Investment

EDA: $1.5 Million Invested to Improve Critical Wastewater Infrastructure in Banks County, GA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to Banks County, Georgia, to make critical wastewater infrastructure improvements needed to support the region’s growing manufacturing base. The EDA grant, to be matched with $3 million in local funds, is expected to generate…

HUD: New Uses for Communities’ Coronavirus Relief Funds Approved

New flexibilities allow communities to effectively use over 3 billion in HUD relief funds  U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced new flexibilities states and local government can use in order to best utilize Community Development Block Grant (CDBG-CV) funds appropriated by the CARES Act, as well as other…

EDA: $824,112 Invested to Make Critical Infrastructure Improvements to Protect from Future Floods Near Opportunity Zone in SC

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $824,112 grant to the town of Cheraw, South Carolina, to make water infrastructure improvements needed to protect businesses from future floods and natural disasters. The EDA grant project, to be located near a Tax Cuts and Jobs Act Opportunity Zone, will be matched with…

EDA: $2 Million Invested to Develop Food Processing Business Incubator in Battle Creek, MI

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Battle Creek Unlimited, Battle Creek, Michigan, to develop a food processing incubator to serve the region’s food processing firms. The EDA grant, to be matched with $2 million in local funding, is expected…

EDA: $3 Million Invested to Make Critical Water Infrastructure Improvements in Clinton County, IN

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to Clinton County, Indiana, to make wastewater infrastructure improvements needed to support business growth throughout the region. The EDA grant, to be matched with $5.1 million in local funds, is expected to create 150…

EDA: $3.7 Million Invested to Make Critical Water Infrastructure Improvements in Greene County, OH

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.7 million grant to the Greene County Board of Commissioners, Xenia, Ohio, to provide modern sanitary sewer infrastructure needed to protect businesses against damage from future severe weather events. The EDA grant will be matched with $2.5…

EDA: $2 Million Invested to Aid Fourche Dam Pike Road Corridor in Pulaski County, AR Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Pulaski County, Arkansas, to make critical roadway infrastructure improvements to the Fourche Dam Pike Road Corridor to support new business and job growth in the region. The EDA grant, to be located in…

EDA: $6 Million Invested to Make Disaster Resilient Infrastructure Improvemenst Near Opportunity Zone in Lexington, MO

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $6 million grant to the city of Lexington, Missouri, to make critical water infrastructure improvements needed to protect businesses from future severe weather events. The EDA grant, to be located near a Tax Cuts and Jobs Act Opportunity Zone,…

EDA: $8.4 Million Invested to Improve Flood Control Infrastructure Near Opportunity Zone in Council Bluffs, IA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $8.4 million grant to the city of Council Bluffs, Iowa, to make flood control infrastructure improvements needed to protect businesses and make the region resilient to future natural disasters. The EDA grant, which will be located near…

EDA: $4.4 Million Invested in Tennessee to Support Local Stratgies or Job Growth in Opportunity Zones

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $4.4 million in the state of Tennessee to build critical infrastructure needed to support business growth. The EDA grants, to be matched with more than $2 million in other federal or local funds, are expected to help create…