Investment

EDA: $1.5 Million Invested to Establish a Water Treatment Facility to Support Business Growth in Waynesboro, GA

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Waynesboro, Georgia, to establish a water well and water treatment facility needed to accommodate local business needs. This EDA project, to be matched with $1.5 million in local funds,…

EDA: $620,000 Invested for Infrastructure Improvements to Spur Business Growth in Santa Cruz, CA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $620,000 grant to the city of Santa Cruz, California, to make critical infrastructure improvements needed to expand usable business space in the city. This EDA grant, to be matched with $155,000 in local investment, is expected to create 75 jobs and generate…

SBA: Last Call for Restaurant Revitalization Fund Applications

Administrator Isabella Casillas Guzman announced that eligible eating establishments have until Monday, May 24, 8 p.m. ET, to submit applications to the Restaurant Revitalization Fund. “If our nation’s food and beverage industry is going to fully recover, we must ensure as many of the hardest-hit businesses get the economic aid they need,” said Administrator Guzman….

HUD: $5 Billion Announced to House People Experiencing Homelessness

Secretary Fudge: “With HUD’s swift allocation of this $5 billion in American Rescue Plan funding, we are providing communities the resources to give homes to the people who have had to endure the COVID-19 pandemic without one.” U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge today announced the allocation of $5…

SBA: $2.7 Million Grant Awarded for Women’s Business Center Resiliency and Recovery Demonstration

SBA Funding to Support WBC Network COVID-19 Program Innovations The U.S. Small Business Administration (SBA), Office of Women’s Business Ownership (OWBO) is accepting applications for the Women’s Business Centers (WBC) Resiliency and Recovery Demonstration Grant. The purpose of this opportunity is to continue or establish innovative projects that aim to improve service delivery, training, and support provided to women-owned businesses…

HUD: $51 Million Awarded to Clean Up Lead Hazards in Public Housing

Funding to identify and control potentially dangerous lead in thousands of homes with young children The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $51.4 million to 25 Public Housing Agencies (PHAs) in 19 states to identify and reduce lead-based paint hazards in thousands of older public housing units. Provided through HUD’s…

EDA: $4 Million in CARES Act Recovery Assistance Invested to Create Small Business Revolving Loan Fund Across Wyoming

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million CARES Act Recovery Assistance grant to Rural Development Fund, Casper, Wyoming, to capitalize and administer a Revolving Loan Fund (RLF) to provide critical gap financing to small businesses economically impacted by the coronavirus pandemic in…

EDA: $2.6 Million in CARES Act Recovery Assistance Invested to Capitalize Revolving Small Business Loan Fund in Five-County Region of New York

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million CARES Act Recovery Assistance grant to Hudson Valley Agribusiness Development Corporation, Hudson, New York, to capitalize and administer a Revolving Loan Fund, providing gap financing to farm and food businesses throughout Columbia, Dutchess, Greene, Orange,…

EDA: $2 Million Invested to Support Medical Center Expansion in Ashland, KY

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Ashland Hospital Corporation, Ashland, Kentucky, to purchase upgraded equipment and support expansion efforts. This EDA grant, to be matched with $500,000 in local investment, is expected to create 250 jobs and generate…

EDA: $2 Million in CARES Act Recovery Assistance Invested to Support Business Expansion and Growth Efforts in Dahlonega, GA

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to Lumpkin County Water & Sewerage Authority, Dahlonega, Georgia, to support business expansion and growth efforts, bolstering the region’s ability to withstand future economic disruptions. This EDA grant, to be…