CRA Newswire

EDA: $3.5 Million in CARES Act Recovery Assistance Invested to Support Tech-Based Business Growth in Bloomington, IN

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.5 million CARES Act Recovery Assistance grant to the city of Bloomington, Indiana, to construct the Trades District Technology Center to support the growth of tech-based businesses. This EDA grant, to be matched with $1.6 million…

EDA: $3 Million Invested to Increase Commercial Space for Tech-Based Companies in Amherst County, VA

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 Economic Development Authority of Amherst County, Virginia, to provide operational space to technology-based industries. This EDA project, to be matched with $1.3 million in local funds, is expected to create 45…

EDA: $2.5 Million in CARES Act Recovery Assistance Invested to Boost Workforce Development Efforts in Amarillo, TX

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million CARES Act Recovery Assistance grant to the Panhandle Regional Planning Commission, Amarillo, Texas, to support the purchase and renovation of a workforce development center. This EDA grant will be matched with $551,187 in local…

EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Support Construction of a Healthcare Facility in Anthony, NM

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 city of Anthony, New Mexico, to support construction of an Urgent Care medical facility. This EDA grant, to be matched with $375,000 in local funds, is expected…

EDA: $1.2 Million in CARES Act Recovery Assistance Invested to Support Post-Pandemic Recovery of Pennsylvania’s Small Businesses

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million CARES Act Recovery Assistance grant to Temple University, Philadelphia, Pennsylvania, to support the post-pandemic recovery of Pennsylvania’s small businesses through the PA Digital Transformation and E-commerce Program. This EDA grant, to be matched with…

EDA: $960,000 Invested to Support Infrastructure Study of Vallejo, California’s Mare Island

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $960,000 grant to the city of Vallejo, California, to conduct an infrastructure study of Mare Island. This EDA grant will be matched with $540,000 in local investment. “Improving our nation’s infrastructure is a critical component of President Bidens’s Build Back Better agenda…

OCC: CRA Evaluations for 19 National Banks and Federal Savings Association Released

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of August 1, 2021 through August 31, 2021.  The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings.  The…

FEMA: President Biden Approves Major Disaster Declaration for North Dakota

FEMA announced today that federal disaster assistance has been made available to the state of North Dakota to supplement state, tribal and local recovery efforts in the areas affected by a severe storm, straight-line winds and flooding from June 7-11, 2021. Federal funding also is available to state, tribal and eligible local governments and certain…

HUD: Disaster Mitigation Plan to Build Resilience to Future Wildfires in California Approved

Department’s action greenlights California proposed uses of disaster mitigation funds  The U.S. Department of Housing and Urban Development (HUD) today signed off on California’s second Community Development Block Grant Mitigation (CDBG-MIT) Program Action Plan, approving the state’s proposed uses of previously-allocated disaster mitigation funds to build resilience to future wildfires. “As conflagrations in California continue…

HUD: Disaster Assistance Announced for Louisiana Disaster Survivors

The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in the State of Louisiana affected by Hurricane Ida. On August 29, President Biden issued a major disaster declaration for the following parishes: Ascension, Assumption, East Baton Rouge, East Feliciana, Iberia, Iberville, Jefferson, Lafourche, Livingston, Orleans, Plaquemines, Pointe…