Industry News

HUD: Localities Urged to Prevent Evictions by Using CARES Act Grant Funds

Rental assistance to prevent evictions is an allowable use of the $7 billion in HUD CARES Act funds Consistent with President Trump’s Executive Order “Fighting the Spread of COVID-19 by Providing Assistance to Renters and Homeowners”, the U.S. Department of Housing and Urban Development (HUD) has reiterated the Trump Administration’s commitment to minimize displacement and evictions resulting…

SBA: National Small Business Week to Kick-Off September 22-24

Today, Jovita Carranza, Administrator of the U.S. Small Business Administration, announced the kick-off for National Small Business Week. The virtual event, rescheduled from May due to the coronavirus pandemic, will be held September 22-24. National Small Business Week honors the nation’s small businesses, many of which are veteran, women and minority-owned, for their achievements and dedication to…

EDA: $2.5 Million Invested to Make Wastewater Infrastructure Improvements in Marble Falls, TX

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the city of Marble Falls, Texas, to build a new flood-resistant wastewater treatment plant that will increase the city’s capacity to protect businesses from flooding and encourage additional business development. The EDA grant,…

EDA: $1.25 Million Invested to Improve Wastewater Infrastructure Near Opportunity Zone in Pulaski, VA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.25 million grant to the Town of Pulaski, Virginia, to make wastewater infrastructure improvements needed to support growth of the region’s vital manufacturing sector. The EDA grant, to be located near a Tax Cuts and Jobs Act Opportunity Zone,…

EDA: $1.5 Million Invested to Make Critical Infrastructure Improvements in Artesia, NM

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Artesia, New Mexico, to support business location and expansion plans by making critical infrastructure improvements to the city’s industrial park. The EDA grant will be matched with $1.5 million in…

EDA: $1.2 Million Invested to Construct Rail Spur to Serve Industrial Park in Corsicana, TX 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 city of Corsicana, Texas, to construct an industrial rail spur to serve the Highway 31 Industrial Park. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be…

EDA: $1 Million Invested to Upgrade Infrastructure and Boost Business Development in Las Cruces, NM Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the Regents of New Mexico State University, Las Cruces, New Mexico, to make critical infrastructure improvements at New Mexico State University’s Arrowhead Park. The EDA grant, to be located in a Tax Cuts and…

EDA: $2.45 Million Invested to Improve Stormwater Infrastructure in Support of Business Growth in Atlantic City, NJ

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.45 million grant to Atlantic City, New Jersey, to make stormwater infrastructure improvements needed to protect downtown businesses from flooding and facilitate the location of new businesses, including major medical and energy enterprises. The EDA grant, to…

HUD: Georgia Commission on Equal Opportunity Joins the Fair Housing Assistance Program

The Department of Housing and Urban Development announced today that the Georgia Commission on Equal Opportunity (GCEO) is joining the Fair Housing Assistance Program (FHAP) as an Interim Certified agency. GCEO is a state-level fair housing enforcement agency and is the only organization of its type serving the state. HUD’s Fair Housing Assistance Program comprises…

HUD: $100 Million in CARES Act Funding Provided to Native American Tribes to Support Coronavirus Recovery Efforts

Today, the U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson announced that HUD has awarded a total of $100 million to Tribes across the Nation as part of HUD’s Indian Community Development Block Grant Imminent Threat program (ICDBG-CARES). This funding helps address problems that pose an imminent threat to public health or…