Investment

SBA: New Grant Funding Announced for Native American-Owned Small Businesses

Native American Trade Expansion Program to Provide Up to $240,000 in Grants Today,  Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced a funding opportunity for Native American-owned small businesses under its new pilot Native American Trade Expansion Program…

EDA: $1.9 Million Invested to Support Sustainable Manufacturing in Red Devil, Alaska’s Tribal Communities

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.9 million grant to TKC Fish Wheel in Anchorage, Alaska, to support the establishment of a sustainable manufacturing enterprise for the Middle Kuskokwim Tribes.  This grant will support construction of a 9,288-square-foot sawmill in Red Devil, Alaska, that…

HUD: $325 Million Invested in Housing and Community Development Improvements

President Biden and HUD Acting Secretary Todman announced the Choice Neighborhoods awards to build new homes and spur economic development. Today, President Joe Biden and HUD Acting Secretary Adrianne Todman announced that the Biden-Harris Administration is awarding $325 million in Choice Neighborhoods Implementation Grant funding to seven communities to build more homes and revitalize neighborhoods…

HUD: $100 Million Provided to the U.S. Virgin Islands for Electrical System Infrastructure Improvements

The funding will enhance power reliability on the U.S. Virgin Islands. This week, the U.S. Department of Housing and Urban Development (HUD) announced the release of $100 million in Community Development Block Grant – Mitigation funds to the U.S. Virgin Islands. The funds are available for the purchase of fuel storage infrastructure benefitting the Islands,…

HUD: $40 Million Made Available to Prevent Evictions and Prevent Homelessness

The funding will provide legal assistance at no cost to low-income tenants. The U.S. Department of Housing and Urban Development (HUD) announced the availability of $40 million in grant funds for eligible non-profit or governmental entities to provide no cost legal assistance to low-income tenants at risk of or subject to eviction from their homes….

HUD: Over $30 Million Awarded to Connect Public Housing Residents to Employment and Education to Help Bridge the Wealth Gap

Awards will go to Public Housing Agencies and will help increase economic mobility to families across the country. The U.S. Department of Housing and Urban Development (HUD) today awarded over $30 million to 14 Public Housing Agencies (PHAs) in 12 states to help families increase their earned income and improve their economic mobility through the…

EDA: $4 Million Invested to Establish Workforce Development Training Facility in Southern Arizona

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to the Pascua Yaqui Development Corporation, in Tucson, Arizona, to support workforce development at the Pascua Yaqui Reservation and surrounding community. This grant will support construction of a 3,200-square-foot workforce development facility and the acquisition…

EDA: $2.4 Million Invested to Utility Upgrades to Support Business Growth in Granite Falls, MN

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the city of Granite Falls, Minnesota, for electrical grid upgrades in support of local businesses. This grant will provide an updated utility infrastructure, providing businesses with reliable service during future natural disasters. This EDA…

EDA: $1.5 Million Invested for Airport Infrastructure Improvements to Support Business Development in Granbury, TX

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 Granbury, Texas’ Economic Development Department for infrastructure improvements at Granbury Regional Airport to support business development in the region. This grant will provide airport access to larger aircraft, attracting additional businesses…

EDA: $1.3 Million Invested to Support Advanced Manufacturing Workforce Development in Parkersburg, WV

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to West Virginia University at Parkersburg (WVUP) to boost advanced manufacturing workforce training efforts in the region. This grant will support development of the WVUP Advanced Manufacturing Training Facility and the procurement of related equipment….