Investments & Funding

EDA: $1.5 Million Invested for Airport Infrastructure Improvements to Support Business Development in Granbury, TX

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Granbury, Texas’ Economic Development Department for infrastructure improvements at Granbury Regional Airport to support business development in the region. This grant will provide airport access to larger aircraft, attracting additional businesses…

EDA: $1.3 Million Invested to Support Advanced Manufacturing Workforce Development in Parkersburg, WV

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to West Virginia University at Parkersburg (WVUP) to boost advanced manufacturing workforce training efforts in the region. This grant will support development of the WVUP Advanced Manufacturing Training Facility and the procurement of related equipment….

EDA: $690,000 Invested to Establish Integrated Therapy Center in Cleveland, NM

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $690,000 grant to Collins Lake Autism Center in Cleveland, New Mexico, to help build an integrated therapy center. This grant will support training for counselors and therapists who will provide mental health and trauma recovery following devastating wildfires in the area. This…

HUD: $1.5 Million in Funding Awarded to Help Families Find Housing in Neighborhoods with HUD Vouchers

Awards provide support to Public Housing Agencies in developing plans for families to maximize housing and neighborhood choice. Today, the U.S. Department of Housing and Urban Development (HUD) announced $1.5 million in Housing Mobility-Related Services Planning awards to 25 Public Housing Agencies (PHAs) across 14 states. These funds enable PHAs to implement programs in their…

EDA: New Funding Round of $504 Million Announced for 12 Tech Hubs Across America

The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), announced another funding round of approximately $504 million in implementation grants to 12 Tech Hubs to scale up the production of critical technologies, create jobs in innovative industries, strengthen U.S. economic competitiveness and national security, and accelerate the growth of industries of the future in…

SBA: New Solicitation Announced to Expand Funding for Regional Innovation Cluster Network

Regional Innovation Clusters Will Increase Startup and Small Business Participation in U.S. Supply Chain 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 33 million small businesses, announced a new funding solicitation for the SBA’s Regional Innovation Cluster (RIC) Initiative that will make awards…

HUD: $26 Million Awarded to Address the HIV Epidemic through Housing

Funding empowers communities to develop and execute new projects, positioning housing as a key strategy to combat the HIV epidemic. Today, the U.S. Department of Housing and Urban Development (HUD) awarded $26 million in Housing Interventions to End the HIV Epidemic program funding. This funding will go to 11 communities across the nation. Grantees receive…

HUD: Nearly $85 Million Invested to Take Additional Steps to Increase Housing Supply and Lower Housing Costs Across the Country

Vice President Harris and Acting Secretary Todman announced funding for communities to eliminate barriers to building housing, production and launch innovative strategies to address local housing needs. Today, Vice President Kamala Harris and HUD Acting Secretary Adrianne Todman announced that the Biden-Harris Administration is awarding $85 million in grant funding for the Pathways to Removing…

HUD: More Than $142 Million Announced for Climate Resilience and Energy Efficiency Renovations in HUD-Supported Housing

As part of President Biden’s Investing in America Agenda, HUD announces new awards under the Green and Resilient Retrofit Program to combat the climate crisis, advance environmental justice, and modernize affordable housing The U.S. Department of Housing and Urban Development (HUD) today announced more than $142 million in new grant and loan awards under its Green…

EDA: $7.8 Million Invested to Support Educational and Workforce Development in Virginia

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $7.8 million in the state of Virginia to support educational and workforce development following natural disasters in the state. The EDA investments announced today are: “President Biden is committed to ensuring that all communities in Virginia and across the…