EDA: $2 Million Invested for Wastewater Infrastructure Improvements to Support Semiconductor Manufacturing in West Lafayette, IN
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of West Lafayette, Indiana, for wastewater treatment infrastructure improvements to support semiconductor manufacturing in the region. This grant will increase capacity at the Purdue Research Park to support construction of a semiconductor…
EDA: $2 Million Invested to Support Disaster Resiliency and Economic Growth in Canton, NC
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of West Lafayette, Indiana, for wastewater treatment infrastructure improvements to support semiconductor manufacturing in the region. This grant will increase capacity at the Purdue Research Park to support construction of a semiconductor…
EDA: $1.6 Million Invested for Electrical Infrastructure to Bolster Economic Growth in Adrian, MN
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the city of Adrian, Minnesota, for electrical infrastructure improvements to support business and job creation in the region. This grant will construct a new electrical substation and help purchase related equipment to mitigate future…
EDA: $1.5 Million Invested to Expand Public Safety Workforce Development in Grand Rapids, MI
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Grand Rapids, Michigan, to support firefighter workforce development in the region. This grant will construct a five-story firefighter training facility to prepare residents for quality, in-demand jobs. This EDA investment will…
EDA: $1.2 Million Invested to Boost Clean Energy Manufacturing Sector in Sumter, SC
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the city of Sumter, South Carolina, for water infrastructure improvements needed to boost the region’s clean energy industry. This grant will support the establishment of a new solar wafer manufacturing facility. This EDA investment…
EDA: $800,000 Invested to Support the Textile Manufacturing Industry in Morganton, NC
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $800,000 grant to The Industrial Commons in Morganton, North Carolina, to support textile manufacturing in the region. This grant will provide for personnel and equipment in support of expanding the local textile production industry. This EDA investment will be matched with $500,000…
ABA: Bank Economists Share that Soft Landing Remains Likely, But Risks Remain
The American Bankers Association’s Economic Advisory Committee expects moderating inflation to enable the Federal Reserve to reduce the federal funds rate and support an ongoing economic expansion, according to the latest forecast the group released today. The committee, composed of 15 chief economists from some of North America’s largest banks, expects solid real economic growth…
FEMA: President Biden Approves Major Disaster Declaration for Florida
FEMA announced that federal disaster assistance is available to the state of Florida to supplement recovery efforts in the areas affected by Hurricane Helene from Sept. 23, 2024 and continuing. The President’s action makes federal funding available to affected individuals in Charlotte, Citrus, Dixie, Franklin, Hernando, Hillsborough, Jefferson, Lafayette, Lee, Levy, Madison, Manatee, Pasco, Pinellas,…
FEMA: President Biden Approves Major Disaster Declaration for North Carolina
FEMA announced that federal disaster assistance is available to the state of North Carolina to supplement recovery efforts in the areas affected by Tropical Storm Helene from Sept. 25, 2024, and continuing. The President’s action makes federal funding available to affected individuals in Alexander, Alleghany, Ashe, Avery, Buncombe, Burke, Caldwell, Catawba, Clay, Cleveland, Gaston, Haywood,…
HUD: Aid Offered to Vermont Disaster Victims
Federal aid supports counties of Caledonia, Essex, and Orleans The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the State of Vermont and ordered federal aid to supplement state and local recovery efforts in the areas affected by the severe storms, flooding, landslides, and mudslides from…