EDA: $1.3 Million in CARES Act Recovery Assistance Invested to Strengthen Agribusiness Infrastructure in Guam
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.3 million CARES Act Recovery Assistance grant to the Guam Economic Development Authority, Tamuning, Guam, to improve commercial infrastructure to support job creation and economic resiliency in the agribusiness sector. “President Biden is committed to helping…
EDA: $1 Million in CARES Act Recovery Assistance Invested to Establish Resiliency Center in Alexandria, LA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million CARES Act Recovery Assistance grant to the Kisatchie-Delta Regional Planning and Development District, Alexandria, Louisiana, to purchase, design, and renovate an existing building to create a new Resiliency Center that will support economic development…
EDA: $986,157 in CARES Act Recovery Assistance Invested to Support Workforce Development Efforts in Northern Colorado
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $986,157 CARES Act Recovery Assistance grant to Larimer County, Colorado, to update and expand workforce development strategies and sector partnerships in the region. This EDA grant, to be matched with $246,539 in local investment, is expected to create 495 jobs. “The Biden…
EDA: $900,000 in CARES Act Recovery Assistance Invested to Support Economic Recovery and Resiliency Efforts in the Inland Empire
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $900,000 CARES Act Recovery Assistance grant to the University of California, Riverside, to provide technical assistance to small businesses to bolster the region’s ability to withstand future economic disruptions. This EDA grant will be matched with $416,461 in local investment. “President Biden…
EDA: $700,000 Invested to Support a Multi-Purpose Community Facility in Brownsville, TX
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $700,000 grant to the city of Brownsville, Texas, to renovate a former warehouse to create the Cannery Public Market, a multi-purpose community building in the Mitte Cultural District. This EDA grant will be matched with $1.1 million in local investment. “The Economic…
EDA: $613,750 in CARES Act Recovery Assistance Invested to Support Broadband Plans for the State of Missouri
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $613,750 CARES Act Recovery Assistance grant to the Missouri Association of Councils of Government (MACOG), Jefferson City, Missouri, to develop broadband feasibility plans and provide technical assistance across the state. This EDA grant will be matched with $613,750 in state investment. “The…
CDFI Fund: FY 2021 Capital Magnet Fund Funding Round Opened
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2021 funding round for the Capital Magnet Fund. Through the Capital Magnet Fund, the CDFI Fund competitively awards funds to CDFIs and qualified non-profit housing organizations. These awards can be used to finance affordable housing, as…
SBA: $5.2 Million in PRIME Grants Awarded to Help Emerging Micro-entrpreneurs Gain Access to Capital
Grants Will Help 27 Organizations Provide Technical Assistance and Training Services to Economically Disadvantaged Businesses in HUB and Opportunity Zones The U.S. Small Business Administration has awarded 27 organizations across the United States a total of $5.2 million under the Program for Investment in Micro-Entrepreneurs (PRIME) grant awards. PRIME supports these nonprofit organizations as they help low-income entrepreneurs get…
HUD: Over $47 Million Awarded to Fight Housing Discrimination
Grants to support and promote fair housing nationwide The U.S. Department of Housing and Urban Development (HUD) today awarded $47.4 million to fair housing organizations across the country under its Fair Housing Initiatives Program (FHIP). The grants will support the efforts of 120 national and local fair housing organizations working to address violations of the Fair…
EDA: $3.5 Million in CARES Act Recovery Assistance Invested to Support Tech-Based Business Growth in Bloomington, IN
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.5 million CARES Act Recovery Assistance grant to the city of Bloomington, Indiana, to construct the Trades District Technology Center to support the growth of tech-based businesses. This EDA grant, to be matched with $1.6 million…