SBA: Initial Results of Restaurant Revitialization Fund Announced
The SBA receives 186K applications; More than half of applications are from priority underserved business communities Today Administrator Isabella Casillas Guzman announced the initial results of the successful May 3rd launch of the Restaurant Revitalization Fund, showing more than 186,000 applications from restaurants and other food and beverage businesses in all 50 states, the District of Columbia, and…
HUD: More Than $20 Million Made Available to Fight Housing Discrimination
Grants will support fair housing testing, education, enforcement activities The U.S. Department of Housing and Urban Development (HUD) announced that it is making $20,229,156 available to fair housing organizations across the nation working to fight housing discrimination. The funds will support a variety of activities, including fair housing testing, education and outreach, and capacity building,…
EDA: $3.8 Million in CARES Act Recovery Assistance Invested to Support Business Expansion Efforts in Salina, KS
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.8 million CARES Act Recovery Assistance grant to the city of Salina, Kansas, for drainage and road improvements to allow for business expansion. This EDA grant, to be matched with $939,200 in local investment, is expected to…
EDA: $8.35 Million in CARES Act Recovery Assistance Invested to Support Transportation Infrastructure Improvements in Tracy, CA
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding an $8.35 million CARES Act Recovery Assistance grant to the city of Tracy, California, to make transportation infrastructure improvements needed to support the growth of business in a local industrial park. This EDA grant, to be matched with…
EDA: $4.7 Million in CARES Act Recovery Assistance Invested to Support Business Growth and Economic Development Resiliency Efforts in Alabama
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $4.7 million in CARES Act Recovery Assistance grants to help the state of Alabama prevent, prepare for, and respond to the coronavirus. “President Biden is committed to unleashing the full power of the federal government to ensure our…
EDA: $4 Million Invested to Boost Business and Job Growth Efforts in Alabama
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is investing $4 million in the state of Alabama to make critical infrastructure improvements needed to support current and future business needs. “President Biden is committed to making sure the United States once again leads the world across the board…
EDA: $3.15 Million in CARES Act Recovery Assistance Invested to Support Businesses Growth and Workforce Development Efforts in Northwest Ohio
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $3.15 million in CARES Act Recovery Assistance grants to help the state of Ohio prevent, prepare for, and respond to coronavirus. “The Biden Administration is committed to providing our communities with the resources they need to build booming…
EDA: $3 Million in CARES Act Recovery Assistance Invested to Increase Export Opportunities at Port of Port Arthur, TX
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million CARES Act Recovery Assistance grant to the Port of Port Arthur Navigation District, Port Arthur, Texas, to construct a new cargo handling, staging, and transport area that will enhance the Port’s capacity to handle exports….
EDA: $2.7 Million Invested to Support Growth of Technology Manufacturing Sector in Hancock, MI
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.7 million grant to the city of Hancock, Michigan, to provide flood resilient infrastructure for a new a business and technology park that will house technology and technology-driven light manufacturing businesses. This EDA project, to be matched…
EDA: $2.4 Million in CARES Act Recovery Assistance Invested to Establish Revolving Loan Fund to Assist Disadvantaged Entrepreneurs in NY and NJ
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million CARES Act Recovery Assistance grant to BOC Capital Corporation, Brooklyn, New York, to capitalize and administer a Revolving Loan Fund that will provide critical gap financing to disadvantaged entrepreneurs in minority communities in New York…