EDA: Last Week, Over $17 Million in American Rescue Plan Funds Invested
Last week, the following grants were made under the American Rescue Plan Funds program and the CARES Act Recovery Assistance program: June 21, 2022 – U.S. Department of Commerce Invests $3 Million in American Rescue Plan Funds to Support Manufacturing Expansion in Orange County, Indiana June 21, 2022 – U.S. Department of Commerce Invests $3.7 Million in…
EDA: $1.3 Million Invested to Boost Industrial Production in Union County, AR
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to Union County, Arkansas, to make railroad and other infrastructure improvements at the El Dorado Industrial Park. This project will construct railroad spurs and a cross-docking facility to support manufacturing business growth in…
HUD: $520 Million Announced to Protect Low-Income Households from Lead and Other Home Health and Safety Hazards
Secretary announces funding during visit to Pittsburgh, PA with Vice President Harris and EPA Administrator Regan U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge today announced that the Department is making available $520 million to state and local government agencies to protect children and families from lead-based paint and other home…
FHFA: 2021 Report to Congress Issued
The Federal Housing Finance Agency (FHFA) today released its 2021 Report to Congress. The statutorily-required report provides information about the Agency’s 2021 examinations of Fannie Mae, Freddie Mac (the Enterprises), the 11 Federal Home Loan Banks (FHLBanks), and the FHLBanks’ Joint Office of Finance. It also describes FHFA’s actions as conservator of Fannie Mae and Freddie Mac and provides…
SBA: Landmark Collaboration with Historically Black Fraternities and Sororities to Address the Wealth Gap Through Black Entrepreneurship Announced
First of its Kind Agreement That Will Focus on Improving Financial Literacy, Outreach and Capital Access Opportunities Across Communities Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 32.5 million small businesses in President Biden’s Cabinet, signed a Strategic Alliance Memorandum (SAM)–an authority unique to the SBA among federal agencies–with…
EDA: Last Week, Over $19 Million in American Rescue Plan Funds Invested
Last week, the following grants were made under the American Rescue Plan Funds program of the CARES Act Recovery Assistance program: June 14, 2022 – U.S. Department of Commerce Invests $8 Million in American Rescue Plan Funds to Support Tribal Enterprises on the Fort Independence Reservation June 14, 2022 – U.S. Department of Commerce Invests $2.4 Million…
EDA: $5.3 Million Invested to Support Tech-Based Business Growth in Grenada, MS
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $5.3 million grant to the Grenada County Board of Supervisors, Grenada, Mississippi, to bolster the region’s technology sector by improving access to Grenada Technology Park North. This EDA project will construct a four-lane access road into…
EDA: $1.5 Million Invested to Support Business Development in Laredo, TX
Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Laredo, Texas, to help build a two-mile road as part of the Springfield Avenue Extension. This grant will help boost business and job growth in the region by providing a…
EDA: $3 Million Invested to Support Existing and Future Business Needs in Millen, GA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the city of Millen, Georgia, for water infrastructure upgrades in support of local businesses. This EDA project will provide a new well and water tank that will ensure reliable water service to…
EDA: $723,935 Invested to Support Infrastructure Improvements in South Sioux City, NE
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $723,935 grant to the city of South Sioux City, Nebraska, to make critical infrastructure improvements needed to facilitate the growth of industry in the region. This grant will support construction of new roadway, water, and sewer infrastructure needed to accommodate expanded commercial…