EDA: $4.7 Million Invested to Provide Critical Infrastructure Upgrades to Serve Alaska Opportunity Zones
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $4.7 million in the state of Alaska to help build and repair critical infrastructure needed to support business. The EDA grants, to be located in or to serve Tax Cuts and Jobs Act designated Opportunity Zone, will be matched with $4.4…
EDA: $2.35 Invested to Repurpose Former Coal Plant as Multitenant Space for Growing Companies in Berks County, PA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.35 million grant to Recycle the World, Inc., of King of Prussia, Pennsylvania, to help convert a former coal fired power plant to a multitenant building for growing companies in the region. This grant will be matched…
EDA: $2 Million Invested to Boost Manufacturing and Entrepreneurial Development in Clearfield, PA Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Clearfield County Economic Development Corporation to help construct a new facility that can accommodate manufacturing and entrepreneurial tenants. The EDA grant, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will…
EDA: $1.2 Million Investment Made to Provide Critical Infrastructure to Eastern Slope Airport in Fryeburg, ME
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 Eastern Slope Airport Authority of Fryeburg, Maine, to help construct an aircraft hangar that will support increased aviation activity in the region. The EDA grant, to serve a Tax Cuts and Jobs Act designated Opportunity…
EDA: $988,400 Grant Awarded to Support Workforce Training Efforts in Gallup, NM Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $988,400 grant to the Northwest New Mexico Council of Governments (NWNMCOG) of Gallup, New Mexico, to support a series of workforce development initiatives to make the region more resilient to economic downturns. The EDA grant, to be located in a Tax Cuts and…
HUD: $2.9 Million Awarded to 25 Tribes to Provide Housing for Native American Veterans Experiencing Homelessness
Tribal HUD-VASH to assist Native American Veterans The U.S. Department of Housing and Urban Development (HUD) today renewed $2.9 million in grants to 25 Tribes and tribally designated housing entities (TDHEs) that provide housing and supportive services to Native American Veterans who are experiencing or at risk of experiencing homelessness. The Tribal HUD-Veterans Affairs Supportive Housing…
FHFA: More Than 4.3 Million Homeowners Helped Since Conservatorships
The Federal Housing Finance Agency (FHFA) today released its second quarter 2019 Foreclosure Prevention Report, which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 31,757 foreclosure prevention actions in the second quarter of 2019, bringing the total number of foreclosure prevention actions to 4,354,561 since September 2008. The report also shows that 40 percent of loan modifications…
CFPB: Additions to Executive Team Announced
The Consumer Financial Protection Bureau (Bureau) today announced the following additions to its executive team: Desmond Brown will serve as the Deputy Associate Director for the Consumer Education and Engagement Division. Mr. Brown has more than two decades of experience working with national and local organizations to increase financial well-being and economic opportunities for consumers. He…
EDA: $4 Million Grant Awarded to Make Critical Water Infrastructure Updates in Plaquemines Parish, LA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to the Plaquemines Parish Government in Belle Chasse, Louisiana, to make water infrastructure improvements needed to protect businesses from the impact of future natural disasters. The EDA grant, to be matched with more than…
EDA: $3.8 Million Investment Made to Help Expand Victoria College Industrial Workforce Training Program
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.8 million grant to the Victoria County Junior College District of Victoria, Texas, to support the expansion of the College’s industrial workforce training program. The EDA grant, to be located near a Tax Cuts and Jobs Act designated Opportunity Zone,…