Investment

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,…

HUD: $9.4 Million Awarded in Research Grants to Reduce Housing-Related Health Hazards

Funding to improve methods to identify and control key residential hazards The U.S. Department of Housing and Urban Development (HUD) today awarded $9.4 million to 13 universities and public health organizations to improve our understanding of the longer term impact of housing interventions targeting lead and other residential hazards and improve methods to identify and…

HUD: $10 Million in “Sweat Equity” Grants Announced

Grants help hundreds of families work alongside non-profits to build their homes and achieve homeownership The U.S. Department of Housing and Urban Development (HUD) today awarded $10 million in “sweat equity” grants to four non-profit self-help housing organizations which will create at least 536 affordable homes for hard-working, low-income families and individuals. Funded through HUD’s…

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…

EDA: $7.7 Million Invested to Make Infrastructure Improvements in Greenville, MS Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $7.7 million grant to the city of Greenville, Mississippi, to make sanitary sewer infrastructure improvements needed to keep businesses open in the event of future flooding and spur new business growth. The EDA grant, to be located…