EDA: $2.5 Million in CARES Act Recovery Assistance Invested to Renovate Northwest Medical Center in Winfield, AL
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 Healthcare Authority of Winfield, Winfield, Alabama, to renovate Northwest Medical Center. This EDA grant, matched by $1.5 million in local funds, is expected to generate nearly $2 million…
EDA: $2 Million Invested to Make Water Infrastructure Improvements Needed to Grow the Automotive Sector in Greer, SC
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 Greer Commission of Public Works, Greer, South Carolina, to construct a new pump station needed to accommodate the expansion of the region’s automotive sector. This EDA project, to be matched with…
EDA: $1.8 Million Invested to Improve Water and Sewer Services in Support of Business and Job Growth Efforts in Tennessee
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is investing $1.8 million in the state of Tennessee to update and improve water infrastructure to support current and future business needs. “President Biden is committed to making sure the United States once again leads the world across the…
EDA: $1.5 Million Invested to Establish a Water Treatment Facility to Support Business Growth in Waynesboro, GA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Waynesboro, Georgia, to establish a water well and water treatment facility needed to accommodate local business needs. This EDA project, to be matched with $1.5 million in local funds,…
EDA: $620,000 Invested for Infrastructure Improvements to Spur Business Growth in Santa Cruz, CA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $620,000 grant to the city of Santa Cruz, California, to make critical infrastructure improvements needed to expand usable business space in the city. This EDA grant, to be matched with $155,000 in local investment, is expected to create 75 jobs and generate…
SBA: “Getting Bank on Track: Help Is Here” Webinar Series Launched to Help America’s Small Business Owners and Entrepreneurs
Today, the U.S. Small Business Administration and the non-profit Public Private Strategies Institute will launch a new regional webinar series, “Getting Back on Track: Help is Here,” to provide Main Street entrepreneurs with the information and resources they need to continue to recover from the COVID-19 pandemic. The educational webinars will feature speakers from The White House, the SBA,…
Census Bureau: Household Pulse Survey Phase 3.1 Biweekly Data Released
The U.S. Census Bureau today released new data from phase 3.1 of the experimental Household Pulse Survey. Phase 3.1 includes substantial revisions to the questionnaire. Additional questions address the following new topics: disability, child health access, telehealth and child care. Also included are demographic questions to identify service members and military spouses, and questions to classify respondents employed…
SBA: Last Call for Restaurant Revitalization Fund Applications
Administrator Isabella Casillas Guzman announced that eligible eating establishments have until Monday, May 24, 8 p.m. ET, to submit applications to the Restaurant Revitalization Fund. “If our nation’s food and beverage industry is going to fully recover, we must ensure as many of the hardest-hit businesses get the economic aid they need,” said Administrator Guzman….
SBA: New HUBZones Announced to Expand Federal Contracting Opportunities for Small Businesses
The U.S. Small Business Administration’s Administrator Isabella Casillas Guzman today announced the expansion of HUBZone, a program that provides small businesses in low-income communities that hire low-income residents opportunities to compete in the federal marketplace. The announcement makes Illinois the first state to have the newly created Governor-Designated Covered HUBZones. “This expansion of HUBZone areas in…
FHFA: Fannie Mae’s and Freddie Mac’s Proposed Duty to Serve Underserved Markets Plans for 2022-2024 Announced
The Federal Housing Finance Agency (FHFA) today published the proposed 2022-2024 Underserved Markets Plans submitted by Fannie Mae and Freddie Mac (the Enterprises) under the Duty to Serve (DTS) program. The proposed Plans cover the period from January 1, 2022 to December 31, 2024. FHFA issued a final rule in 2016 that implemented the DTS provisions as…