EDA: $2 Million in CARES Act Recovery Assistance Invested to Support Broadband Infrastructure in Little River County, AR
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to Little River County, Arkansas, to construct fiber optic cable lines to support broadband infrastructure. This EDA grant will be matched with $500,000 in local funds. “President Biden is…
EDA: $2 Million Invested to Improve Natural Gas Infrastructure and Support Local Businesses in Warner Robins, GA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Warner Robins, Georgia, to provide natural gas infrastructure improvements, helping local businesses to expand. This EDA project, to be matched with $4.6 million in local funds, is expected to…
EDA: $1.8 Million Invested for Wastewater Treatment Upgrades to Support Job Growth in Dunlap, TX
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million grant to the city of Dunlap, Tennessee, to provide upgrades and new equipment to the wastewater treatment plant, supporting economic growth and job creation. This EDA project, to be matched with $440,000 in local…
EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Support Business Park Improvements in Bowie, TX
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to the Bowie Economic Development Corporation, Bowie, Texas, to undertake infrastructure improvements and construct a spec building at the Bowie Business Park. This EDA grant, to be matched with…
EDA: $1.6 Million Invested to Capitalize Revolving Loan Fund and Support Small Businesses in Montgomery, AL
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the South Central Alabama Development Commission in Montgomery, Alabama, to capitalize and administer a Revolving Loan Fund, providing gap financing to local small businesses. This EDA project will be matched with $400,000…
EDA: $849,185 Invested to Support Business Resiliency Efforts in Ekwok, AK
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $849,185 grant to the Native Village of Ekwok, Alaska, to build a multi-purpose facility that will enhance the resiliency of the area’s business community. This EDA grant is expected to create or retain 55 jobs and generate $45,000 in private investment. “President…
EDA: $1 Million Invested to Support Workforce Development Efforts in Western Washington
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the Thurston Economic Development Council for Business & Innovation, Lacey, Washington, to support the workforce development programs of Lacey MakerSpace in Western Washington. This EDA project, to be matched with $251,700 in…
EDA: $600,000 Invested to Create a Personal Protective Equipment Laboratory in Conover, NC
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,000 grant to the city of Conover, North Carolina, to purchase critical supplies in support of a new personal protective equipment (PPE) laboratory. This EDA grant, to be matched with $150,000 in local investment, is expected to create 82 jobs and generate…
CDFI Fund: FY 2021 CDFI Program and NACA Program Technical Assistance Awards Announced
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 191 organizations more than $24.1 million in awards today. The fiscal year (FY) 2021 Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) Technical Assistance Awards will allow Certified Community Development Financial Institutions (CDFIs) and…
HUD: $142 Million Awarded to Help End Youth Homelessness
Grants to support innovative housing programs in 33 communities The U.S. Department of Housing and Urban Development (HUD) is awarding $142 million to build systems to end youth homelessness in 33 local communities, including 11 rural communities. HUD’s Youth Homelessness Demonstration Program (YHDP) will support a wide range of housing programs including rapid rehousing, permanent supportive housing,…