Coronavirus

EDA: $1.8 Million in CARES Act Recovery Assistance Invested to Support Tourism Recovery in Nebraska

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million CARES Act Recovery Assistance grant to the Nebraska Tourism Commission, Lincoln, Nebraska, to boost the state’s tourism industry through coordination and marketing. This EDA grant, to be matched with $450,000 in local funds, is…

EDA: $1.6 Million in CARES Act Recovery Assistance Invested to Build Economic Development Resource Center in Bossier City, LA

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million CARES Act Recovery Assistance grant to the Coordinating and Development Corporation, Bossier City, Louisiana, to construct the Northwest Louisiana one-stop resource center, allowing for business development and growth. This EDA grant will be matched…

EDA: $754,840 in CARES Act Recovery Assistance Invested to Support Medical Technology Innovators in Southeast Michigan

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $754,840 CARES Act Recovery Assistance grant to the Wayne State University Research and Technology Park, Detroit, Michigan, to support innovation and entrepreneurship in the region’s medical and manufacturing sectors. This EDA grant, to be matched with $249,900 in local investment, is expected…

EDA: $1.6 Million in CARES Act Recovery Assistance Invested to Help Louisiana Ports Respond to Disasters and Better Prepare for Future Challenges

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million CARES Act Recovery Assistance grant to The Water Institute of the Gulf, Baton Rouge, Louisiana, to develop the Lower Mississippi SmartPort and Resilience Center (SmartPort). This EDA grant, to be matched with $1.4 million…

EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Boost Economic Recovery at the Menominee Reservation in Wisconsin

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to the Menominee Indian Tribe of Wisconsin, Keshena, Wisconsin, to develop economic recovery strategies that will strengthen, diversify, and add resilience to the regional economy.  “President Biden is committed…

EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Support Small Businesses and the Medical Technology Industry in Michigan

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $1.5 million in CARES Act Recovery Assistance grants to help the state of Michigan prevent, prepare for, and respond to coronavirus. “President Biden is committed to harnessing the full power of the federal government to ensure our…

Census Bureau: Small Business Pulse Survey Phase 5 Weekly Data Released

The U.S. Census Bureau today released new data from the fifth phase of the Small Business Pulse Survey (SBPS). Data collection began May 17. Results will be released weekly May 27 to July 22. The SBPS includes questions on small business operations and finances, requests and receipt of assistance, COVID-19 vaccinations and testing, measures of overall well-being, and…

FHFA: COVID-19 Multifamily Forbearance Extended through September 30, 2021

Multifamily property owners entering into new or modified forbearance plans must offer tenant protections Today, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will continue to offer COVID-19 forbearance to qualifying multifamily property owners through September 30, 2021, subject to the continued tenant protections FHFA has imposed during…

EDA: $8 Million in CARES Act Recovery Assistance Invested to Support Business Development and Job Creation Efforts in Texas

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $8 million in CARES Act Recovery Assistance grants to help the state of Texas prevent, prepare for, and respond to coronavirus. “The Biden Administration is dedicated to creating new opportunities to put Americans back to work as…

EDA: $4 Million in CARES Act Recovery Assistance Invested to Build Operations Center at the Choctaw Nation Emerging Aviation Technology Center in Durant, OK

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million CARES Act Recovery Assistance grant to the Choctaw Nation of Oklahoma, Durant, Oklahoma, to build an operations center at the Choctaw Nation Emerging Aviation Technology Center. “President Biden is committed to supporting Tribal communities…