EDA: $1.6 Million Invested to Protect Manufacturers from Future Flood Events in Harrison, AK
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 the city of Harrison, Arkansas, to limit the impact of future flood events on local manufacturing facilities by widening Goblin Drive. According to grantee estimates, the project is expected to create 150 jobs,…
EDA: $1.6 Million Invested to Support Critical Infrastructure Improvements in Brunson, SC
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 Lowcountry Regional Water System in South Carolina, to help rehabilitate the Town of Brunson’s sewer system. The grant will be matched with $726,000 in local funds. “Antiquated infrastructure has stunted economic growth in…
CDFI Fund: Reminders and Updates for FY 2019 CDFI Program and NACA Program Round Applicants
As a reminder for fiscal year (FY) 2019 Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) applicants, the deadline for online submission of the SF-424 through Grants.gov for this year’s CDFI Program and NACA Program funding rounds is May 3, 2019 at 11:59 p.m. ET. The deadline for online submission…
EDA: Investment Made to Help the Native Village of Napaimute Boost Commercial Activity in the Wood Products Sector
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced that it is investing to help the Native Village of Napaimute, Alaska, acquire vital equipment needed to spur economic growth in the wood products sector. “Supporting locally-devised strategies to boost economic opportunity is a major focus of the Trump Administration,” said U.S. Assistant Secretary…
SBA: National Small Business Week to Kick Off with Hackathon in Partnership with Visa
Participants to create disaster recovery solutions & compete for $60k prize pool The U.S. Small Business Administration and Visa will host a National Small Business Week Hackathon at the Inclusive Innovation Incubator in Washington, D.C. May 3-5. App developers, business owners and idea generators will face the challenge of mashing up application programming interfaces (APIs)…
HUD: University of Maryland Wins HUD 2019 Innovation in Affordable Housing Student Design and Planning Competition
The U.S. Department of Housing and Urban Development (HUD) announced a graduate student team from University of Maryland as the winners of HUD’s sixth annual Innovation in Affordable Housing Student Design and Planning Competition. The University of Maryland team was one of four finalists to design a new mixed-use development for low- and moderate-income residents situated…
CFPB: Symposia Series Announced to Explore Consumer Protections
Consumer Financial Protection Bureau Director Kathleen L. Kraninger announced a symposia series exploring consumer protections in today’s dynamic financial services marketplace. The series is aimed at stimulating a proactive and transparent dialogue to assist the Bureau in its policy development process, including possible future rulemakings. During each symposium, the Bureau will host a discussion panel…
HUD: White House and HUD Publish Opportunity Zone Implementation Plan
The White House Opportunity and Revitalization Council (“Council”) today published its Implementation Plan, outlining to President Donald J. Trump a detailed work plan for how the Council—chaired by U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson—will accomplish the goals specified in Executive Order 13583 of December 12, 2018. The Implementation Plan explains…
HUD: Additional $15 Million Awarded to Fight Housing Discrimination
Grants to support and promote fair housing nationwide To help end housing discrimination, the U.S. Department of Housing and Urban Development (HUD) today awarded an additional $15 million to support dozens of fair housing organizations working to confront violations of the nation’s landmark Fair Housing Act (see grant chart below). HUD’s grants are provided through…
EDA: $2.2 Million Invested to Make Critical Infrastructure Upgrades in South Sioux City, NE
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 the city of South Sioux City, Nebraska, to construct a 2.5 million-gallon water storage tank to be used by the expanding Roth Industrial Park. According to grantee estimates, the project is expected to…