EDA: $3.6 Million Invested to Improve Water System Infrastructure and Reliability in Dayton, OH
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.6 million grant to the city of Dayton, Ohio, to purchase and establish new electric generators needed to ensure continued business operations in Montgomery and Greene counties. The EDA grant will be matched with $900,000 in local…
EDA: $3.2 Million Invested to Make Critical Wastewater Improvements Near Beverly, WV Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.2 million grant to the town of Beverly, West Virginia, to make flood control infrastructure improvements needed to protect manufacturing and other businesses from flooding. The EDA grant, to be located near a Tax Cuts and Jobs Act Opportunity…
EDA: $3 Million Invested to Help Enhance Critical Infrastructure and Disaster Response Services for the Thlopthlocco Tribal Town
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Thlopthlocco Tribal Town, Okemah, Oklahoma, to support economic development and diversification efforts within the tribal area, as well as providing necessary infrastructure for disaster response. The EDA grant is expected to create…
EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Expand Broadband Access Across New Mexico
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to the New Mexico Department of Information Technology, Santa Fe, New Mexico, to provide technical assistance for state government entities seeking to expand broadband infrastructure and services in response to…
EDA: $1.2 Million Invested to Support Growth of Aerospace Sector Near Charleston, WV Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the Central West Virginia Regional Airport Authority, Charleston, West Virginia, to make infrastructure improvements needed to support the growth of aerospace businesses at the Yeager Aviation Business Park. The EDA grant, to be…
FEMA: President Trump Approves Emergency Disaster Declaration for Louisiana
FEMA announced federal disaster assistance has been made available to the state of Louisiana to supplement the state’s response efforts in the areas affected by Hurricane Delta from Oct. 6, 2020, and continuing. Federal funding is available to the state, eligible tribal and local governments, and certain private nonprofit organizations on a cost-sharing basis for…
FEMA: President Trump Approves Emergency Declaration for Mississippi
FEMA announced federal disaster assistance has been made available to the state of Mississippi to supplement the state’s response efforts in the areas affected by Hurricane Delta beginning Oct. 7, and continuing. Federal funding is available to the state, eligible tribal and local governments, and certain private nonprofit organizations on a cost-sharing basis for emergency…
Census Bureau: Small Business Pulse Survey Phase 2 Weekly Data Released
The U.S. Census Bureau today released new data from the second phase of the experimental Small Business Pulse Survey. Data collection began Aug. 9, 2020. Results will be released weekly starting Aug. 20 through Oct. 15, 2020. The second phase includes questions on the core concepts from the first phase of the survey, as well as…
SBA: Simpler PPP Forgiveness for Loans of $50,000 or Less Announced
The U.S. Small Business Administration, in consultation with the Treasury Department, today released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less. This action streamlines the PPP forgiveness process to provide financial and administrative relief to America’s smallest businesses while also ensuring sound stewardship of taxpayer dollars. “The PPP has provided…
CFPB: Report Finds Continued Decline in the Market for Certain Kinds of College Credit Cards
The Consumer Financial Protection Bureau (Bureau) issued a report today on agreements between credit card issuers and institutions of higher education, as well as certain organizations affiliated with such institutions. The report finds that in 2019 the number of total agreements in effect, as well as the number of accounts open under the agreements, continues…