacturing and Construct Center of Excellence in Perry County, KY Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.9 million grant to the Kentucky Community and Technical College System, Versailles, Kentucky, to renovate an existing technological building at Hazard Community and Technical College in Perry County to house the College’s new Advanced Manufacturing and Construction…
EDA: $3.6 Million Invested to Improve Water System Infrastructure and Reliability in Dayton, OH
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.6 million grant to the city of Dayton, Ohio, to purchase and establish new electric generators needed to ensure continued business operations in Montgomery and Greene counties. The EDA grant will be matched with $900,000 in local…
EDA: $3.2 Million Invested to Make Critical Wastewater Improvements Near Beverly, WV Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.2 million grant to the town of Beverly, West Virginia, to make flood control infrastructure improvements needed to protect manufacturing and other businesses from flooding. The EDA grant, to be located near a Tax Cuts and Jobs Act Opportunity…
EDA: $3 Million Invested to Help Enhance Critical Infrastructure and Disaster Response Services for the Thlopthlocco Tribal Town
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Thlopthlocco Tribal Town, Okemah, Oklahoma, to support economic development and diversification efforts within the tribal area, as well as providing necessary infrastructure for disaster response. The EDA grant is expected to create…
EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Expand Broadband Access Across New Mexico
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to the New Mexico Department of Information Technology, Santa Fe, New Mexico, to provide technical assistance for state government entities seeking to expand broadband infrastructure and services in response to…
EDA: $1.2 Million Invested to Support Growth of Aerospace Sector Near Charleston, WV Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the Central West Virginia Regional Airport Authority, Charleston, West Virginia, to make infrastructure improvements needed to support the growth of aerospace businesses at the Yeager Aviation Business Park. The EDA grant, to be…