EDA: $2.2 Million Invested to Boost Economic Diversification Efforts in Ohio’s 18-County Appalachian Region
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.2 million grant to Ohio University, Athens, Ohio, to provide technical assistance to accelerate the economic transition to new industries in 18 counties in Appalachian Ohio. The EDA grant will be matched with $550,000 in local funds….
EDA: $5 Million Invested in CARES Act Recovery Assistance to Support Reopening of Tourism Economy in Florida
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $5 million CARES Act Recovery Assistance grant to the Florida Tourist Industry Marketing Corporation, Inc., Tallahassee, Florida, to develop and implement a collaborative statewide tourism recovery marketing campaign to respond to the extreme economic injury caused to…
EDA: $3.8 Million Invested to Provide Critical Hospital Infrastructure Enhancements in Mobile, AL
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.8 million grant to the University of South Alabama, Mobile, Alabama, to install a new emergency generator system to ensure consistent and reliable power for the University Hospital. The EDA grant will be matched with more than…
HUD: $10 Million in Capacity Building Grants for Rural America Announced
Grants help national non-profits build capacity to create affordable housing and stimulate community development in rural areas The U.S. Department of Housing and Urban Development (HUD) today awarded $10 million in capacity-building grants to five national non-profit organizations which will, in turn, fund rural housing development organizations, Community Development Corporations (CDCs), Community Housing Development Organizations…
FHFA: Fannie Mae’s and Freddie Mac’s Duty to Serve Underserved Markets Plans for 2021 Announced
The Federal Housing Finance Agency (FHFA) today published the 2021 Underserved Markets Plans for Fannie Mae and Freddie Mac (the Enterprises) under the Duty to Serve (DTS) program. The Plans became effective January 1, 2021. FHFA issued a final rule in 2016 that implemented the DTS provisions as mandated by the Housing and Economic Recovery Act of…
SBA: Largest Expansion of Women’s Business Centers in 30 Years Launched
20 Women’s Business Centers to Open Across America Supporting Women-Owned Small Businesses The U.S. Small Business Administration today announced grant funding and the historic launch of 20 new Women’s Business Centers (WBC) across America to serve rural, urban and underserved communities alike. The opening of the 20 new WBCs is the largest single expansion of WBCs across America in…
SBA: COVID-19 Economic Injury Disaster Loan Application Deadline Extended through December 31, 2021
The U.S. Small Business Administration today announced that the deadline to apply for the Economic Injury Disaster Loan (EIDL) program for the COVID-19 Pandemic disaster declaration is extended to Dec. 31, 2021. The U.S. Small Business Administration today announced that the deadline to apply for the Economic Injury Disaster Loan (EIDL) program for the COVID-19 Pandemic disaster declaration is…
CDFI Fund: Public Comments Requested on Capital Magnet Fund Application and Annual Performance Report
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the Community Development Financial Institutions Fund (CDFI Fund),…
EDA: $1.6 Million Invested to Support Research and Education in Pittsburg, KS Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to Pittsburg State University, Pittsburg, Kansas, to provide instrumentation and equipment to the newly established National Institute for Materials Advancement at the Kansas Polymer Research Center. The EDA grant, to be located in a Tax…
CDFI Fund: Public Comments Sought on NMTC Program Allocation Application
The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Pub. L. No. 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently,…