EDA: $1 Million Invested to Boost Industrial Capacity in Darlington, WI
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the city of Darlington, Wisconsin, to make critical infrastructure improvements needed to expand an existing industrial park. This EDA grant will be matched with $1 million in local investment, and is expected to…
EDA: Investment Made to Help Establish Training Center for Maintenance Technology Programs at Pensacola International Airport
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $12.25 million grant to the city of Pensacola, Florida, to make critical infrastructure improvements needed to establish a maintenance training facility at Pensacola International Airport. The EDA grant, to be matched with more than $36 million in…
CFPB: Report on Third-Party Debt Collections Released
The Consumer Financial Protection Bureau (Bureau) released a report today that found that more than one-in-four consumers with a credit report have at least one debt in collection by third-party debt collectors. Today’s report, which covers 2004 to 2018, is drawn from the Bureau’s Consumer Credit Panel (CCP), a nationally representative sample of approximately 5…
FEMA: Avoid Another Disaster…Beware of Fraud
Scams seem to follow disasters. Don’t let your guard down and suffer another disaster such as identity theft or paying fees for services that are never provided. Remember, FEMA never charges for services nor does it endorse any commercial business, product or service. All federal employees have an official badge/ID. Ask to see it. The…
HUD and Census Bureau: Residential Construction Activity Report for June 2019
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for June 2019. Building Permits Privately owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,220,000. This is 6.1 percent (±1.2 percent) below the revised…
EDA: Investment in Hurricane Harvey Disaster Recovery Made in Anahuac, TX Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $5 million grant to the city of Anahuac, Texas, to protect businesses from future floods by rebuilding a wastewater treatment plant that was severely damaged by Hurricane Harvey in 2017. The investment, to be located in a Tax…
EDA: $1.2 Million Invested to Stoke Post Disaster Business and Entrepreneurial Activity in Puerto Rico Opportunity Zone
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 Operation Hope, Inc., of Atlanta, Georgia, to provide up to 300 technical assistance workshops in the Commonwealth of Puerto Rico to help small businesses and entrepreneurs grow and succeed following Hurricanes Irma and…
EDA: $3 Million Invested to Support Growth in Floyd County, IN
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Floyd County Commissioners of New Albany, Indiana, to make critical roadway infrastructure improvements needed to serve an industrial park that will support high-tech businesses. The EDA grant, to be matched with $3…
HUD: Secretary Carson Applauds the SEC’s Efforts to Encourage Main Street Investment in Opportunity Zones
SEC is also explaining how state and federal laws apply to Opportunity Zone fundraising U.S. Housing and Urban Development (HUD) Secretary Ben Carson today applauded the Securities and Exchange Commission’s (SEC) recent efforts to encourage Main Street capital investment in Opportunity Zones. In addition to providing guidance about participating in Qualified Opportunity Fund offerings, the…
EDA: $2.8 Million Invested to Protect Coral Springs, FL Corporate Park Area from Flooding
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.8 million grant to the city of Coral Springs, Florida, to make improvements to better manage storm water at the 442-acre Corporate Park business area. This EDA grant will be matched with $1.97 million in local investment,…