Investments & Funding

HUD: Nearly $4 Million Loan Guarantee Announced for Gordon Moore Park Improvement Project in Alton, IL

The U.S. Department of Housing and Urban Development (HUD) today announced a $3,916,000 loan guarantee to the County of Madison, Illinois for renovations to the Gordon Moore Park, a 704-acre public park with a wide variety of attractions, sports fields, and gardens. Through this new funding, the County, in partnership with the City of Alton,…

SBA: $1 Million Announced for Grant Awardees to Expand Resources for Veteran Entrepreneurs

Ohio, Pennsylvania, and Puerto Rico-based Grantees to Offer New Veterans Business Outreach Centers Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, announced more than $1 million in grant awards(Link is external) to three organizations in Ohio, Pennsylvania, and Puerto Rico. The…

EDA: $3 Million Invested to Expand Workforce Training in Franklin County, IA

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to North Iowa Area Community College in Mason City, Iowa, to expand workforce training in key industries. This grant will construct a new continuing education training center in Franklin County to strengthen the regional workforce…

EDA: $1.2 Million Invested to Support Tourism and Business Growth in Cuero, TX

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the Cuero Chamber of Commerce, Agriculture & Visitor’s Bureau in Cuero, Texas, to support tourism and business growth in the region. This grant will renovate an existing building to create a visitor’s center, events…

HUD: More Than $10 Million Announced to Help End Homelessness Among Native American Veterans

New funding will help Native American veterans facing homelessness access and maintain quality, affordable housing The U.S. Department of Housing and Urban Development (HUD) today announced more than $10 million to provide rental assistance and supportive housing services to Native American veterans who are experiencing or at risk of homelessness. Federal investment in Native American…

HUD: $3.7 Million Announced for Home Repairs for Seniors

Newly announced grants will deliver home modification services for seniors across the country. The U.S. Department of Housing and Urban Development (HUD) today awarded more than $3.7 million to two nonprofit organizations and a local housing authority to enable low-income elderly persons to remain in their homes through low-cost, low barrier, high impact home modifications….

EDA: $10.7 Million Invested for Water Infrastructure Improvements to Support Job Growth in Hazard, KY

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding $10.7 million for water infrastructure improvements needed to support job growth and economic resiliency in the region. This grant will provide for increased water service at the Coal Fields Regional Industrial Park, providing greater capacity to local businesses. This…

EDA: $13.5 Million Invested for Water Infrastructure Improvements to Support Business Growth in Lake City, SC

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $13.5 million grant to the city of Lake City, South Carolina, for water infrastructure improvements needed to support local businesses. This grant will alleviate flooding in the downtown area, helping to reduce structural and economic damage to businesses,…

EDA: $2.5 Million Invested to Support Business Expansion and Industrial Growth in Milbank, SD

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the city of Milbank, South Dakota, to boot business growth in the region. This grant will help build new roadways and utilities needed to expand the industrial park in Milbank. This EDA investment will…

EDA: $2.1 Million Invested to Support Agriculture and Ecotourism in Belen, NM

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.1 million grant to the Valencia Soil and Water Conservation District in Belen, New Mexico, to support economic resiliency efforts in agriculture and ecotourism following wildfires in 2023. This grant will support construction of an operations and economic…