Economic Development

EDA: $500,000 in CARES Act Recovery Assistance Invested in Grant County, NM

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to Grant County, New Mexico, to support economic recovery and expansion efforts in partnership with the Silver City Chamber of Commerce and Western New Mexico University. This EDA grant will be matched with $126,552 in local funds. “Helping our communities…

EDA: $4 Million Invested to Establish Workforce Training Facility Near Wabash County, IN Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to Wabash County, Indiana, to expand the Heartland Career Center to provide adult career training in healthcare and advanced manufacturing. The EDA grant, to be located near a Tax Cuts and Jobs Act Opportunity Zone, will…

CDFI Fund: $650,000 in CARES Act Recovery Assistance Invested to Implement a Technical Assistance Program Near Fayetteville, AR Opportunity Zone

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $650,000 CARES Act Recovery Assistance grant to Community Venture Foundation, Fayetteville, Arkansas, to provide technical assistance to small businesses impacted by the coronavirus pandemic in Northwest Arkansas. The EDA grant project, to be located near a Tax Cuts and Jobs Act Opportunity Zone, will…

EDA: $3.2 Million Invested to Support Business Development and Economic Diversification Efforts in Cortlandt, NY

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.2 million grant to the Town of Cortlandt, New York, to prepare a municipally-owned, 99-acre parcel of land for private development. The EDA grant, to be matched with $43.2 million in local funds, is expected to generate…

EDA: $2.2 Million Invested to Support the Growth of Meat Processors Near Cody, WY Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.2 million grant to Forward Cody Wyoming, Inc., Cody, Wyoming, to expand a facility in the North Cody Industrial Park that serves meat processors. The EDA grant, to be located near a Tax Cuts and Jobs Act Opportunity Zone,…

EDA: $1.8 Million Invested to Support Strategic Transportation Planning Efforts in Paradise, CA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million grant to the town of Paradise, California, to support the development of a transportation master plan to guide the recovery and redevelopment of the town’s transportation infrastructure. “The Trump Administration is committed to assisting communities…

EDA: $1 Million in CARES Act Recovery Assistance Invested to Assist Oklahoma Manufacturers in Responding to Coronavirus

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million CARES Act Recovery Assistance grant to Oklahoma State University, Stillwater, Oklahoma, to assist Oklahoma manufacturers in Northeast and Central Oklahoma respond to the coronavirus pandemic. The EDA grant will be matched with $485,000 in local…

EDA: $2.5 Million Invested in Support of STEM Workforce Development Near Opportunity Zone in North Little Rock, AR

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the University of Arkansas Pulaski Technical College, North Little Rock, Arkansas, to update and expand its STEM-focused facilities in support of modern workforce development in Arkansas. The EDA grant, to be located near…

EDA: $1.4 Million Invested to Make Infrastructure Upgrades in Prairie du Chien, WI Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.4 million grant to the city of Prairie du Chien, Wisconsin, to make stormwater infrastructure improvements at the North Gateway Business Park. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be…

EDA: $328,972 Invested to Create Economic Resiliency Plan to Reduce Flooding Impact in Richland County, WA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $328,972 grant to the county of Richland, Wisconsin, and the Southwestern Wisconsin Regional Planning Commission, Platteville, Wisconsin, to develop an economic resiliency plan that will diversify economic opportunities and reduce future flood impacts on Richland County’s economic…