EDA: $1.2 Million Invested to Fund Critical Infrastructure Upgrades in Darlington, SC
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 city of Darlington, South Carolina, to make wastewater system infrastructure upgrades needed to support local business development efforts. This grant will be matched with $305,580 in local investments. “The Trump Administration has…
FEMA: President Trump Approves Major Disaster Declaration for South Dakota
FEMA announced that federal disaster assistance has been made available to the state of South Dakota to supplement state, tribal and local recovery efforts in the areas affected by severe storms and flooding beginning on May 26 to June 7, 2019. Federal funding is available to the state, tribal, eligible local governments and certain private…
FHFA: House Price Index Up 0.4 Percent in July; Up 5.0 Percent From Last Year
U.S. house prices rose in July, up 0.4 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 5.0 percent from July 2018 to July 2019. The previously reported 0.2 percent increase for June 2019 remains unchanged. For the nine census divisions, seasonally adjusted monthly house price changes from…
EDA: $914,981 Grant Awarded to Boost Business Growth in Newtown, CT Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $914,981 grant to the town of Newtown, Connecticut, to install a reliable sanitary sewer system that will encourage economic development, job creation and retention, and private investment on the Fairfield Hills Campus in the Naugatuck Valley Corridor Region. The project, to be…
EDA: $900k Grant Awarded to Support Advanced Manufacturing Businesses in Brownsville, TX Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $900,000 grant to the Brownsville Community Improvement Corporation of Brownsville, Texas, to establish a state-of-the-art center that will help nurture the growth of technology-based entrepreneurial ventures. The project, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be matched with…
EDA: $850k Grant Announced to Make Infrastructure Improvements in Weslaco, TX
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $850,000 grant to the city of Weslaco, Texas, to expand hangar capacity at the Weslaco Mid Valley Airport to boost the competitiveness of the local Foreign Trade Zone. This EDA grant, to be matched with $566,667 in local investment, is expected to…
EDA: $845k Grant Made to Protect Business from Flood in Lawrence, AR
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $845,000 grant to Lawrence County, Arkansas, to help protect businesses in the event of future floods by improving Lawrence County Road 210. The EDA grant, to be matched with $550,000 in local investment, is expected to help create or retain 35 jobs….
EDA: $633,408 Grant Made to Boost Workforce Training Efforts in Wilmington, NC
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $633,408 grant to Cape Fear Community College of Wilmington, North Carolina, to help establish an Electrical Powerline Technician School. The grant, to be matched with $158,352 in local investment, is expected to attract nearly $6 million in private investment, and create 200…
EDA: $695,965 Grant Made to Support Commercial Fishing Fleet and Nuclear Power Station in Seabrook, NH
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $695,965 grant to the Town of Seabrook, New Hampshire, to make critical infrastructure improvements needed to support the local fishing fleet and the NextEra nuclear power station. The grant, to be located near a Tax Cuts and Jobs Act designated Opportunity Zone, will be matched…
EDA: $500k Grant Made to Develop Comprehensive Smart Growth Strategy for Philadelphia Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to the Enterprise Center Community Development Corporation of Philadelphia, Pennsylvania, to develop a comprehensive smart growth strategy needed to help attract new private investment to a traditionally underserved transit corridor. The project, to serve several Tax Cuts and Jobs Actdesignated Opportunity Zone,…